InsiderEdge™ – Top Sales and Top Purchases – August 14, 2024

Top Purchases

The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.

Co-CEO at Energy Transfer LP ($ET) 

The Co-CEO purchased 20,000 shares at $15.68/share ($314K total) which increased their vested holdings by 0.5%. The current price is $15.58 (-0.6%). Their median purchase size is $133K and this is their 2nd largest purchase out of 11 all time. (SEC Source

Historic Returns
1m returns: 7% weighted | 5% median | 60% win rate (6/10)
3m returns: 26% weighted | 24% median | 100% win rate (9/9)
6m returns: 12% weighted | 2% median | 56% win rate (5/9)
1y returns: 21% weighted | 35% median | 89% win rate (8/9)

Note: 1 other insiders also purchased the stock  

President & CEO at Delek US Holdings, Inc. ($DK) 

The President & CEO purchased 5,651 shares at $20.42/share ($115K total) which increased their vested holdings by 3.1%. The current price is $21.39 (+4.8%). Their median purchase size is $115K and this is their 2nd largest purchase out of 3 all time. (SEC Source

Historic Returns
1m returns: 5% weighted | 5% median | 100% win rate (2/2)
3m returns: 10% weighted | 12% median | 100% win rate (2/2)
6m returns: 26% weighted | 23% median | 100% win rate (2/2)
1y returns: 17% weighted | 13% median | 50% win rate (1/2)  

President at CHOICEONE FINANCIAL SERVICES INC ($COFS) 

The President purchased 500 shares at $26.75/share ($13,375.00 total) which increased their vested holdings by 4.4%. The current price is $26.82 (+0.3%). Their median purchase size is $21,970.00 and this is their 3rd largest purchase out of 3 all time. (SEC Source

Historic Returns
1m returns: 26% weighted | 26% median | 100% win rate (1/1)
3m returns: 17% weighted | 17% median | 100% win rate (1/1)
6m returns: 14% weighted | 14% median | 100% win rate (1/1)
1y returns: N/A    

Executive VP & COO at SHENANDOAH TELECOMMUNICATIONS CO/VA/ ($SHEN)

The Executive VP & COO purchased 2,000 shares at $14.15/share ($28,307.40 total) which increased their vested holdings by 3.0%. The current price is $14.37 (+1.5%). Their median purchase size is $88,878.70 and this is their 2nd largest purchase out of 2 all time. (SEC Source

Historic Returns
1m returns: 24% weighted | 24% median | 100% win rate (1/1)
3m returns: 24% weighted | 24% median | 100% win rate (1/1)
6m returns: N/A
1y returns: N/A  


Top Sales

The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.

10% Owner at Hyzon Motors Inc. ($HYZN) 

The 10% Owner sold 2,763,980 shares at $0.10/share ($276K total) which decreased their vested holdings by 5.1%. The current price is $0.08 (-20.3%). Their median sale size is $139K and this is their 4th largest sale out of 13 all time. (SEC Source

Historic Returns
1m returns: 21% weighted | -10% median | 17% win rate (2/12)
3m returns: -38% weighted | -48% median | 14% win rate (1/7)
6m returns: -55% weighted | -61% median | 0% win rate (0/4)
1y returns: -42% weighted | -42% median | 0% win rate (0/1)  

President & COO at LIGAND PHARMACEUTICALS INC ($LGND) 

The President & COO sold 18,245 shares at $98.50/share ($1.80M total) which decreased their vested holdings by 21.1%. The current price is $103.02 (+4.6%). Their median sale size is $1.65M and this is their 2nd largest sale out of 4 all time. (SEC Source

Historic Returns
1m returns: 3% weighted | -3% median | 33% win rate (1/3)
3m returns: -20% weighted | 12% median | 67% win rate (2/3)
6m returns: -37% weighted | -7% median | 50% win rate (1/2)
1y returns: -52% weighted | -27% median | 50% win rate (1/2)  

Director at BigCommerce Holdings, Inc. ($BIGC) 

The Director sold 157,527 shares at $5.52/share ($869K total) which decreased their vested holdings by 36.0%. The current price is $5.58 (+1.1%). Their median sale size is $1.43M and this is their 15th largest sale out of 17 all time. (SEC Source

Historic Returns
1m returns: -4% weighted | -3% median | 38% win rate (6/16)
3m returns: -10% weighted | -9% median | 19% win rate (3/16)
6m returns: -13% weighted | -19% median | 19% win rate (3/16)
1y returns: -51% weighted | -56% median | 7% win rate (1/14)  

Chief Executive Officer at Cricut, Inc. ($CRCT) 

The Chief Executive Officer sold 171,424 shares at $6.09/share ($1.04M total) which decreased their vested holdings by 6.2%. The current price is $6.10 (+0.1%). Their median sale size is $995K and this is their 3rd largest sale out of 6 all time. (SEC Source

Historic Returns
1m returns: 5% weighted | -4% median | 20% win rate (1/5)
3m returns: -4% weighted | -20% median | 25% win rate (1/4)
6m returns: -13% weighted | -43% median | 33% win rate (1/3)
1y returns: -56% weighted | -56% median | 0% win rate (0/1)


Disclaimer: The content provided by InsiderEdge™ is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any securities. The historical performance noted in this post is not is not indicative of future results. Investing involves risk, including the potential loss of principal. Use the platform at your own risk and consult a financial advisor before making any investment decisions. In partnership with Yellowbrick Investing Inc.

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