InsiderEdge™ – Top Sales and Top Purchases – September 26, 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.

Director at Biohaven Ltd. ($BHVN)

The Director purchased 5,000 shares at $44.19/share ($221K total) which increased their vested holdings by 0.3%. The current price is $49.23 (+11.4%). Their median purchase size is $140K and this is their 8th largest purchase out of 19 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | -6% median | 44% win rate (7/16)
3m returns: 17% weighted | -4% median | 50% win rate (6/12)
6m returns: 35% weighted | 35% median | 100% win rate (4/4)
1y returns: 66% weighted | 71% median | 100% win rate (3/3)

Director at METHODE ELECTRONICS INC ($MEI)

The Director purchased 8,800 shares at $11.38/share ($100K total) which increased their vested holdings by 30.6%. The current price is $11.15 (-2.0%). Their median purchase size is $100K and this is their 2nd largest purchase out of 3 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | -2% median | 0% win rate (0/2)
3m returns: 19% weighted | 15% median | 100% win rate (2/2)
6m returns: 8% weighted | 9% median | 100% win rate (2/2)
1y returns: 55% weighted | 46% median | 100% win rate (2/2)


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 Rubicon Technologies, Inc. ($RBTC)

The 10% Owner sold 101,802 shares at $0.05/share ($5,034.20 total) which decreased their vested holdings by 1.2%. The current price is $0.05 (-2.9%). Their median sale size is $12,572.70 and this is their 23rd largest sale out of 28 all time. (SEC Source)

Historic Returns
1m returns: -12% weighted | -26% median | 22% win rate (4/18)
3m returns: -62% weighted | -69% median | 0% win rate (0/7)
6m returns: -91% weighted | -91% median | 0% win rate (0/1)
1y returns: N/A

Chief Operating Officer at NORDSTROM INC ($JWN)

The Chief Operating Officer sold 20,000 shares at $23.20/share ($464K total) which decreased their vested holdings by 10.6%. The current price is $22.64 (-2.4%). Their median sale size is $319K and this is their 1st largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -10% weighted | -10% median | 0% win rate (0/2)
3m returns: -12% weighted | -12% median | 0% win rate (0/2)
6m returns: -21% weighted | -21% median | 0% win rate (0/2)
1y returns: -34% weighted | -33% median | 0% win rate (0/2)

COO at Townsquare Media, Inc. ($TSQ)

The COO sold 20,262 shares at $10.32/share ($209K total) which decreased their vested holdings by 1.2%. The current price is $10.21 (-1.1%). Their median sale size is $171K and this is their 5th largest sale out of 12 all time. (SEC Source)

Historic Returns
1m returns: 2% weighted | 6% median | 64% win rate (7/11)
3m returns: -13% weighted | -8% median | 18% win rate (2/11)
6m returns: -7% weighted | -7% median | 0% win rate (0/10)
1y returns: -12% weighted | -12% median | 0% win rate (0/3)


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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