InsiderEdge™️ Highlights: December 2024’s Top Insider Trades
Throughout December, let’s examine some of the month’s most significant reported insider trades:
Rezolute, Inc. ($RZLT)
- Trade Report: On December 19th, InsiderEdge reported the CFO’s purchase of 10,000 shares at $4.29/share, totaling $42,900. This acquisition increased their vested holdings by 4.5%.
- Stock Price Activity: Following the report, the stock price rose to $5.15, marking a 26.23% increase.
- Implications of the Trade: The insider shows exceptional performance across timeframes with a 100% win rate over 1, 3, and 6 months. This was their 6th largest reported purchase out of 9 all-time trades, with a median purchase size of $42,900.
TIDEWATER INC ($TDW)
- Trade Report: On December 17th, InsiderEdge reported a Director’s purchase of 2,067 shares at $48.26/share, investing $99,758.17. This buy increased their vested holdings by 0.1%.
- Stock Price Activity: After the signal, the stock appreciated to $55.73, an 18.45% gain.
- Implications of the Trade: The insider demonstrates strong long-term performance with an 89% win rate over 1 year. This was their 14th largest reported purchase out of 22 all-time trades, with particularly strong 3-month and 6-month performance metrics.
UNITED STATES ANTIMONY CORP ($UAMY)
- Trade Report: In December, InsiderEdge reported a Director’s purchase of 70,000 shares at $1.46/share, investing $102K. This acquisition increased their vested holdings by 26.1%.
- Stock Price Activity: Following the report, the stock climbed to $1.73, representing a 15.33% gain.
- Implications of the Trade: The insider shows strong short-term performance with an 83% win rate over 1 month. This was their 2nd largest reported purchase out of 8 all-time trades, with a median purchase size of $43,248.50. Notably, another insider also purchased stock during this period.
Deciphering The Signals
These reported insider trades, filed with the SEC, provide insights into corporate insider confidence levels. The significant purchases by high-ranking insiders, including CFOs and Directors, coupled with the subsequent stock price increases, suggest strong internal confidence in their respective companies’ prospects.
While insider trading reports can be valuable indicators, investors should consider them as just one factor among many when making investment decisions. A comprehensive approach should include analysis of broader market conditions, company fundamentals, and industry trends.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. The historical performance noted here is not indicative of future results. Investing involves risk, including potential loss of principal. Consult a financial advisor before making any investment decisions.
