InsiderEdge™ – Top Sales and Top Purchases – March 18, 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.

Chief Executive Officer at Traeger, Inc. ($COOK)

The Chief Executive Officer purchased 396,689 shares at $2.35/share ($933K total) which increased their vested holdings by 2.5%. The current price is $2.21 (-6.0%). Their median purchase size is $431K and this is their 1st largest purchase out of 3 all time. (SEC Source)

Historic Returns
1m returns: 25% weighted | 19% median | 100% win rate (2/2)
3m returns: 5% weighted | 8% median | 100% win rate (2/2)
6m returns: 27% weighted | 27% median | 100% win rate (2/2)
1y returns: 8% weighted | 15% median | 50% win rate (1/2) 


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.

Director at ACV Auctions Inc. ($ACVA)

The Director sold 1,269,990 shares at $17.49/share ($22.21M total) which decreased their vested holdings by 100.0%. The current price is $17.68 (+1.1%). Their median sale size is $4.57M and this is their 1st largest sale out of 8 all time. (SEC Source)

Historic Returns
1m returns: -6% weighted | -3% median | 0% win rate (0/5)
3m returns:  -18% weighted | -13% median | 0% win rate (0/5)
6m returns: -36% weighted | -28% median | 0% win rate (0/5)
1y returns: -59% weighted | -59% median | 0% win rate (0/3) 

Advisor at SunOpta Inc. ($STKL)

The Advisor sold 150,000 shares at $6.89/share ($1.03M total) which decreased their vested holdings by 7.9%. The current price is $6.93 (+0.6%). Their median sale size is $1.49M and this is their 2nd largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | -2% median | 0% win rate (0/1)
3m returns: -23% weighted | -23% median | 0% win rate (0/1)
6m returns: -46% weighted | -46% median | 0% win rate (0/1)
1y returns: -43% weighted | -43% median | 0% win rate (0/1)

EVP – Accounting at ALEXANDRIA REAL ESTATE EQUITIES, INC. ($ARE)

The EVP – Accounting sold 3,000 shares at $126.67/share ($380K total) which decreased their vested holdings by 6.5%. The current price is $123.75 (-2.3%). Their median sale size is $591K and this is their 2nd largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -24% weighted | -24% median | 0% win rate (0/1)
3m returns: -27% weighted | -27% median | 0% win rate (0/1)
6m returns: -26% weighted | -26% median | 0% win rate (0/1)
1y returns: -29% weighted | -29% median | 0% win rate (0/1) 

EVP, Finance at Axos Financial, Inc. ($AX)

The EVP, Finance sold 13,000 shares at $51.16/share ($665K total) which decreased their vested holdings by 2.7%. The current price is $49.43 (-3.4%). Their median sale size is $480K and this is their 7th largest sale out of 15 all time. (SEC Source)

Historic Returns
1m returns: -8% weighted | -4% median | 25% win rate (3/12)
3m returns: -12% weighted | -8% median | 36% win rate (4/11)
6m returns: -37% weighted | -4% median | 30% win rate (3/10)
1y returns: -38% weighted | -14% median | 29% win rate (2/7)  

Chief Financial Officer at Owlet, Inc. ($OWLT)

The Chief Financial Officer sold 7,267 shares at $4.96/share ($36,044.32 total) which decreased their vested holdings by 7.6%. The current price is $4.45 (-10.3%). Their median sale size is $1,757.98 and this is their 3rd largest sale out of 9 all time. (SEC Source)

Historic Returns
1m returns: -21% weighted | -9% median | 29% win rate (2/7)
3m returns: -29% weighted | -12% median | 33% win rate (2/6)
6m returns: -24% weighted | -15% median | 25% win rate (1/4)
1y returns: -13% weighted | -13% 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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