InsiderEdge™ – Top Sales and Top Purchases – September 19, 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 Matador Resources Co ($MTDR)

The Director purchased 500 shares at $50.58/share ($25,290.00 total) which increased their vested holdings by 0.7%. The current price is $51.96 (+2.7%). Their median purchase size is $13,470.00 and this is their 1st largest purchase out of 9 all time. (SEC Source)

Historic Returns
1m returns: 14% weighted | 11% median | 75% win rate (6/8)
3m returns: 73% weighted | 32% median | 75% win rate (6/8)
6m returns: 92% weighted | 74% median | 88% win rate (7/8)
1y returns: 261% weighted | 197% median | 86% win rate (6/7)

10% Owner at Viridian Therapeutics, Inc.\DE ($VRDN)

The 10% Owner purchased 1,600,000 shares at $18.75/share ($30.00M total) which increased their vested holdings by 86.7%. The current price is $21.18 (+13.0%). Their median purchase size is $9.75M and this is their 2nd largest purchase out of 12 all time. (SEC Source)

Historic Returns
1m returns: 8% weighted | -2% median | 30% win rate (3/10)
3m returns: 5% weighted | -12% median | 20% win rate (2/10)
6m returns: 34% weighted | 48% median | 80% win rate (8/10)
1y returns: 82% weighted | 36% median | 67% win rate (4/6)

Director at Zenas BioPharma, Inc. ($ZBIO)

The Director purchased 58,823 shares at $17.00/share ($1M total) which increased their vested holdings by 0.0%. The current price is $17.63 (+3.7%). Their median purchase size is $2.16M and this is their 6th largest purchase out of 7 all time. (SEC Source)

Historic Returns
1m returns: 22% weighted | 29% median | 80% win rate (4/5)
3m returns: 7% weighted | 10% median | 60% win rate (3/5)
6m returns: 87% weighted | 97% median | 100% win rate (5/5)
1y returns: 9% weighted | 21% median | 75% win rate (3/4)

Chief Executive Officer at TREACE MEDICAL CONCEPTS, INC. ($TMCI)

The Chief Executive Officer purchased 50,000 shares at $5.31/share ($266K total) which increased their vested holdings by 0.4%. The current price is $5.21 (-1.9%). Their median purchase size is $450K and this is their 8th largest purchase out of 11 all time. (SEC Source)

Historic Returns
1m returns: 19% weighted | 14% median | 90% win rate (9/10)
3m returns: 16% weighted | 12% median | 89% win rate (8/9)
6m returns: 14% weighted | 11% median | 100% win rate (5/5)
1y returns: -34% weighted | -23% median | 0% win rate (0/5)


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.

Sr. Vice President at CONSUMER PORTFOLIO SERVICES, INC. ($CPSS)

The Sr. Vice President sold 10,000 shares at $9.50/share ($95,000.00 total) which decreased their vested holdings by 3.8%. The current price is $9.61 (+1.2%). Their median sale size is $95,000.00 and this is their 2nd largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -22% weighted | -22% median | 0% win rate (0/1)
3m returns: -46% weighted | -46% median | 0% win rate (0/1)
6m returns: -16% weighted | -16% median | 0% win rate (0/1)
1y returns: -34% weighted | -34% median | 0% win rate (0/1)  

Note: 1 other insiders also sold the stock

10% Owner at Compass, Inc. ($COMP)

The 10% Owner sold 7,500,000 shares at $6.24/share ($46.80M total) which decreased their vested holdings by 9.9%. The current price is $6.54 (+4.8%). Their median sale size is $51.08M and this is their 4th largest sale out of 6 all time. (SEC Source)

Historic Returns
1m returns: 19% weighted | 8% median | 60% win rate (3/5)
3m returns: -16% weighted | 2% median | 60% win rate (3/5)
6m returns: -44% weighted | -10% median | 50% win rate (2/4)
1y returns: -73% weighted | -39% median | 50% win rate (1/2)

Chief Financial Officer at WEX Inc. ($WEX)

The Chief Financial Officer sold 508 shares at $200.00/share ($102K total) which decreased their vested holdings by 6.7%. The current price is $202.80 (+1.4%). Their median sale size is $103K and this is their 7th largest sale out of 11 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | -3% median | 20% win rate (2/10)
3m returns: -26% weighted | -29% median | 0% win rate (0/8)
6m returns: -34% weighted | -36% median | 0% win rate (0/8)
1y returns: -46% weighted | -41% median | 0% win rate (0/6)

EVP, Human Resources at CORE MOLDING TECHNOLOGIES INC ($CMT)

The EVP, Human Resources sold 717 shares at $18.14/share ($13,007.17 total) which decreased their vested holdings by 1.8%. The current price is $18.08 (-0.3%). Their median sale size is $100K and this is their 8th largest sale out of 10 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | -1% median | 40% win rate (2/5)
3m returns: -32% weighted | -30% median | 0% win rate (0/4)
6m returns: -32% weighted | -32% median | 0% win rate (0/3)
1y returns: -33% weighted | -33% 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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