InsiderEdge™ – Top Sales and Top Purchases – September 20, 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 READING INTERNATIONAL INC ($RDI)

The Director purchased 6,500 shares at $1.82/share ($11,799.97 total) which increased their vested holdings by 5.0%. The current price is $1.78 (-1.9%). Their median purchase size is $13,487.50 and this is their 14th largest purchase out of 22 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | -1% median | 47% win rate (8/17)
3m returns: 7% weighted | 10% median | 59% win rate (10/17)
6m returns: 15% weighted | 24% median | 71% win rate (12/17)
1y returns: 47% weighted | 44% median | 76% win rate (13/17)


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 Mawson Infrastructure Group Inc. ($MIGI)

The Director sold 48,395 shares at $1.25/share ($60,499.56 total) which decreased their vested holdings by 40.9%. The current price is $1.23 (-1.6%). Their median sale size is $38,912.00 and this is their 1st largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -23% weighted | -13% median | 50% win rate (1/2)
3m returns: -38% weighted | -32% median | 0% win rate (0/2)
6m returns: -53% weighted | -49% median | 0% win rate (0/2)
1y returns: -88% weighted | -89% median | 0% win rate (0/2)

President and CEO at Verastem, Inc. ($VSTM)

The President and CEO sold 246 shares at $2.80/share ($688.80 total) which decreased their vested holdings by 0.1%. The current price is $2.71 (-3.2%). Their median sale size is $4,179.12 and this is their 15th largest sale out of 15 all time. (SEC Source)

Historic Returns
1m returns: -18% weighted | -5% median | 50% win rate (7/14)
3m returns: -20% weighted | -14% median | 38% win rate (5/13)
6m returns: -31% weighted | -47% median | 25% win rate (3/12)
1y returns: -60% weighted | -66% median | 20% win rate (2/10)  

Note: 2 other insiders also sold the stock

Director at Verastem, Inc. ($VSTM)

The Director sold 287 shares at $2.80/share ($803.60 total) which decreased their vested holdings by 0.8%. The current price is $2.71 (-3.2%). Their median sale size is $12,972.20 and this is their 24th largest sale out of 24 all time. (SEC Source)

Historic Returns
1m returns: 7% weighted | 2% median | 57% win rate (13/23)
3m returns: -17% weighted | -15% median | 26% win rate (6/23)
6m returns: -35% weighted | -43% median | 18% win rate (4/22)
1y returns: -55% weighted | -61% median | 11% win rate (2/18)  

Note: 2 other insiders also sold the stock

Director at First Western Financial Inc ($MYFW)

The Director sold 5,500 shares at $19.53/share ($107K total) which decreased their vested holdings by 7.1%. The current price is $19.58 (+0.3%). Their median sale size is $107K and this is their 4th largest sale out of 7 all time. (SEC Source)

Historic Returns
1m returns: 7% weighted | 2% median | 57% win rate (13/23)
3m returns: -17% weighted | -15% median | 26% win rate (6/23)
6m returns: -35% weighted | -43% median | 18% win rate (4/22)
1y returns: -55% weighted | -61% median | 11% win rate (2/18)


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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