InsiderEdge™ – Top Sales and Top Purchases – September 25, 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 Townsquare Media, Inc. ($TSQ)

The Director purchased 50,000 shares at $10.41/share ($520K total) which increased their vested holdings by 56.9%. The current price is $10.29 (-1.2%). Their median purchase size is $149K and this is their 1st largest purchase out of 3 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)

Director at ALLIANCEBERNSTEIN HOLDING L.P. ($AB)

The Director purchased 500,000 shares at $34.18/share ($17.09M total) which increased their vested holdings by 12.5%. The current price is $34.90 (+2.1%). Their median purchase size is $11.72M and this is their 2nd largest purchase out of 4 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)

Chairman & CEO at NewtekOne, Inc. ($NEWT)

The Chairman & CEO purchased 40,134 shares at $11.75/share ($472K total) which increased their vested holdings by 3.5%. The current price is $12.11 (+3.1%). Their median purchase size is $16,419.50 and this is their 1st largest purchase out of 70 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)


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 SURF AIR MOBILITY INC. ($SRFM)

The 10% Owner sold 10,300 shares at $1.21/share ($12,471.03 total) which decreased their vested holdings by 0.7%. The current price is $1.18 (-2.5%). Their median sale size is $12,674.30 and this is their 15th largest sale out of 27 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)

Director at AdaptHealth Corp. ($AHCO)

The Director sold 25,000 shares at $11.24/share ($281K total) which decreased their vested holdings by 10.5%. The current price is $10.61 (-5.6%). Their median sale size is $1.15M and this is their 5th largest sale out of 5 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)

President & COO at LIGAND PHARMACEUTICALS INC ($LGND)

The President & COO sold 16,047 shares at $102.35/share ($1.64M total) which decreased their vested holdings by 14.7%. The current price is $99.54 (-2.7%). Their median sale size is $1.72M and this is their 4th largest sale out of 6 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)  

Note: 1 other insiders also sold the stock

Director at NUSCALE POWER Corp ($SMR)

The Director sold 144,627 shares at $10.90/share ($1.58M total) which decreased their vested holdings by 91.1%. The current price is $11.95 (+9.6%). Their median sale size is $198K and this is their 1st largest sale out of 9 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)

EVP & Chief Operating Officer at ENTERGY CORP /DE/ ($ETR)

The EVP & Chief Operating Officer sold 7,922 shares at $130.00/share ($1.03M total) which decreased their vested holdings by 16.9%. The current price is $130.03 (+0.0%). Their median sale size is $924K and this is their 3rd largest sale out of 8 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | -2% median | 50% win rate (1/2)
3m returns: 9% weighted | 6% median | 50% win rate (1/2)
6m returns: 36% weighted | 25% median | 50% win rate (1/2)
1y returns: 32% weighted | 32% median | 100% win rate (1/1)


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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