InsiderEdge™ – Top Sales and Top Purchases – January 24, 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.
10% Owner at NEXTNAV INC. ($NN)
The 10% Owner purchased 300,000 shares at $3.91/share ($1.17M total) which increased their holdings by 2.6%. The current price is $3.85 (-1.5%). Their average purchase size is 1.21M and this is their 3rd largest purchase out of 4 all time. (SEC Source)
Historical Returns
1m returns: 112% weighted | 59% median | 100% win rate (2/2)
3m returns: 132% weighted | 252% median | 100% win rate (2/2)
6m returns: 483% weighted | 607% median | 100% win rate (2/2)
1y returns: 324% weighted | 575% median | 100% win rate (2/2)
Top Sales
The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.
Director at FASTENAL CO ($FAST)
The Director sold 8,474 shares at $68.46/share ($580K total) which decreased their holdings by 25.3%. The current price is $69.51 (+1.5%). Their average sale size is $421K and this is their 1st largest sale out of 4 all time. (SEC Source)
Historical Returns
1m returns: -17% weighted | -17% median | 0% win rate (0/3)
3m returns: -20% weighted | -17% median | 0% win rate (0/3)
6m returns: -20% weighted | -24% median | 0% win rate (0/3)
1y returns: -18% weighted | -19% median | 0% win rate (0/3)
10% Owner at Hyzon Motors Inc. ($HYZN)
The 10% Owner sold 2,360,000 shares at $0.60/share ($1.41M total) which decreased their holdings by 2.4%. The current price is $0.61 (+2.1%). Their average sale size is $1.4M and this is their 2nd largest sale out of 3 all time. (SEC Source)
Historic Returns
1m returns: 27% weighted | 27% median | 100% win rate (1/1)
3m returns: -53% weighted | -53% median | 0% win rate (0/1)
6m returns: -48% weighted | -48% median | 0% win rate (0/1)
1y returns: -48% weighted | -48% median | 0% win rate (0/1)
VP at SONO TEK CORP ($SOTK)
The VP sold 15,351 shares at $5.81/share ($89,228.15 total) which decreased their holdings by 18.9%. The current price is $5.66 (-2.6%). Their average sale size is $14,760 and this is their 1st largest sale out of 6 all time. (SEC Source)
Historical Returns
1m returns: -36% weighted | -36% median | 0% win rate (0/1)
3m returns: -23% weighted | -23% median | 0% win rate (0/1)
6m returns: -11% weighted | -11% median | 0% win rate (0/1)
1y returns: -10% weighted | -4% median | 50% win rate (1/2)
President-Hancock Whitney Bank at HANCOCK WHITNEY CORP ($HWC)
The President-Hancock Whitney Bank sold 13,936 shares at $46.61/share ($650K total) which decreased their holdings by 31.6%. The current price is $46.67 (+0.1%). Their average sale size is $177K and this is their 1st largest sale out of 14 all time. (SEC Source)
Historical Returns
1m returns: -11% weighted | -14% median | 0% win rate (0/13)
3m returns: -16% weighted | -15% median | 8% win rate (1/13)
6m returns: -20% weighted | -20% median | 15% win rate (2/13)
1y returns: -15% weighted | -32% median | 8% win rate (1/13)
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