InsiderEdge™ – Top Sales and Top Purchases – February 6, 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 Super Micro Computer, Inc. ($SMCI)

The Director purchased 2,000 shares at $568.00/share ($1.14M total) which increased their holdings by 4.9%. The current price is $663.35 (+16.8%). Their median purchase size is $329K and this is their 1st largest purchase out of 8 all time. (SEC Source)

Historic Returns
1m returns: 20% weighted | 13% median | 71% win rate (5/7)
3m returns: 27% weighted | 11% median | 86% win rate (6/7)
6m returns: 112% weighted | 96% median | 100% win rate (6/6)
1y returns: 240% weighted | 242% median | 100% win rate (3/3)

Note: Pretty crazy to see a director buying $1M in stock after the stock is up 100% in one month

Director at Bancorp, Inc. ($TBBK)

The Director purchased 9,880 shares at $42.58/share ($421K total) which increased their holdings by 5.0%. The current price is $42.37 (-0.5%). Their median purchase size is $90,025.00 and this is their 3rd largest purchase out of 15 all time. (SEC Source)

Historic Returns
1m returns: 5% weighted | 3% median | 69% win rate (9/13)
3m returns: 13% weighted | 13% median | 90% win rate (9/10)
6m returns: 18% weighted | 16% median | 89% win rate (8/9)
1y returns: 63% weighted | 36% median | 75% win rate (3/4)

Note: Second purchase in February

10% Owner at Epsilon Energy Ltd. ($EPSN)

The 10% Owner purchased 178,879 shares at $4.90/share ($877K total) which increased their holdings by 5.0%. The current price is $4.79 (-2.2%). Their median purchase size is $32,725.60 and this is their 4th largest purchase out of 34 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 1% median | 64% win rate (21/33)
3m returns: 8% weighted | 0% median | 55% win rate (18/33)
6m returns: 13% weighted | 4% median | 58% win rate (19/33)
1y returns: 40% weighted | 9% median | 90% win rate (28/31)

Director at WOLFSPEED, INC. ($WOLF)

The Director purchased 10,000 shares at $26.04/share ($260K total) which increased their holdings by 11.5%. The current price is $25.28 (-2.9%). Their median purchase size is $114K and this is their 3rd largest purchase out of 14 all time. (SEC Source)

Historic Returns
1m returns: 0% weighted | 7% median | 69% win rate (9/13)
3m returns: 32% weighted | 24% median | 85% win rate (11/13)
6m returns: 6% weighted | 6% median | 54% win rate (7/13)
1y returns: 1% weighted | -7% median | 33% win rate (3/9)Note: 3 insiders at Wolfspeed bought the stock


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 SCHWAB CHARLES CORP ($SCHW)

The Director sold 7,587 shares at $62.25/share ($472K total) which decreased their holdings by 3.4%. The current price is $62.37 (+0.2%). Their median sale size is $606K and this is their 2nd largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -31% weighted | -31% median | 0% win rate (0/1)
3m returns: -36% weighted | -36% median | 0% win rate (0/1)
6m returns: -25% weighted | -25% median | 0% win rate (0/1)
1y returns: N/A

Note: Selling stock options that became exercisable in 2017

Senior Vice President at GENERAL ELECTRIC CO ($GE)

The Senior Vice President sold 13,601 shares at $135.55/share ($1.84M total) which decreased their holdings by 22.0%. The current price is $137.71 (+1.6%). Their median sale size is $5.59M and this is their 6th largest sale out of 8 all time. (SEC Source)

Historic Returns
1m returns: -9% weighted | -17% median | 14% win rate (1/7)
3m returns: -10% weighted | -14% median | 17% win rate (1/6)
6m returns: -3% weighted | -12% median | 33% win rate (2/6)
1y returns: -19% weighted | -16% median | 25% win rate (1/4)

Vice Chairman at TRAVELERS COMPANIES, INC. ($TRV)

The Vice Chairman sold 4,500 shares at $215.06/share ($968K total) which decreased their holdings by 1.7%. The current price is $213.08 (-0.9%). Their median sale size is $736K and this is their 36th largest sale out of 91 all time. (SEC Source)

Historic Returns
1m returns: -11% weighted | -12% median | 3% win rate (3/87)
3m returns: -12% weighted | -12% median | 9% win rate (8/86)
6m returns: -10% weighted | -10% median | 10% win rate (9/86)
1y returns: -8% weighted | -8% median | 23% win rate (20/86)

Group Pres., Enterprise Serv. at AMERICAN EXPRESS CO ($AXP)

The Group Pres., Enterprise Serv. sold 72,026 shares at $202.04/share ($14.55M total) which decreased their holdings by 47.5%. The current price is $205.94 (+1.9%). Their median sale size is $6.59M and this is their 2nd largest sale out of 6 all time. (SEC Source)

Historic Returns
1m returns: -12% weighted | -8% median | 0% win rate (0/5)
3m returns: -11% weighted | -2% median | 40% win rate (2/5)
6m returns: -12% weighted | -3% median | 40% win rate (2/5)
1y returns: -4% weighted | 1% median | 60% win rate (3/5)


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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