InsiderEdge™ – Top Sales and Top Purchases – June 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.

CHIEF EXECUTIVE OFFICER at Veris Residential, Inc. ($VRE)

The CHIEF EXECUTIVE OFFICER purchased 35,000 shares at $14.32/share ($501K total) which increased their vested holdings by 5.6%. The current price is $14.48 (+1.1%). Their median purchase size is $749K and this is their 2nd largest purchase out of 2 all time. (SEC Source)

Historic Returns
1m returns: 37% weighted | 37% median | 100% win rate (1/1)
3m returns: 51% weighted | 51% median | 100% win rate (1/1)
6m returns: 44% weighted | 44% median | 100% win rate (1/1)
1y returns: 46% weighted | 46% median | 100% win rate (1/1)

Note: 1 other insiders also purchased 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.

10% Owner at SILVERBOW RESOURCES, INC. ($SBOW)

The 10% Owner sold 2,100,000 shares at $37.00/share ($77.70M total) which decreased their vested holdings by 64.0%. The current price is $37.45 (+1.2%). Their median sale size is $232.40M and this is their 3rd largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -15% weighted | -9% median | 50% win rate (1/2)
3m returns: -13% weighted | -9% median | 50% win rate (1/2)
6m returns: -20% weighted | -18% median | 0% win rate (0/2)
1y returns: -43% weighted | -43% median | 0% win rate (0/1)

Director at Day One Biopharmaceuticals, Inc. ($DAWN)

The Director sold 10,000 shares at $13.19/share ($132K total) which decreased their vested holdings by 19.8%. The current price is $13.68 (+3.7%). Their median sale size is $132K and this is their 7th largest sale out of 13 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | 2% median | 56% win rate (5/9)
3m returns: -14% weighted | -17% median | 33% win rate (3/9)
6m returns: -26% weighted | -21% median | 22% win rate (2/9)
1y returns: -46% weighted | -44% median | 11% win rate (1/9)

Chief Executive Officer at Lovesac Co ($LOVE)

The Chief Executive Officer sold 23,861 shares at $23.29/share ($556K total) which decreased their vested holdings by 10.1%. The current price is $23.26 (-0.1%). Their median sale size is $346K and this is their 1st largest sale out of 11 all time. (SEC Source)

Historic Returns
1m returns: -3% weighted | -3% median | 50% win rate (5/10)
3m returns: -10% weighted | -13% median | 40% win rate (4/10)
6m returns: -14% weighted | -16% median | 22% win rate (2/9)
1y returns: -24% weighted | -25% median | 12% win rate (1/8)


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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