InsiderEdge™ – Top Sales and Top Purchases – March 08, 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 Paysign, Inc. ($PAYS)

The 10% Owner purchased 181,701 shares at $2.93/share ($533K total) which increased their vested holdings by 3.2%. The current price is $3.05 (+3.9%). Their median purchase size is $294K and this is their 3rd largest purchase out of 12 all time. (SEC Source)

Historic Returns
1m returns:
 21% weighted | 2% median | 67% win rate (6/9)
3m returns: 121% weighted | 196% median | 100% win rate (6/6)
6m returns: 119% weighted | 88% median | 100% win rate (7/7)
1y returns: 80% weighted | 166% median | 83% win rate (5/6)  

Note: 1 other insiders also purchased the stock

President and CEO at CHARLES & COLVARD LTD ($CTHR)

The President and CEO purchased 15,000 shares at $0.37/share ($5,550.00 total) which increased their vested holdings by 2.1%. The current price is $0.38 (+1.9%). Their median purchase size is $7,586.96 and this is their 11th largest purchase out of 17 all time. (SEC Source)

Historic Returns
1m returns: 5% weighted | 3% median | 71% win rate (10/14)
3m returns: 17% weighted | 20% median | 54% win rate (7/13)
6m returns: 126% weighted | 57% median | 73% win rate (8/11)
1y returns: 94% weighted | 17% median | 55% win rate (6/11)

CEO at BEXIL INVESTMENT TRUST ($BXSY)

The CEO purchased 4,583 shares at $12.53/share ($57,440.11 total) which increased their vested holdings by 9.9%. The current price is $12.65 (+0.9%). Their median purchase size is $41,033.50 and this is their 4th largest purchase out of 10 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 5% median | 67% win rate (4/6)
3m returns: 17% weighted | 14% median | 100% win rate (5/5)
6m returns: 38% weighted | 27% median | 100% win rate (2/2)
1y returns: 51% weighted | 21% median | 50% win rate (1/2)

Note: 3rd purchase this week


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.

Chief Financial Officer at WEX Inc. ($WEX)

The Chief Financial Officer sold 1,725 shares at $221.07/share ($381K total) which decreased their vested holdings by 49.5%. The current price is $229.09 (+3.6%). Their median sale size is $126K and this is their 1st largest sale out of 7 all time. (SEC Source)

Historic Returns
1m returns: -7% weighted | -7% median | 0% win rate (0/6)
3m returns: -30% weighted | -28% median | 0% win rate (0/6)
6m returns: -45% weighted | -42% median | 0% win rate (0/6)
1y returns: -46% weighted | -43% median | 0% win rate (0/6)

Director at LIGAND PHARMACEUTICALS INC ($LGND)

The Director sold 1,893 shares at $74.30/share ($141K total) which decreased their vested holdings by 6.1%. The current price is $72.47 (-2.5%). Their median sale size is $386K and this is their 5th largest sale out of 7 all time. (SEC Source)

Historic Returns
1m returns: -12% weighted | -4% median | 17% win rate (1/6)
3m returns: -31% weighted | -2% median | 50% win rate (3/6)
6m returns: -40% weighted | -20% median | 33% win rate (2/6)
1y returns: -42% weighted | -36% median | 20% win rate (1/5)

10% Owner at Inspirato Inc ($ISPO)

The 10% Owner sold 14,990 shares at $4.73/share ($70,968.51 total) which decreased their vested holdings by 3.3%. The current price is $4.53 (-4.3%). Their median sale size is $68,414.80 and this is their 6th largest sale out of 13 all time. (SEC Source)

Historic Returns
1m returns: -4% weighted | -7% median | 45% win rate (5/11)
3m returns: -32% weighted | -30% median | 0% win rate (0/11)
6m returns: -79% weighted | -80% median | 0% win rate (0/11)
1y returns: N/A

10% Owner at SkyWater Technology, Inc ($SKYT)

The 10% Owner sold 430,000 shares at $12.05/share ($5.18M total) which decreased their vested holdings by 2.3%. The current price is $12.19 (+1.1%). Their median sale size is $3.95M and this is their 4th largest sale out of 12 all time. (SEC Source)

Historic Returns
1m returns: -15% weighted | -17% median | 20% win rate (2/10)
3m returns: -17% weighted | -19% median | 22% win rate (2/9)
6m returns: -38% weighted | -14% median | 44% win rate (4/9)
1y returns: -24% weighted | -22% median | 0% win rate (0/6)

Director at ASSOCIATED BANC-CORP ($ASB)

The Director sold 5,499 shares at $21.28/share ($117K total) which decreased their vested holdings by 8.2%. The current price is $21.12 (-0.8%). Their median sale size is $117K and this is their 1st largest sale out of 5 all time. (SEC Source)

Historic Returns
1m returns: -13% weighted | -11% median | 0% win rate (0/4)
3m returns: -17% weighted | -11% median | 0% win rate (0/4)
6m returns: -14% weighted | -12% median | 0% win rate (0/4)
1y returns: -19% weighted | -11% median | 0% win rate (0/4)


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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