Alliance Data Systems performed strongly yesterday as a result of very positive Q1 results. The shares are now up over 50% since we positively ranked them on management buying on the 3rd February. This is what we said: John Gerspach (Non-Executive since 2020) purchased $411,000 of stock on the 1st February at $68.46, increasing his […]
Mack Cali Realty – (CLI, +N) – Akiva Katz (Non-Executive since 2020) purchased $15.5 million of stock across 3 trades in March and April at $15.20, increasing his stake by 40%. The purchases are indirect on and behalf of Bow Street LLC. Bow St took control of the board in June 2020 with the election […]
Landec Corp – (LNDC, +1) – The company reported Q3 results on April 7th, and a week later a cluster of 4 insiders made purchases. Nelson Obus (Director since 2018) purchased $2.4 million worth of shares, indirect for Wynnefield Captial, taking his holdings to 3.1m shares (10% of the company). This is his largest open […]
William Penn Bancorporation – (WMPN, +1) – Four insiders have purchased shares in the past few days in this 150-year-old community bank, just after the bank completed a second-step conversion offering on March 24th at $10 per share. On the offering, seven directors and the CEO purchased a total of 83,124 shares at $10. After […]
Rent A Center Inc – (RCII, +1) – Jeffrey Brown (Chairman since 2019, joined 2017) purchased US$1.5 million worth of stock on February 26th at $55.56, more than doubling his holdings to 47,765 shares. Brown’s only other purchase in this stock was 1/3 this size in May 2020 at $23 and proved timely. He has […]