Enviva Inc– We ranked this stock +1 in June based on insider buying around $58-60 per share (see analyst note below). There was a large cluster of insider buying in mid-October when the stock dropped to the low $50’s after short-seller Blue Orca published a negative report on the company. The recent activity is below, […]
Veris Residential Inc – (VRE, +N, October 13th) Mahbod Nia (CEO since 2021, joined in 2020) purchased $996,000 of stock at $11.51 on October 11th, increasing his holding by 39%. This is a notable size for a first purchase especially since he had already met the CEO’s ownership requirement before this trade. He did not […]
Berkshire Hathaway Inc – (BRKB, +N, October 4th) Greg Abel (Vice Chairman of Non-Insurance Operations since 2018)purchased $68 million worth of A shares on September 29th at an average price of $406,730. This is his first open market purchase in the shares. In June 2022 Abel received $870 million after selling his stake in BHE […]
Adobe Inc – (ADBE, +N, September 28th) David Ricks (Non Executive since 2018) purchased $337,000 of stock on the 27th September at $280.56, increasing his holding by 30%. His only previous trades in the company were both for less than $20,000. He is the Chair and CEO of Eli Lilly and the absolute cost of […]
