Estee Lauder Companies Inc (EL US, +1, 18-Nov-24) Paul Fribourg (Director since 2006) purchased 157,000 shares on November 14th at $63.98, spending $10 million. This is his first purchase despite being on the board for 8 years. The purchase is indirect for Continental Grain where Fribourg is Chair and CEO, and their first purchase in the shares. Akhil […]
WK Kellog Co (KLG US, +1, 15-Nov-24) Zachary Gund (Lead Director since 2023) purchased $3.45 million worth of stock on November 14th at $17.67, increasing his holding by 49% to 592,000 shares. It’s encouraging to see him buying now. This is a large confident purchase and his first since the company was spun out from Kellogg in 2023 (now […]
The US Sell/Buy ratio of Insiders trading in November 2024 is the highest level seen in the last decade. Whilst partly a function of strong market performance, this is nevertheless a bearish signal. Our analysts are also downgrading an unusually large number of stocks. This high Sell/Buy ratio is a result of both unusually high […]
Columbus Mckinnon Corp (CMCO US, +1, 05-Nov-24) David Wilson (Chief Executive Officer since 2020) purchased US$ 1 million worth of stock on November 1st at $32.02, increasing his holding by 24%. This is his first purchase despite a reasonable term with the company. It’s interesting to see him buying now in size. There is no requirement to buy stock to […]
Winnebago Industries Inc (WGO US, +1, 30-Oct-24) Michael Happe (CEO since 2016) purchased 2,500 shares on October 29th at $55.52, spending $139,000. This is his third purchase, increasing his holdings by 14% to 286,000 shares. His prior two purchases, $102,000 in March 2019 at $29 and $112,000 in April 2020 at $37, were well-timed. We ranked this stock […]