Highpeak Energy Inc (HPK, +1, November 23rd) Michael Hollis (President and Director since 2020) after purchasing $1 million worth of stock at $21.61 on private placements in August and September, and has continued to add to his holdings. He has made three additional purchases, all in the open market, spending $71,000 in September and recently […]
Element Solutions Inc – (ESI, +1, November 16th) Sir Martin Franklin (Executive Chair since 2019, founder) purchased 902,000 shares, spending $17.2 million on the 15th of November at $19.07, increasing his stake to over 15 million shares. This latest purchase is going into a charitable foundation. His last purchase was in October 2020 at $11.50 […]
WillScot Mobile Mini Holdings Corp (WSC, +1, Nov 8) Bradley Soultz (CEO since 2017, joined 2014) purchased 5,000 shares on November 7th at $46.88, spending $234,000 and increasing his holdings to 431,683 shares. Despite joining the company in 2014, this is just his third purchase and trade in the stock. His previous buys were in […]
Biohaven Ltd – (BHVN, +1, November 1st) We ranked this stock +N on October 7th based on purchases of $5 million from Vladimir Coric (CEO since 2022) at $10.31, and $2.5 million from John Childs (Director since 2022) at $8.98. This entity was spun-out of Pfizer in July 2022 after Pfizer purchased Biohaven Pharmaceutical Holdings […]
Fifth Third Bancorp Inc – (FITB, +1, October 25th) James Leonard (CFO since 2020, EVP & Treasurer 2013-20) purchased $125,000 of stock on the 21st October at $32.16, increasing his holding by 3%. He has only made one previous purchase, for $101,000 at $16.00 in March 2020 which was very well timed. Timothy Spence (CEO […]
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 […]
Starbucks Corp – (SBUX, +1, September 19th) Mellody Hobson (Chairman since 2021, joined 2005) purchased $5 million of stock at $92.58 on September 15th, increasing her holding by 8%. This is her first purchase in 9 years and by far the highest price she has paid. She is the Co-CEO & President of Ariel Investments, […]