Walgreens Boots Alliance Inc (WBA US, -N, 19-Jan-24) Nancy Schlicting (Director since 2006) sold 15,209 shares on January 16th at $23.05, reducing her stock holdings to zero. In addition, she does own 71,251 DSUs so still has meaningful ownership. Her last sale was of a similar size in November 2022 at $40, which proved timely and was the reason […]
Caseys General Stores Inc (CASY US, +N, 08-Jan-24) Michael Spanos (Non-Executive since 2022) purchased $200,000 of stock on the 3rd of January at $275.43, increasing his holding by 68%. This is his second purchase since joining, his first was for $100,000 at $220.45 in September 2022 and it’s notable to see him buying in twice the size […]
Lovesac Co (LOVE US, +1, 02-Jan-24) Andrew Heyer (Chair since 2017) purchased $237,000 of stock on the 27th of December at $26, increasing his stake by 3%. Whilst a modest purchase relative to his holding and historical sales, he has been a rare buyer with an excellent record with well-timed purchases at $14.29 in Dec 2019 and $12.81 […]
AMC Networks Inc (-1, AMCX US, December 26th) Matthew Blank (Director since 2022; Interim CEO from Sept. 2021 to Sept. 2022) sold 50,000 shares on December 22nd, reducing his stock holdings to zero. While he still likely has some options and RSU holdings, they appear modest. Blank was interim CEO for a year and likely […]
Chipotle Mexican Grill Inc (CMG US, +1, 18-Dec-23) Gregg Engles (Non-Executive since 2020) purchased $2m of stock on the 15th of December at $2,284.81, increasing his holding by 83%. He timed his previous two buys perfectly, spending $198,000 at $1,321.83 in March 2022 and $381,000 at $1,270.51 in May 2022 and it’s very encouraging to […]
Terex Corp (+1, TEX US, December 14th) David Sachs (Director since 1992) purchased 50,000 shares on December 11th at $51, spending $2.6m and increasing his holdings by 12% to 464,287 shares. This is his largest single purchase in the shares and a complete reversal from a timely $2.4m sale in February 2023 at $57.53. We ranked this stock +1 […]
Live Oak Bancshares Inc (-1, LOB US, December 8th) Steve Smits (Chief Credit Officer since 2015) sold 25,000 shares on December 7th at $35.87, reducing his holdings by -15% to 146,000 shares. This is his first sale since March 2022 and largest since November 2021, both of which were at significantly higher prices ($63 and $94, respectively). […]
CRH (+1, CRH US, November 28th) Richard Fearon (Director since Dec. 2020) purchased 10,000 shares on November 22nd at US$61.37, spending $614,000 and increasing his estimated holdings by 33% to 40,000 shares. This is his third purchase in the shares this year, his fourth since joining. His prior buys in 2023 were $254,000 in March at […]
Emerson Electric (+1, EMR US, November 15th) William Easter (Director since 2020) purchased $246,000 worth of stock on November 8th at $84.79 in his first purchase since joining the board three years ago. We ranked this stock +N yesterday based on a combined $1 million of purchases from three directors, James McKelvey (Director since 2023; co-founder Block Inc.), Joshua Bolten (Director since 2012), and Arthur […]
Air Products & Chemicals Inc (+1, APD US, November 14th) Siefi Ghasemi (Chair and CEO since 2013) purchased 10,000 shares on November 8th at $252, then another 11,000 shares on November 13th at $264. These purchases add up to $5.4 million and are his first purchases since July 2019 at $227. He has purchased shares on 11 prior occasions, […]
