InsiderEdge™ – Top Sales and Top Purchases – April 22, 2024

Top Purchases

The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.

CEO and President at CENTRAL SECURITIES CORP ($CET)

The CEO and President purchased 400 shares at $40.41/share ($16,164.00 total) which increased their vested holdings by 0.6%. The current price is $40.11 (-0.7%). Their median purchase size is $19,105.00 and this is their 13th largest purchase out of 20 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 4% median | 84% win rate (16/19)
3m returns: 10% weighted | 9% median | 83% win rate (15/18)
6m returns:  15% weighted | 14% median | 81% win rate (13/16)
1y returns: 33% weighted | 31% median | 94% win rate (15/16)


Top Sales

The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.

Director at ARGAN INC ($AGX)

The Director sold 13,333 shares at $60.17/share ($802K total) which decreased their vested holdings by 11.2%. The current price is $61.92 (+2.9%). Their median sale size is $802K and this is their 2nd largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -4% weighted | -4% median | 0% win rate (0/2)
3m returns: -14% weighted | -14% median | 0% win rate (0/2)
6m returns:  -16% weighted | -16% median | 0% win rate (0/2)
1y returns: -27% weighted | -27% median | 0% win rate (0/2)  

Note: 2 other insiders also sold the stock

10% Owner at Mission Produce, Inc. ($AVO)

The 10% Owner sold 198,797 shares at $11.51/share ($2.29M total) which decreased their vested holdings by 2.2%. The current price is $11.54 (+0.2%). Their median sale size is $1.55M and this is their 7th largest sale out of 16 all time. (SEC Source)

Historic Returns
1m returns: -0% weighted | -4% median | 27% win rate (3/11)
3m returns: -8% weighted | -11% median | 25% win rate (2/8)
6m returns:  -20% weighted | -16% median | 0% win rate (0/8)
1y returns: -31% weighted | -34% median | 0% win rate (0/6) 

Chief Risk Officer at MORGAN STANLEY ($MS)

The Chief Risk Officer sold 11,200 shares at $90.09/share ($1.01M total) which decreased their vested holdings by 7.9%. The current price is $90.66 (+0.6%). Their median sale size is $763K and this is their 1st largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -10% weighted | -10% median | 0% win rate (0/1)
3m returns:  -22% weighted | -22% median | 0% win rate (0/1)
6m returns:  -10% weighted | -10% median | 0% win rate (0/1)
1y returns: N/A 

Note:  1 other insiders also sold the stock


Disclaimer: The content provided by InsiderEdge™ is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any securities. The historical performance noted in this post is not is not indicative of future results. Investing involves risk, including the potential loss of principal. Use the platform at your own risk and consult a financial advisor before making any investment decisions. In partnership with Yellowbrick Investing Inc.

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