InsiderEdge™ – Top Sales and Top Purchases – April 26, 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.

Director at Biohaven Ltd. ($BHVN)

The Director purchased 25,503 shares at $39.18/share ($999K total) which increased their vested holdings by 1.6%. The current price is $38.54 (-1.6%). Their median purchase size is $2.00M and this is their 5th largest purchase out of 7 all time. (SEC Source)

Historic Returns
1m returns: 8% weighted | 16% median | 100% win rate (5/5)
3m returns: 32% weighted | 38% median | 100% win rate (4/4)
6m returns: 35% weighted | 35% median | 100% win rate (4/4)
1y returns: 66% weighted | 71% median | 100% win rate (3/3) 


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.

10% Owner at GALECTIN THERAPEUTICS INC ($GALT)

The 10% Owner sold 25,000 shares at $3.06/share ($76,500.00 total) which decreased their vested holdings by 0.4%. The current price is $3.50 (+14.4%). Their median sale size is $647K and this is their 6th largest sale out of 7 all time. (SEC Source)

Historic Returns
1m returns: -16% weighted | -11% median | 33% win rate (2/6)
3m returns: -25% weighted | -17% median | 17% win rate (1/6)
6m returns: -25% weighted | -29% median | 0% win rate (0/6)
1y returns: -34% weighted | -33% median | 17% win rate (1/6) 

Note: 1 other insiders also sold the stock

Director at PRIMEENERGY RESOURCES CORP ($PNRG)

The Director sold 874 shares at $100.00/share ($87,400.00 total) which decreased their vested holdings by 0.6%. The current price is $102.47 (+2.5%). Their median sale size is $164K and this is their 18th largest sale out of 25 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | -0% median | 45% win rate (10/22)
3m returns: -16% weighted | -6% median | 45% win rate (10/22)
6m returns: -17% weighted | -10% median | 36% win rate (8/22)
1y returns: -38% weighted | -56% median | 29% win rate (5/17)


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.

Related Posts
BBAE Blueprint

First Deposit at BBAE? Up to $400 Bonus!

Tailored insights, powerful tools. Automatic bonus at signup.
Get Started with BBAE Now!