InsiderEdge™ – Top Sales and Top Purchases – February 20, 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.

10% Owner at EMCORE CORP ($EMKR)

The 10% Owner purchased 4,851,570 shares at $0.36/share ($1.75M total) which increased their vested holdings by 63.0%. The current price is $0.44 (+21.5%). Their median purchase size is $1.08M and this is their 2nd largest purchase out of 4 all time. (SEC Source)

Historic Returns
1m returns: -7% weighted | 29% median | 67% win rate (2/3)
3m returns: 36% weighted | 49% median | 67% win rate (2/3)
6m returns: 829% weighted | 829% median | 100% win rate (1/1)
1y returns: 254% weighted | 254% median | 100% win rate (1/1)


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.

Chief Human Resources at CoreCivic, Inc. ($CXW)

The Chief Human Resources sold 30,000 shares at $14.25/share ($428K total) which decreased their vested holdings by 10.9%. The current price is $14.60 (+2.4%). Their median sale size is $254K and this is their 1st largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -37% weighted | -37% median | 0% win rate (0/1)
3m returns: -32% weighted | -32% median | 0% win rate (0/1)
6m returns: -46% weighted | -46% median | 0% win rate (0/1)
1y returns: -54% weighted | -54% median | 0% win rate (0/1)

Director at EMERSON ELECTRIC CO ($EMR)

The Director sold 1,933 shares at $105.58/share ($204K total) which decreased their vested holdings by 7.2%. The current price is $106.15 (+0.5%). Their median sale size is $940K and this is their 3rd largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -23% weighted | -20% median | 0% win rate (0/2)
3m returns: -26% weighted | -17% median | 0% win rate (0/2)
6m returns: -27% weighted | -26% median | 0% win rate (0/2)
1y returns: -39% weighted | -37% median | 0% win rate (0/2)

EVP and CHRO at TEXTRON INC ($TXT)

The EVP and CHRO sold 12,736 shares at $86.66/share ($1.10M total) which decreased their vested holdings by 21.7%. The current price is $85.69 (-1.1%). Their median sale size is $775K and this is their 1st largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: 1% weighted | 1% median | 100% win rate (1/1)
3m returns: -22% weighted | -22% median | 0% win rate (0/1)
6m returns: -23% weighted | -23% median | 0% win rate (0/1)
1y returns: -31% weighted | -31% median | 0% win rate (0/1)


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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