InsiderEdge™ – Top Sales and Top Purchases – February 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.

President and CEO at CHARLES & COLVARD LTD ($CTHR)

The President and CEO purchased 30,000 shares at $0.34/share ($10,164.00 total) which increased their vested holdings by 4.5%. The current price is $0.35 (+3.7%). Their median purchase size is $7,925.00 and this is their 7th largest purchase out of 15 all time. (SEC Source)

Historic Returns
1m returns: 5% weighted | 3% median | 71% win rate (10/14)
3m returns: 23% weighted | 26% median | 58% win rate (7/12)
6m returns: 126% weighted | 57% median | 73% win rate (8/11)
1y returns: 94% weighted | 17% median | 55% win rate (6/11)

Director at Meridian Corp ($MRBK)

The Director purchased 2,000 shares at $9.87/share ($19,730.00 total) which increased their vested holdings by 2.8%. The current price is $9.60 (-2.7%). Their median purchase size is $16,492.00 and this is their 5th largest purchase out of 15 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | -3% median | 36% win rate (5/14)
3m returns: 14% weighted | 5% median | 64% win rate (9/14)
6m returns: 18% weighted | 19% median | 71% win rate (10/14)
1y returns: 31% weighted | 65% median | 67% win rate (8/12)

Chairman & CEO at Meridian Corp ($MRBK)

The Chairman & CEO purchased 2,000 shares at $9.93/share ($19,860.00 total) which increased their vested holdings by 0.6%. The current price is $9.60 (-3.3%). Their median purchase size is $45,500.00 and this is their 5th largest purchase out of 7 all time. (SEC Source)

Historic Returns
1m returns: -3% weighted | 3% median | 67% win rate (4/6)
3m returns: 5% weighted | 0% median | 67% win rate (4/6)
6m returns: 7% weighted | 18% median | 83% win rate (5/6)
1y returns: 44% weighted | 59% median | 80% win rate (4/5)


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 InFinT Acquisition Corp ($IFIN)

The 10% Owner sold 105,574 shares at $11.35/share ($1.20M total) which decreased their vested holdings by 18.2%. The current price is $11.37 (+0.2%). Their median sale size is $163K and this is their 1st largest sale out of 5 all time. (SEC Source)

Historic Returns
1m returns: -0% weighted | 1% median | 67% win rate (2/3)
3m returns: 1% weighted | -25% median | 50% win rate (1/2)
6m returns: -38% weighted | -38% median | 0% win rate (0/1)
1y returns: -46% weighted | -46% median | 0% win rate (0/1)

VP, Corp. Controller, CAO at NOV Inc. ($NOV)

The VP, Corp. Controller, CAO sold 3,500 shares at $17.43/share ($60,987.50 total) which decreased their vested holdings by 3.0%. The current price is $17.23 (-1.1%). Their median sale size is $106K and this is their 3rd largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -15% weighted | -15% median | 0% win rate (0/2)
3m returns: -21% weighted | -15% median | 50% win rate (1/2)
6m returns: -16% weighted | -20% median | 0% win rate (0/2)
1y returns: -18% weighted | -18% median | 0% win rate (0/1)

EVP, GC, CORP SECRETARY & CCO at AIR LEASE CORP ($AL)

The EVP, GC, CORP SECRETARY & CCO sold 12,253 shares at $40.18/share ($492K total) which decreased their vested holdings by 14.5%. The current price is $39.97 (-0.5%). Their median sale size is $490K and this is their 1st largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | 3% median | 100% win rate (1/1)
3m returns: -3% weighted | -3% median | 0% win rate (0/1)
6m returns: -48% weighted | -48% median | 0% win rate (0/1)
1y returns: -23% weighted | -23% 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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