InsiderEdge™ – Top Sales and Top Purchases – February 8, 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.

Chairman & CEO at ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ ($ZION)

The Chairman & CEO purchased 3,600 shares at $38.99/share ($140K total) which increased their holdings by 0.3%. The current price is $39.19 (+0.5%). Their median purchase size is $483K and this is their 5th largest purchase out of 5 all time. (SEC Source)

Historic Returns
1m returns: 2% weighted | 5% median | 50% win rate (2/4)
3m returns: 15% weighted | 8% median | 50% win rate (2/4)
6m returns: 14% weighted | 12% median | 75% win rate (3/4)
1y returns: 73% weighted | 53% median | 67% win rate (2/3)

SEVP, Chief Risk Officer at ARROW FINANCIAL CORP ($AROW)

The SEVP, Chief Risk Officer purchased 1,000 shares at $23.57/share ($23,570.00 total) which increased their holdings by 11.3%. The current price is $23.87 (+1.3%). Their median purchase size is $24,490.00 and this is their 3rd largest purchase out of 3 all time. (SEC Source)

Historic Returns
1m returns: 33% weighted | 33% median | 100% win rate (2/2)
3m returns: N/A
6m returns: N/A
1y returns: N/A


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.

Senior Vice President at COMMERCE BANCSHARES INC /MO/ ($CBSH)

The Senior Vice President sold 878 shares at $50.88/share ($44,668.25 total) which decreased their holdings by 9.2%. The current price is $50.73 (-0.3%). Their median sale size is $41,561.90 and this is their 4th largest sale out of 8 all time. (SEC Source)

Historic Returns
1m returns: -19% weighted | -18% median | 0% win rate (0/7)
3m returns: -19% weighted | -16% median | 0% win rate (0/7)
6m returns: -22% weighted | -23% median | 0% win rate (0/7)
1y returns: -19% weighted | -17% median | 0% win rate (0/6)

Note: 5 other insiders also sold

10% Owner at MSP Recovery, Inc. ($LIFW)

The 10% Owner sold 200,057 shares at $0.82/share ($165K total) which decreased their holdings by 3.6%. The current price is $0.82 (-0.1%). Their median sale size is $165K and this is their 5th largest sale out of 9 all time. (SEC Source)

Historic Returns
1m returns: -49% weighted | -49% median | 0% win rate (0/1)
3m returns: N/A
6m returns: N/A
1y returns: N/A

Note: 9th sale in the last month

President at PIPER SANDLER COMPANIES ($PIPR)

The President sold 5,000 shares at $184.13/share ($921K total) which decreased their holdings by 7.4%. The current price is $180.53 (-2.0%). Their median sale size is $688K and this is their 2nd largest sale out of 8 all time. (SEC Source)

Historic Returns
1m returns: -9% weighted | -15% median | 14% win rate (1/7)
3m returns: -6% weighted | -20% median | 20% win rate (1/5)
6m returns: -20% weighted | -27% median | 0% win rate (0/5)
1y returns: -12% weighted | -11% median | 0% win rate (0/5)


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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