InsiderEdge™ – Top Sales and Top Purchases – March 04, 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 & CEO at Western Midstream Partners, LP ($WES)

The President & CEO purchased 5,000 shares at $33.65/share ($168K total) which increased their vested holdings by 0.4%. The current price is $34.33 (+2.0%). Their median purchase size is $111K and this is their 1st largest purchase out of 2 all time. (SEC Source)

Historic Returns
1m returns: 3% weighted | 3% median | 100% win rate (1/1)
3m returns: 130% weighted | 130% median | 100% win rate (1/1)
6m returns: 60% weighted | 60% median | 100% win rate (1/1)
1y returns: 269% weighted | 269% median | 100% win rate (1/1)

CEO at BEXIL INVESTMENT TRUST ($BXSY)

The CEO purchased 6,530 shares at $12.70/share ($82,927.08 total) which increased their vested holdings by 19.9%. The current price is $12.70 (+0.0%). Their median purchase size is $23,011.20 and this is their 1st largest purchase out of 8 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 5% median | 67% win rate (4/6)
3m returns: 17% weighted | 14% median | 100% win rate (5/5)
6m returns: 38% weighted | 27% median | 100% win rate (2/2)
1y returns: 51% weighted | 21% median | 50% win rate (1/2)


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.

President & CFO at Sun Country Airlines Holdings, Inc. ($SNCY)

The President & CFO sold 1,923 shares at $16.25/share ($31,247.79 total) which decreased their vested holdings by 4.1%. The current price is $15.00 (-7.7%). Their median sale size is $31,247.80 and this is their 7th largest sale out of 13 all time. (SEC Source)

Historic Returns
1m returns: -11% weighted | -7% median | 33% win rate (4/12)
3m returns: -22% weighted | -7% median | 40% win rate (4/10)
6m returns: -31% weighted | -25% median | 25% win rate (2/8)
1y returns: -57% weighted | -31% median | 20% win rate (1/5) 

Director at JELD-WEN Holding, Inc. ($JELD)

The Director sold 50,150 shares at $26.95/share ($1.35M total) which decreased their vested holdings by 13.6%. The current price is $18.43 (-31.6%). Their median sale size is $1.16M and this is their 2nd largest sale out of 4 all time. (SEC Source)

Historic Returns
1m returns: -2% weighted | -6% median | 33% win rate (1/3)
3m returns: -11% weighted | -10% median | 0% win rate (0/3)
6m returns: -35% weighted | -34% median | 0% win rate (0/3)
1y returns: -58% weighted | -61% median | 0% win rate (0/3)

Chief Executive Officer at Hims & Hers Health, Inc. ($HIMS)

The Chief Executive Officer sold 577,007 shares at $12.96/share ($7.48M total) which decreased their vested holdings by 15.5%. The current price is $13.12 (+1.2%). Their median sale size is $496K and this is their 1st largest sale out of 13 all time. (SEC Source)

Historic Returns
1m returns: -5% weighted | -9% median | 18% win rate (2/11)
3m returns: -25% weighted | -25% median | 0% win rate (0/8)
6m returns: -34% weighted | -6% median | 0% win rate (0/8)
1y returns: -37% weighted | -18% median | 50% win rate (1/2)

Note: 3 other insiders also sold the stock and it was part of a 10b5-1 plan


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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