InsiderEdge™ – Top Sales and Top Purchases – March 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 & CEO at Journey Medical Corp ($DERM)

The President & CEO purchased 10,000 shares at $3.48/share ($34,790.00 total) which increased their vested holdings by 0.5%. The current price is $2.92 (-16.1%). Their median purchase size is $50,210.40 and this is their 2nd largest purchase out of 2 all time. (SEC Source)

Historic Returns
1m returns: 15% weighted | 15% median | 100% win rate (1/1)
3m returns: 165% weighted | 165% median | 100% win rate (1/1)
6m returns: 38% weighted | 38% median | 100% win rate (1/1)
1y returns: N/A

Note: 2 other insiders also purchased the stock

President and CEO at OmniAb, Inc. ($OABI)

The President and CEO purchased 225,000 shares at $5.19/share ($1.17M total) which increased their vested holdings by 8.4%. The current price is $5.31 (+2.3%). Their median purchase size is $112K and this is their 2nd largest purchase out of 22 all time. (SEC Source)

Historic Returns
1m returns: 18% weighted | 2% median | 57% win rate (12/21)
3m returns: 24% weighted | 15% median | 67% win rate (14/21)
6m returns: 18% weighted | 4% median | 58% win rate (11/19)
1y returns: 62% weighted | 43% median | 62% win rate (10/16)

Director at Journey Medical Corp ($DERM)

The Director purchased 30,000 shares at $3.47/share ($104K total) which increased their vested holdings by 28.6%. The current price is $2.92 (-15.9%). Their median purchase size is $101K and this is their 1st largest purchase out of 2 all time. (SEC Source)

Historic Returns
1m returns: 35% weighted | 35% median | 100% win rate (1/1)
3m returns: 62% weighted | 62% median | 100% win rate (1/1)
6m returns: N/A
1y returns: N/A

Note: 2 other insiders also purchased the stock


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.

CFO at ALPHA PRO TECH LTD ($APT)

The CFO sold 20,000 shares at $6.16/share ($123K total) which decreased their vested holdings by 26.4%. The current price is $6.19 (+0.6%). Their median sale size is $880K and this is their 2nd largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -48% weighted | -48% median | 0% win rate (0/1)
3m returns: -55% weighted | -55% median | 0% win rate (0/1)
6m returns: -48% weighted | -48% median | 0% win rate (0/1)
1y returns: -54% weighted | -54% median | 0% win rate (0/1)

Director at WORTHINGTON ENTERPRISES, INC. ($WOR)

The Director sold 66,000 shares at $64.26/share ($4.24M total) which decreased their vested holdings by 46.3%. The current price is $62.35 (-3.0%). Their median sale size is $2.24M and this is their 1st largest sale out of 4 all time. (SEC Source)

Historic Returns
1m returns: -3% weighted | -3% median | 0% win rate (0/3)
3m returns: -10% weighted | -11% median | 33% win rate (1/3)
6m returns: -19% weighted | -21% median | 33% win rate (1/3)
1y returns: -26% weighted | -25% median | 33% win rate (1/3)


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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