InsiderEdge™ – Top Sales and Top Purchases – March 27, 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.

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.

President and Chief Executive at Phathom Pharmaceuticals, Inc. ($PHAT) 

The President and Chief Executive sold 16,851 shares at $9.11/share ($154K total) which decreased their vested holdings by 3.9%. The current price is $10.50 (+15.3%). Their median sale size is $154K and this is their 5th largest sale out of 9 all time. (SEC Source)

Historic Returns
1m returns: -8% weighted | -12% median | 38% win rate (3/8)
3m returns: -31% weighted | -19% median | 29% win rate (2/7)
6m returns: -37% weighted | -22% median | 43% win rate (3/7)
1y returns: -39% weighted | -27% median | 14% win rate (1/7)   

VP of Operations at Planet 13 Holdings Inc. ($PLNH) 

The VP of Operations sold 98,606 shares at $0.52/share ($51,176.51 total) which decreased their vested holdings by 2.4%. The current price is $0.56 (+7.9%). Their median sale size is $51,176.50 and this is their 4th largest sale out of 7 all time. (SEC Source)

Historic Returns
1m returns: -16% weighted | -18% median | 0% win rate (0/3)
3m returns:  -15% weighted | -21% median | 0% win rate (0/3)
6m returns: -23% weighted | 2% median | 50% win rate (2/4)
1y returns: N/A

10% Owner at Nordicus Partners Corp ($NORD) 

The 10% Owner sold 1,701,530 shares at $0.97/share ($1.65M total) which decreased their vested holdings by 47.3%. The current price is $0.61 (-37.1%). Their median sale size is $3.26M and this is their 2nd largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -24% weighted | -24% median | 0% win rate (0/1)
3m returns: -29% weighted | -29% median | 0% win rate (0/1)
6m returns: N/A
1y returns: N/A 

Note: 1 other insiders also sold the stock


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.

Related Posts
BBAE Blueprint

Join BBAE: Unlock Up to $400 Bonus!

Tailored insights, powerful tools. Automatic bonus at signup.
Get Started with BBAE Now!