InsiderEdge™ – Top Sales and Top Purchases – March 28, 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.

EVP, General Counsel at HERBALIFE LTD. ($HLF)

The EVP, General Counsel purchased 2,778 shares at $9.30/share ($25,835.40 total) which increased their vested holdings by 1.6%. The current price is $9.47 (+1.8%). Their median purchase size is $28,838.30 and this is their 2nd largest purchase out of 2 all time. (SEC Source)

Historic Returns
1m returns: 33% weighted | 33% median | 100% win rate (1/1)
3m returns: 46% weighted | 46% median | 100% win rate (1/1)
6m returns: -6% weighted | -6% median | 0% win rate (0/1)
1y returns: 12% weighted | 12% median | 100% win rate (1/1)  

Note: 3 other insiders also purchased the stock

CHIEF FINANCIAL OFFICER at Mirum Pharmaceuticals, Inc. ($MIRM)

The CHIEF FINANCIAL OFFICER purchased 2,000 shares at $24.80/share ($49,600.00 total) which increased their vested holdings by 16.7%. The current price is $25.12 (+1.3%). Their median purchase size is $26,973.30 and this is their 7th largest purchase out of 18 all time. (SEC Source)

Historic Returns
1m returns: 2% weighted | 3% median | 56% win rate (9/16)
3m returns: 13% weighted | 5% median | 62% win rate (10/16)
6m returns: 19% weighted | 26% median | 60% win rate (9/15)
1y returns: 37% weighted | 51% median | 67% win rate (4/6)

Chief Executive Officer at Summit Therapeutics Inc. ($SMMT)

The Chief Executive Officer purchased 110,321 shares at $3.73/share ($411K total) which increased their vested holdings by 0.4%. The current price is $3.75 (+0.6%). Their median purchase size is $404K and this is their 7th largest purchase out of 14 all time. (SEC Source)

Historic Returns
1m returns: 34% weighted | 10% median | 78% win rate (7/9)
3m returns: 32% weighted | 17% median | 56% win rate (5/9)
6m returns: 10% weighted | 13% median | 56% win rate (5/9)
1y returns: -21% weighted | -26% median | 44% win rate (4/9)

Note: 1 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.

Chair and CEO at L3HARRIS TECHNOLOGIES, INC. /DE/ ($LHX)

The Chair and CEO sold 46,258 shares at $212.18/share ($9.81M total) which decreased their vested holdings by 22.5%. The current price is $212.50 (+0.2%). Their median sale size is $7.36M and this is their 1st largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -6% weighted | -6% median | 0% win rate (0/1)
3m returns: -12% weighted | -12% median | 0% win rate (0/1)
6m returns: -21% weighted | -21% median | 0% win rate (0/1)
1y returns: -25% weighted | -25% 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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