InsiderEdge™ – Top Sales and Top Purchases – March 29, 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 Sagimet Biosciences Inc. ($SGMT)

The President & CEO purchased 12,100 shares at $5.27/share ($63,730.70 total) which increased their vested holdings by 1.9%. The current price is $5.42 (+2.9%). Their median purchase size is $6,560.00 and this is their 1st largest purchase out of 3 all time. (SEC Source)

Historic Returns
1m returns: 36% weighted | 73% median | 100% win rate (2/2)
3m returns: 86% weighted | 139% median | 100% win rate (2/2)
6m returns: N/A% weighted | N/A% median | N/A% win rate (0/0)
1y returns: N/A% weighted | N/A% median | N/A% win rate (0/0) 


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.

SVP, Controller and PAO at Designer Brands Inc. ($DBI)

The SVP, Controller and PAO sold 16,125 shares at $10.84/share ($175K total) which decreased their vested holdings by 38.5%. The current price is $10.93 (+0.8%). Their median sale size is $100K and this is their 2nd largest sale out of 4 all time. (SEC Source)

Historic Returns
1m returns: -6% weighted | -8% median | 0% win rate (0/3)
3m returns: -30% weighted | -29% median | 0% win rate (0/3)
6m returns:  -37% weighted | -24% median | 0% win rate (0/2)
1y returns: -31% weighted | -31% median | 0% win rate (0/1)

Director at PIONEER NATURAL RESOURCES CO ($PXD)

The Director sold 2,000 shares at $261.12/share ($522K total) which decreased their vested holdings by 15.2%. The current price is $262.50 (+0.5%). Their median sale size is $243K and this is their 3rd largest sale out of 11 all time. (SEC Source)

Historic Returns
1m returns: -9% weighted | -3% median | 33% win rate (3/9)
3m returns: -16% weighted | -13% median | 22% win rate (2/9)
6m returns: -26% weighted | -25% median | 0% win rate (0/9)
1y returns: -31% weighted | -31% median | 0% win rate (0/4)  

Note: 1 other insiders also sold the stock

10% Owner at Dutch Bros Inc. ($BROS)

The 10% Owner sold 8,000,000 shares at $33.88/share ($271.00M total) which decreased their vested holdings by 12.3%. The current price is $33.00 (-2.6%). Their median sale size is $243.56M and this is their 1st largest sale out of 6 all time. (SEC Source)

Historic Returns
1m returns: -6% weighted | -1% median | 50% win rate (2/4)
3m returns: -19% weighted | -12% median | 25% win rate (1/4)
6m returns: -19% weighted | -19% median | 0% win rate (0/2)
1y returns: -35% weighted | -35% median | 0% win rate (0/2) 


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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