InsiderEdge™ – Top Sales and Top Purchases – May 7, 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.

Director at SAIA INC ($SAIA)

The Director purchased 500 shares at $407.00/share ($204K total) which increased their vested holdings by 2.8%. The current price is $393.26 (-3.4%). Their median purchase size is $81,453.80 and this is their 1st largest purchase out of 3 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 4% median | 100% win rate (2/2)
3m returns: 48% weighted | 43% median | 100% win rate (2/2)
6m returns: 72% weighted | 64% median | 100% win rate (2/2)
1y returns: 116% weighted | 106% median | 100% win rate (2/2)

President and CEO at MACERICH CO ($MAC)

The President and CEO purchased 140,000 shares at $14.26/share ($2.00M total) which increased their vested holdings by 459.0%. The current price is $14.68 (+2.9%). Their median purchase size is $101K and this is their 1st largest purchase out of 5 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 3% median | 100% win rate (4/4)
3m returns: 25% weighted | 18% median | 100% win rate (4/4)
6m returns: 18% weighted | 18% median | 75% win rate (3/4)
1y returns: 43% weighted | 18% median | 75% win rate (3/4)

Director at Vestis Corp ($VSTS)

The Director purchased 110,000 shares at $10.02/share ($1.10M total) which increased their vested holdings by 353.3%. The current price is $9.91 (-1.1%). Their median purchase size is $501K and this is their 4th largest purchase out of 17 all time. (SEC Source)

Historic Returns
1m returns: -1% weighted | 4% median | 81% win rate (13/16)
3m returns: 9% weighted | 10% median | 75% win rate (12/16)
6m returns: 23% weighted | 10% median | 67% win rate (10/15)
1y returns: 49% weighted | 12% median | 64% win rate (9/14)

Nota: 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.

President and COO at ProPetro Holding Corp. ($PUMP)

The President and COO sold 42,573 shares at $9.28/share ($395K total) which decreased their vested holdings by 42.3%. The current price is $9.60 (+3.4%). Their median sale size is $323K and this is their 2nd largest sale out of 4 all time. (SEC Source)

Historic Returns
1m returns: -9% weighted | -10% median | 0% win rate (0/3)
3m returns: -23% weighted | -17% median | 0% win rate (0/3)
6m returns: -17% weighted | -25% median | 0% win rate (0/3)
1y returns: -27% weighted | -19% median | 50% win rate (1/2)

President, Global Paper at WestRock Co ($WRK)

The President, Global Paper sold 6,965 shares at $51.47/share ($358K total) which decreased their vested holdings by 10.3%. The current price is $51.40 (-0.1%). Their median sale size is $289K and this is their 1st largest sale out of 2 all time. (SEC Source)

Historic Returns
1m returns: -17% weighted | -17% median | 0% win rate (0/1)
3m returns: -10% weighted | -10% median | 0% win rate (0/1)
6m returns: -20% weighted | -20% median | 0% win rate (0/1)
1y returns: -22% weighted | -22% median | 0% win rate (0/1)

Nota: 2 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.

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