OptionsHawk monitors insider trading activity daily and pay the greatest attention to insider buying as while selling is done for a multitude of reasons, buying is always a positive signal from management. We often notice insider activity aligning with key technical/valuation levels and can also draw conclusions from related options activity. We focus on the most intriguing insider buys which may be ones at attractive valuation, ones that are large and/or rare, or when buyers are active with shares strong and near highs.
Trading Spotlight – Amedisys (AMED)
Amedisys (AMED) with a rare insider buy last week on 2/25 from director Vickie Capps of $187,000 in stock with shares pulling back from a strong multi-month run. AMED is just barely positive for the year and up around 40% over the last twelve months. Shares bounced...
Trading Spotlight – Kellogg (K)
Kellogg (K) with a sizable insider buy last week from the CEO Steven Cahillane of 16,180 shares at $65.33, a more than $1M investment. Callihane has been the CEO of Kellogg since late 2017 and has spearheaded a move to push the company beyond its core cereal markets...
Trading Spotlight – AT&T (T)
AT&T (T) with notable insider buys in the last week from three different directors including a $3.76M buy from Stephen Luczo at $37.60. He is the current Chairman of the Board of Seagate (STX) and once long-time CEO. AT&T has traded down around 1.5% in 2020...
Trading Spotlight – ZymeWorks (ZYME)
ZymeWorks (ZYME) notable insider on 1/27 from director Troy Cox of 7,500 shares at $46.50, a nearly $350,000 investment. This is the first open market buy in the name. ZYME has traded well since mid-October and up over 170% in the last twelve months. Shares have...
Trading Spotlight – PNC Financial (PNC)
PNC Financial (PNC) insiders active into weakness following earnings with a director buying 1,000 shares at $153.11 and follows another $124k buy in August. Charles Bunch was the chairman and CEO of PPG Industries until 2015. He joined the board at PNC in retirement....
Trading Spotlight – Simply Good Foods (SMPL)
Simply Good Foods (SMPL) with a notable insider buy this week from director Nomi Ghez of 21,275 shares at $23.27, a more than $495,000 investment. This follows a $1.7M buy from a director on 11-13 around $24.62. Ghez has been at Perry Capital since 2004 and prior to...
Trading Spotlight – Sun Communities (SUI)
Sun Communities (SUI) with a small insider buy in December from director Brian Hermelin of $149,965 in stock at $148.48. SUI hasn’t seen any other notable insider buys recently. Hermelin has been a director at the company since 2014 and managing partner of Rockbridge...
Trading Spotlight – ConAgra (CAG)
ConAgra (CAG) with a sizable insider buy from director Craig Omtvedt of 40,000 shares at $33.99, a more than $1.35M buy on 12/31. This follows a 25,000 share buy in July from Omtvedt who is the former CFO of Fortune Brands and prior to that he was at Pillsbury. CAG...
Trading Spotlight – Noble Energy (NBL)
Noble Energy (NBL) with two notable insider buys this week with shares working out of a multi-week base. On 12-3, a director bought $305k in stock at $20.38 and later on 12-4 the CEO bought $251k in stock at $20.92. The last open market buy was in December 2017 when...
Trading Spotlight – Martin Marietta (MLM)
Martin Marietta (MLM) with a notable insider buy last week from director John Koraleski of $260k in stock at $260.23. Koraleski joined the MLM board in 2016 and was the former CEO of Union Pacific. His buy comes with shares just 2.75% off of all-time highs and up over...