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 – Aramark (ARMK)
Aramark (ARMK) with a sizable insider buy this week from CEO John Zillmer of 35,000 shares at $42.68, a more than $1.49M investment. This is the first open market buy in the name since December. Zillmer took over as CEO in October after activist Mantle Ridge took a...
Trading Spotlight – Gaming & Leisure Properties (GLPI)
Gaming & Leisure Properties (GLPI) seeing some notable insider buying this past week into strength from Matthew Demchyk of 7,500 shares around $42 and follows 5,000 shares bought in August. Demchyk is the SVP of investments for GLPI and is in charge of capital...
Trading Spotlight – Fed-Ex (FDX)
Fed-Ex (FDX) with a notable open market buy this week from a director of 10,000 shares at $154.12, a more than $1.5M buy, and follows a $253,750 purchase from a different individual on 9-27. This week’s purchase is the largest in the name in the last four years. FDX...
Trading Spotlight – Eli Lilly (LLY)
Eli Lilly (LLY) with two notable insider buys this past week as a director bought $200k in stock at $107.49 and the President/CEO bought $500k at $108.38. LLY gapped lower last week on earnings but strong 3-day bounce back. Shares are down around 5% YTD and well off...
Trading Spotlight – Cannae Holdings (CNNE)
Cannae Holdings (CNNE) a very quiet name that has seen a lot of insider buying this year including $275k from a Director on 10-7 at $27.53. This individual has bought over $1M in stock this year prior to this purchase and follows a $100k buy from the CFO on 9-23 at...
Trading Spotlight – Red Rock (RRR)
Red Rock (RRR) with some sizable insider buys over the last two months from directors Frank and Lorenzo Fertitta, brothers and owners of Station Casinos which is partially owned by RRR. The two have bought more than $50M in stock on the open market since early August...
Trading Spotlight – Forterra (FRTA)
Forterra (FRTA) with a number of insider buys recently including over $680,000 in stock bought by the CEO Karl Watson between $5.98 and $6.94. Watson starting buying stock on 9-5 through 9-9. In August, a director bought stock around $6.84 while Watson added another...
Trading Spotlight – Max Linear (MXL)
Max Linear (MXL) with three notable open market buys this month from CFO Steven Litchfield, more than 32,000 shares in total around $21-$23 and $750K of invested value. In August 2018, the COB/CEO bought $500K in stock at $18.50. MXL has traded well in 2019 up 26.5%...
Trading Spotlight – Guidewire (GWRE)
Guidewire (GWRE) with a notable insider buy last week from director Catherine Lego of 2,000 shares for $106.16, a more than $212K buy into recent strength. This is the only open market buy in the name in the last four years. GWRE shares are up 36% for the year and...
Trading Spotlight – DTE Energy (DTE)
DTE Energy (DTE) with a rare open market buy this week from a director, Gary Torgow, of near $200K in stock at $129.95. This follows a $250K buy in May around $124. Shares have traded higher by 16.4% this year and trading in a narrow bull flag since early July under...