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 – Elanco (ELAN)
Elanco (ELAN) with a number of insiders buying stock in the last two weeks including a $2M buy from the CEO on 9-4 at $26.55, 75,750 shares. Other directors have bought more than $1M in stock since 8-26. ELAN shares are down 13.25% for the year and down over 16% in...
Trading Spotlight – Intel (INTC)
Intel (INTC) with two rare open market buys this week from the CEO and CFO, the former buying 10,918 shares at $45.70 and the latter with 5,458 shares at $45.70. The combined purchases were around $750,000 and the first since December when the interim CEO bought...
Trading Spotlight – E-Health (EHTH)
E-Health (EHTH) with a notable insider buy this week from Director Dale Wolf of 2,000 shares at $105.05, the first open market buy since February when the CFO bought stock and comes with shares up 150% for the year and not far from new highs. EHTH pulled back on...
Trading Spotlight – Kontoor Brands (KTB)
Kontoor Brands (KTB) with two different buys this week from directors with Richard Carucci buying 9,000 shares at $31.06, a nearly $280,000 buy, while Juliana Chugg bought 8,400 shares at $29.96, a more than $250,000 buy. KTB is the recent spin-off from VF Corp which...
Trading Spotlight – Arconic (ARNC)
Arconic (ARNC) with a sizable insider buy this week from COB/CEO John Plant of 30,463 shares at $24.13, a more than $735,000 investment. Plant bought $1.1M in stock in May around $22.14 and nearly $4M in March. Shares have traded well in 2019, up 49.5% vs peers like...
Trading Spotlight – MasterCard (MA)
MasterCard (MA) with a notable insider buy this week from director Lance Uggla of 1,500 shares at $275.51, a $413,560 investment into strength. This is the first open market buy since November when a director bought $486k in stock at $196.37. Uggla is the CEO of IHS...
Trading Spotlight – Air Products (APD)
Air Products (APD) with a sizable open market buy last week from the Chairman, President/CEO Seifi Ghasemi who bought 20,000 shares at $226.66 to $228.40. The $4.5M buy is the largest in the name since Ghasemi bought $3.2M in stock at $160 in November and he’s...
Trading Spotlight – Liberty Latin America (LILA)
Liberty Latin America (LILA) seeing a number of insider buys recently from both the CEO and CFO. In May, the two bought shares around $17.80-$17.90 while in late June they bought at $17.20-$17.25. Between the four purchases they’ve accumulated over $900k in stock on...
Trading Spotlight – Invesco (IVZ)
Invesco (IVZ) shares trading in a narrow range over the last two months and back near an area where a director bought nearly $200,000 in stock in mid-May at $19.84. IVZ has seen a lot of notable buys this year with four different individuals buying over $1.48M since...
Trading Spotlight – Perspecta (PRSP)
Perspecta (PRSP) has seen a number of insider buys since March including one director – Philip Nolan – who bought stock in April, May, June and July for over $400K between $21.49 and $22.93. CEO John Curtis bought nearly $200K in stock on 3-25 at $20.76. Shares are up...