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 – Crown Castle (CCI)
Crown Castle (CCI) with a $2.25M insider buy on 4/24 from Director Landis Martin, the largest buy in the name since he made a $3M purchase at $100 back in 2017. CCI has seen other insiders buy over the last six months with the largest being a $580K purchase at $106 in...
Trading Spotlight – Tivity Health (TVTY)
Tivity Health (TVTY) with six different insiders buying stock recently into weakness between $16.50 and $17.80. The largest buy was from director Ben Kirshner who acquired 14.569 shares at $17.25, a more than $250K buy. TVTY shares are down 19% YTD and almost 50% over...
Trading Spotlight – EQT Corp (EQT)
EQT Corp (EQT) continues to draw insider buying into recent weakness with five different officers buying shares since early April. The largest buy was from Pres/CEO McNally who bought $263K shares at $20.80 on 3/29. In February, three other insiders bought over $500K...
Trading Spotlight – Costco (COST)
Costco (COST) with a rare insider buy this week into new highs as Director John Meisenbach bought 3,000 shares at $242.65, a more than $727K purchase. This is the first buy since 2015 when a director bought $1.5M in stock at $155. Meisenbach is the founder and...
Trading Spotlight – Linde (LIN)
Linde (LIN) with a $1.1M buy this week from Director Thomas Enders, 6,600 shares at $172. This is the largest insider buy in the name since the merger with PX and follows a $108K buy in November from Linde’s head of engineering. LIN has traded well in 2019 up to...
Trading Spotlight – Esperion (ESPR)
Esperion (ESPR) with two different buys from President/CEO Timothy Mayleben over the past week, a $243K buy on 3/14 at $48.73 and a $217K buy on 3/20 at $43.48. Mayleben has been with ESPR since its acquisition by Pfizer in 2004 and then CEO of Vericel. ESPR shares...
Trading Spotlight – Resideo (REZI)
Resideo (REZI) with a sizable insider buy this week from Director Roger Fradin of 25,000 shares at $20.41, a more than $510K investment. REZI has seen a number of smaller insider buys since its spinoff from Honeywell with the largest being a $160K and $200K buy back...
Trading Spotlight – Ecolab (ECL)
Ecolab (ECL) with a Director buying $171K in stock this week at $171.05, a rare insider buy into new all-time highs. ECL has seen plenty of insider support over the last twelve months with directors buying over $1.5M in stock while Bill Gates’s Cascade Fund has been...
Trading Spotlight – Summit Materials (SUM)
Summit Materials (SUM) with a $500,000+ investment this week from President and CEO Thomas Hill who bought 31,250 shares at $16.25. Hill’s buy follows several insiders adding stock in 2018 between $13 and $21 including a $750K buy in August. SUM has excelled in 2019,...
Trading Spotlight – Plantronics (PLT)
Plantronics (PLT) with a sizable insider buy this week from Director Brian Dexheimer who added over $1M in stock between $46.08 and $46.32. These are the first open market buys in the name since 2010 and largest on record. Dexheimer joined the board of PLT in 2008....