r/CEOWatcher

Today’s largest unscheduled insider purchases/sales (Tue, Aug 18)

5 most interesting unscheduled insider purchases:

  1. Chief Executive Officer at Cardinal Infrastructure Group Inc. $CDNL purchased $3.20M (first-ever purchase). Dip Buy: the stock was down -44% in the previous month. 5 other insiders also purchased the stock in the last 30 days.
  2. Executive Officer at On Holding AG $ONON purchased $1.99M (2nd largest purchase, out of 2). Dip Buy: the stock was down -16% in the previous week. 1 other insider also purchased the stock in the last 30 days.
  3. President and CEO at Kura Oncology, Inc. $KURA purchased $1.11M (largest purchase ever, out of 2).
  4. Chief Content Officer at Angel Studios, Inc. $ANGX purchased $948.71K (first-ever purchase). This increased their listed holdings by 874%. Dip Buy: the stock was down -66% in the previous year. 2 other insiders also purchased the stock in the last 30 days. Large price difference: Current: $4.71 | Tx: $4.12 | Diff: (+14.23%).
  5. EVP at Delek Logistics Partners, LP $DKL purchased $200.00K (largest purchase ever, out of 2). This increased their listed holdings by 19%. 4 other insiders also purchased the stock in the last 30 days.

5 most interesting unscheduled insider sales:

  1. Chief Executive Officer at SIMILARWEB LTD. $SMWB sold $6.26M (first-ever sale). This decreased their listed holdings by -11%. Rip Sell: the stock was up 27% in the previous month. Reversal: they made 2 straight purchases before this sale.
  2. EVP, CFO & Treasurer at MUELLER INDUSTRIES INC $MLI sold $5.78M (2nd largest sale, out of 8). This decreased their listed holdings by -13%. 2 other insiders also sold the stock in the last 30 days.
  3. President and CEO at Anterix Inc. $ATEX sold $3.16M (largest sale ever, out of 20). This decreased their listed holdings by -45%. Rip Sell: the stock was up 60% in the previous 3 months.
  4. VP & Chief Financial Officer at Globalstar, Inc. $GSAT sold $1.98M (largest sale ever, out of 14). This decreased their listed holdings by -19%. Rip Sell: the stock was up 208% in the previous year. 3 other insiders also sold the stock in the last 30 days.
  5. Chief Marketing Officer at Caesars Entertainment, Inc. $CZR sold $1.77M (first-ever sale). This decreased their listed holdings by -100%. Rip Sell: the stock was up 56% in the previous 6 months.
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u/CEOWatcher — 2 days ago
▲ 240 r/CEOWatcher+2 crossposts

Intel's CEO bets the AI boom isn't over: buys $10M of shares at $95 each

On August 11th, Lip-Bu Tan did something bold.
While everyone was debating whether the AI boom is over, Intel's CEO bought 105,263 shares at $95.00 = $9,999,985 through his family trust.

Tan bought these 105,263 shares in Intel's own ~$23B common-stock offering (~4.8% dilution), at the $95.00 public offering price, the prospectus supplement disclosed he and a family member would take $12M in the deal

He now holds ~1.31 million shares.

This is the fourth rung of a ladder of insider buying. From his own Form 4s: ~$2.9M at $27–29 as a director in Nov 2022 (when the stock was left for dead), ~$2.5M at $38 as a director in Nov 2023, and now $10M at $95 as the CEO. ~$15.4M lifetime, every rung bought higher than the last, the biggest cheque at the highest price.

The timing of the entry was right after INTC's biggest beat of his tenure.
Q2 at $0.42 vs $0.19 expected. And as it's receding from the top, INTC hit $142 on June 30th.

Countercase? $10M is roughly 7–8% of his existing Intel stake (~$128M), a real add but, far from a life-changing cheque for the founder of Walden International. And a CEO buying his own turnaround is the most on-message purchase a filing can show; it could be read as encouraging the market to hold the price up.

Though he was also buying at $27 as a director, when there was no market to encourage.

Filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001008463&type=4&dateb=&owner=include&count=40

Information, not advice. I build tooling in this space. No position in INTC.

(edit: corrected 'open-market' to 'buying in the offering', apologies)

u/Apibeary — 5 days ago

Today’s most interesting unscheduled insider purchases/sales (Fri, Aug 14)

5 most interesting unscheduled insider purchases:

  1. Director (BECKWITT RICHARD) at Dream Finders Homes, Inc. $DFH purchased $1.26M (largest purchase ever, out of 3).
  2. COO at Chiron Real Estate Inc. $XRN purchased $495.86K (first-ever purchase). 2 other insiders also purchased the stock in the last 30 days.
  3. President and CEO at Regional Management Corp. $RM purchased $316.50K (first-ever purchase). This increased their listed holdings by 21%. Dip Buy: the stock was down -25% in the previous month.
  4. Chief Financial Officer at Amrize Ltd $AMRZ purchased $283.53K (first-ever purchase). 4 other insiders also purchased the stock in the last 30 days.
  5. CLO, CCO, CAO & Corp Sec at HARLEY-DAVIDSON, INC. $HOG purchased $197.85K (first-ever purchase). 2 other insiders also purchased the stock in the last 30 days.

5 most interesting unscheduled insider sales:

  1. VP, Finance & Operations at Globalstar, Inc. $GSAT sold $12.45M (largest sale ever, out of 10). This decreased their listed holdings by -26%. Rip Sell: the stock was up 202% in the previous year. 2 other insiders also sold the stock in the last 30 days.
  2. EVP, General Counsel at Merck & Co., Inc. $MRK sold $10.72M (2nd largest sale, out of 3). This decreased their listed holdings by -63%. Rip Sell: the stock was up 66% in the previous year. 4 other insiders also sold the stock in the last 30 days.
  3. President and CEO at AEHR TEST SYSTEMS $AEHR sold $5.23M (3rd largest sale, out of 46). This decreased their listed holdings by -10%. Rip Sell: the stock was up 89% in the previous month. 6 other insiders also sold the stock in the last 30 days.
  4. Director (Burdick Kenneth A) at LifeStance Health Group, Inc. $LFST sold $5.75M (largest sale ever, out of 13). This decreased their listed holdings by -14%. Rip Sell: the stock was up 50% in the previous 3 months. Reversal: they made 1 straight purchase before this sale. 3 other insiders also sold the stock in the last 30 days.
  5. EVP, Access, Policy & Comms at Merck & Co., Inc. $MRK sold $1.35M (4th largest sale, out of 6). This decreased their listed holdings by -21%. Rip Sell: the stock was up 66% in the previous year. 4 other insiders also sold the stock in the last 30 days.
reddit.com
u/CEOWatcher — 6 days ago

Today’s most interesting unscheduled insider purchases/sales (Thu, Aug 13)

5 most interesting unscheduled insider purchases:

  1. Executive Chairman at American Assets Trust, Inc. $AAT purchased $4.35M (6th largest purchase, out of 195). This insider has purchased the stock 2 times in the last 30 days.
  2. Exec. Chair and CEO at Primo Brands Corp $PRMB purchased $2.00M (3rd largest purchase, out of 7). This increased their listed holdings by 17%.
  3. Chairman & CEO at PFIZER INC $PFE purchased $1.00M (first-ever purchase). Rip Buy: the stock was up 12% in the previous month. Reversal: they made 2 straight sales before this purchase. 2 other insiders also purchased the stock in the last 30 days.
  4. Chief Executive Officer at OppFi Inc. $OPFI purchased $422.99K (largest purchase ever, out of 39). Dip Buy: the stock was down -27% in the previous month. Their last purchase was 1156 days ago.
  5. Chief Executive Officer at ProFrac Holding Corp. $ACDC purchased $401.85K (5th largest purchase, out of 9). 1 other insider also purchased the stock in the last 30 days.

5 most interesting unscheduled insider sales:

  1. Chief Executive Officer at TOWER SEMICONDUCTOR LTD $TSEM sold $45.56M (largest sale ever, out of 2). This decreased their listed holdings by -25%. Rip Sell: the stock was up 86% in the previous 6 months. This insider has sold the stock 2 times in the last 30 days.
  2. Chairman of the Board & CEO at MUELLER INDUSTRIES INC $MLI sold $23.38M (2nd largest sale, out of 33). This decreased their listed holdings by -14%. Rip Sell: the stock was up 20% in the previous month. 1 other insider also sold the stock in the last 30 days.
  3. President, International at Warner Bros. Discovery, Inc. $WBD sold $15.99M (2nd largest sale, out of 2). This decreased their listed holdings by -41%. Rip Sell: the stock was up 141% in the previous year. 2 other insiders also sold the stock in the last 30 days.
  4. President & CEO at Medpace Holdings, Inc. $MEDP sold $13.98M (28th largest sale, out of 116). Rip Sell: the stock was up 44% in the previous 3 months. 2 other insiders also sold the stock in the last 30 days.
  5. EVP&Pres, Merck Animal Heallth at Merck & Co., Inc. $MRK sold $5.94M (largest sale ever, out of 3). This decreased their listed holdings by -29%. Rip Sell: the stock was up 67% in the previous year. 3 other insiders also sold the stock in the last 30 days.
reddit.com
u/CEOWatcher — 7 days ago

Today’s largest unscheduled insider purchases/sales (Tue, Aug 11)

5 largest unscheduled insider purchases:

  1. 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $46.40M. Dip Buy: the stock was down -66% in the previous year. This insider has purchased the stock 4 times in the last 30 days.
  2. Chief Executive Officer at 51Talk Online Education Group $COE purchased $13.76M. This insider has purchased the stock 7 times in the last 30 days. Part of a 10b5-1 plan.
  3. Director (Chen Bihua) at BlossomHill Therapeutics, Inc. $BLSM purchased $5.00M (10th largest purchase, out of 12). 3 other insiders also purchased the stock in the last 30 days.
  4. Director (Tananbaum James B.) at Latigo Biotherapeutics, Inc. $LTGO purchased $2.52M (7th largest purchase, out of 9).
  5. 10% Owner (PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.) at NATURES SUNSHINE PRODUCTS INC $NATR purchased $2.32M (2nd largest purchase, out of 31). Dip Buy: the stock was down -25% in the previous month. Reversal: they made 1 straight sales before this purchase. Their last purchase was 3358 days ago.

5 largest unscheduled insider sales:

  1. Director (INNOVEX CO-INVEST FUND, L.P.) at Innovex International, Inc. $INVX sold $142.24M (first-ever sale). This decreased their listed holdings by -21%. 2 other insiders also sold the stock in the last 30 days.
  2. 10% Owner (DST Global Advisors Ltd) at Chime Financial, Inc. $CHYM sold $58.59M (largest sale ever, out of 2). Rip Sell: the stock was up 47% in the previous month. 4 other insiders also sold the stock in the last 30 days.
  3. 10% Owner (Corre Partners Management, LLC) at TEAM INC $TISI sold $56.95M (largest sale ever, out of 5). This decreased their listed holdings by -100%. Reversal: they made 11 straight purchases before this sale.
  4. Director (Whitehead James) at Black Stone Minerals, L.P. $BSM sold $28.10M (first-ever sale). This decreased their listed holdings by -34%.
  5. Executive Chairman at UFP TECHNOLOGIES INC $UFPT sold $5.00M (7th largest sale, out of 81). This decreased their listed holdings by -54%. Rip Sell: the stock was up 37% in the previous month. Their last sale was 634 days ago. 1 other insider also sold the stock in the last 30 days.
reddit.com
u/CEOWatcher — 9 days ago

Today’s largest unscheduled insider purchases/sales (Mon, Aug 10)

5 largest unscheduled insider purchases:

  1. 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $157.66M. Dip Buy: the stock was down -69% in the previous year. This insider has purchased the stock 3 times in the last 30 days. Is part of a dividend reinvestment.
  2. Director (Mateen Justin) at American Bitcoin Corp. $ABTC purchased $1.93M (largest purchase ever, out of 2). This increased their listed holdings by 165%. Dip Buy: the stock was down -64% in the previous 3 months.
  3. Director (Kosasa Thomas) at OneMedNet Corp $ONMD purchased $1000.00K. Dip Buy: the stock was down -33% in the previous 3 months.
  4. Executive Chairman at American Assets Trust, Inc. $AAT purchased $816.77K (83rd largest purchase, out of 194).
  5. Director (HOVDE STEVEN D) at COASTAL FINANCIAL CORP $CCB purchased $658.25K (6th largest purchase, out of 27). Dip Buy: the stock was down -41% in the previous month. Reversal: they made 6 straight sales before this purchase. Their last purchase was 1242 days ago. 2 other insiders also purchased the stock in the last 30 days.

5 largest unscheduled insider sales:

  1. 10% Owner (GIC Private Ltd) at Medline Inc. $MDLN sold $79.97M (13th largest sale, out of 28). Reversal: they made 1 straight purchases before this sale.
  2. 10% Owner (Tractors & Farm Equipment Ltd) at AGCO CORP /DE $AGCO sold $56.79M (largest sale ever, out of 2). 1 other insider also sold the stock in the last 30 days.
  3. President & CEO at AGILYSYS INC $AGYS sold $21.29M (largest sale ever, out of 12). This decreased their listed holdings by -22%. Rip Sell: the stock was up 47% in the previous 3 months. Their last sale was 695 days ago.
  4. 10% Owner (Equinox Partners Investment Management LLC) at GRAN TIERRA ENERGY INC. $GTE sold $15.39M (first-ever sale). This decreased their listed holdings by -25%. Rip Sell: the stock was up 51% in the previous month. Reversal: they made 16 straight purchases before this sale.
  5. 10% Owner (ISQ Global Fund II GP LLC) at Kinetik Holdings Inc. $KNTK sold $13.33M (7th largest sale, out of 8). This decreased their listed holdings by -13%.
reddit.com
u/CEOWatcher — 10 days ago

Today’s largest unscheduled insider purchases/sales (Fri, Aug 7)

5 largest unscheduled insider purchases:

  1. Director (MEISTER PAUL M) at Aptiv PLC $APTV purchased $5.00M (largest purchase ever, out of 4). This increased their listed holdings by 322%. Dip Buy: the stock was down -21% in the previous month.
  2. 10% Owner (PAULSON & CO. INC.) at Thryv Holdings, Inc. $THRY purchased $1.12M (14th largest purchase, out of 16). Dip Buy: the stock was down -42% in the previous month.
  3. CEO at SiteOne Landscape Supply, Inc. $SITE purchased $816.28K (2nd largest purchase, out of 4). Reversal: they made 59 straight sales before this purchase. Their last purchase was 3359 days ago.
  4. Chief Executive Officer at Lumen Technologies, Inc. $LUMN purchased $612.68K (2nd largest purchase, out of 4). Dip Buy: the stock was down -39% in the previous 3 months.
  5. Director (Cornog William L) at BrightView Holdings, Inc. $BV purchased $562.40K (largest purchase ever, out of 7). This increased their listed holdings by 36%. Dip Buy: the stock was down -24% in the previous month.

5 largest unscheduled insider sales:

  1. Director (Meister Keith A.) at ILLUMINA, INC. $ILMN sold $148.16M (3rd largest sale, out of 17). This decreased their listed holdings by -26%. Rip Sell: the stock was up 40% in the previous 3 months. 1 other insider also sold the stock in the last 30 days.
  2. CHAIRMAN AND C.E.O. at CHEESECAKE FACTORY INC $CAKE sold $10.00M (4th largest sale, out of 19). This decreased their listed holdings by -20%. Rip Sell: the stock was up 39% in the previous month. 4 other insiders also sold the stock in the last 30 days.
  3. Director (Otto Alexander) at Curbline Properties Corp. $CURB sold $5.21M (11th largest sale, out of 21). 1 other insider also sold the stock in the last 30 days.
  4. CEO Microsoft Commercial at MICROSOFT CORP $MSFT sold $4.88M (9th largest sale, out of 11). Rip Sell: the stock was up 26% in the previous month. 1 other insider also sold the stock in the last 30 days.
  5. Chief Technology Officer at Travel & Leisure Co. $TNL sold $4.10M (first-ever sale). This decreased their listed holdings by -100%. 4 other insiders also sold the stock in the last 30 days.
reddit.com
u/CEOWatcher — 13 days ago