Insider Trade Highlights (Tue, Oct 29)

First 3-point purchase since October 22nd. Executive Chairman buys $1M of stock in private placement.

Published Oct 29, 2024
Reading time 2 min read

Good afternoon!

Insider trades can reveal valuable insights into where executives and insiders see potential. By analysing recent activity, I've uncovered a few standout opportunities that could offer promising returns.

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After sifting through 65 insider trades, I’ve calculated which ones show the most promise, and here’s what I found:

  • TCBX: Just crossed 50% returns in less than three months.
  • BYON: Exec Chairman, Marcus Lemonis, bought $1M of stock in a private placement.
  • And more…

I’ll keep digging into the data to bring you the latest and most actionable insider moves every day.

Have a fantastic day!

Jack

P.S. Click here for the Google Sheet with all of the data for the last 30 days.


💰 Previous Winner

TCBX just crossed 50%+ since we found an EVP making a top insider purchase in the August 6th email.

It opened at $21.10 and is up to $32.80.


New 3-Point Purchases

3-point purchases are the highest-rated insider trades. Remember, returns and win rates are calculated using the previous purchase trades by the insider.

EXECUTIVE CHAIRMAN OF BOARD at BEYOND, INC. ($BYON)

The EXECUTIVE CHAIRMAN OF BOARD purchased 156,985 shares at $6.37/share ($1000K total) which increased their vested holdings by 75.3%. The current price is $7.00 (+9.9%). Their median purchase size is $100K and this is their 4th largest purchase out of 53 all time. link

Historic Returns
1m returns
: 2% weighted | 3% median | 58% win rate (30/52)
3m returns: 12% weighted | 13% median | 39% win rate (20/51)

Note: Private Placement


All New Top Purchases

The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.

First top purchases at all of these companies:

  • 8% 1m / 50% 3m avg returns on 1 previous purchases for the 10% owner at SEPN
  • 0% 1m / 22% 3m avg returns on 1 previous purchases for the director at LOGI
  • 3% 1m / 13% 3m avg returns on 52 previous purchases for the EXECUTIVE CHAIRMAN OF BOARD at BYON

Click here to access the spreadsheet (it has many more trades, links to all of the trades, and return calculations for each trade)


Top Purchases by Company

The companies with the most top insider purchases in the last 30 days.

No changes at the top of the company list.

Click here to access the spreadsheet (it has many more rows and more return calculations for each row).

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