Insider Trade Highlights (Wed, Oct 30)

Insider purchase from 3.5 months ago up 400%, and CEO with 54% 3-month returns buys the stock.

Published Oct 30, 2024
Reading time 3 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 115 insider trades, I’ve calculated which ones show the most promise, and here’s what I found:

  • TKNO: Up nearly 400% in just 3.5 months.
  • WGO: CEO with 54% 3-month returns recently bought more stock.
  • 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

TKNO is nearing a remarkable 400% return in just 3.5 months after we identified simultaneous insider buys from both the COO and CEO. This is truly one of the best-timed insider purchases you’ll come across.

It opened at $1.45 and is up above $7.


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.

PRESIDENT & CEO at WINNEBAGO INDUSTRIES INC ($WGO)

The PRESIDENT & CEO purchased 2,500 shares at $55.52/share ($139K total) which increased their vested holdings by 0.9%. The current price is $57.50 (+3.6%). Their median purchase size is $113K and this is their 1st largest purchase out of 3 all time. link

Historic Returns

1m returns: 32% weighted | 31% median | 100% win rate (2/2)
3m returns: 56% weighted | 54% median | 100% win rate (2/2)
6m returns: 44% weighted | 43% median | 100% win rate (2/2)
1y returns: 71% weighted | 68% median | 50% win rate (1/2)


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 purchase at WGO and second top purchase at BYON and SCLX:

  • 78% 1m / 37% 3m avg returns on 5 previous purchases for the See Remarks at SCLX
  • 31% 1m / 54% 3m avg returns on 2 previous purchases for the PRESIDENT & CEO at WGO
  • 3% 1m / 13% 3m avg returns on 53 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.

Following today's insider purchases, BYON and SCLX have both climbed to a tie for 4th place.

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

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