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.
After sifting through 221 insider trades, I’ve calculated which ones show the most promise, and here’s what I found:
- $TDUP: Up 20% in 2 days after insider activity
- $BDCO: CEO with 24% 3M returns buys the 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
ThredUp (TDUP) has seen a sharp 20% rise in its stock price over the past two days, driven by a combination of strong earnings momentum and strategic moves within the company. During its recent Q3 earnings call, the company highlighted substantial progress in operational efficiency and expanding its market share. Additionally, the appointment of Danielle Vermeer, a former Amazon executive, to lead its social commerce strategy has generated optimism about future growth opportunities. This new role focuses on leveraging influencers and brand ambassadors to enhance the company’s online presence and sales.
From a technical perspective, the stock has surged past its 200-day moving average, which is often seen as a bullish indicator by traders. The broader market's improved sentiment towards retail and secondhand apparel, along with insider activity, adds further support to its recent performance.
It opened at $1.13 and is up to $1.36 (+20%).
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.
None today.
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.
Repeat Top Purchases at PEB, TDUP, GRNT, ISPO, and ULBI, and the first Top Purchases at all of the other companies:
- 31% 1m / 34% 3m avg returns on 8 previous purchases for the director at SGHT - (link)
- 2% 1m / 24% 3m avg returns on 16 previous purchases for the CEO & President at BDCO - (link)
- 6% 1m / 9% 3m avg returns on 24 previous purchases for the Chairman and CEO at PEB - (link)
- 15% 1m / 10% 3m avg returns on 3 previous purchases for the CHIEF EXECUTIVE OFFICER at ISPO - (link)
- 6% 1m / 4% 3m avg returns on 4 previous purchases for the director at WOLF - (link)
- 2% 1m / 31% 3m avg returns on 3 previous purchases for the director at SDHC - (link)
- 5% 1m / 10% 3m avg returns on 14 previous purchases for the director at GRNT - (link)
- 0% 1m / 25% 3m avg returns on 6 previous purchases for the President and CEO at ULBI - (link)
- 5% 1m / 10% 3m avg returns on 13 previous purchases for the director at GRNT - (link)
- 6% 1m / 9% 3m avg returns on 3 previous purchases for the President and CEO at IPWR - (link)
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.
PEB moved up to 2nd place, TDUP and GRNT moved up to a tie for 3rd, and ISPO and ULBI both appear on the Top Company List for the first time after today’s insider purchases.
Click here to access the spreadsheet (it has many more rows and more return calculations for each row).