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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 343 insider trades, I’ve calculated which ones show the most promise, and here’s what I found:
- $WOLF: Up 44% in 1 day
- $GENK: CEO's with 18% 3 month 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
Wolfspeed (WOLF) surged over 40% in a single day following the announcement of a director making a significant "Top Insider Purchase." The stock's dramatic rise appears to reflect strong investor sentiment tied to this insider activity, which is often interpreted as a signal of confidence in the company’s prospects.
However, it's worth noting that Wolfspeed has been facing challenges, including competitive pressures in the silicon carbide (SiC) semiconductor space and operational difficulties, such as ramping up production yields and managing oversupply issues. Additionally, market analysts have recently revised their price targets for WOLF, citing concerns about diluted shareholder equity and slower electric vehicle (EV) market growth, which could impact demand for Wolfspeed’s products.
This recent price spike, likely influenced by insider trading activity, could be a reaction to perceived value or potential future turnaround, despite the broader headwinds Wolfspeed has been experiencing. For a detailed understanding, analyzing the company’s earnings reports and upcoming strategic moves would be essential.
It opened at $6.91 and is up to $9.94 (+44%).
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 Insider Purchases at TDUP and PCB and the first Top Purchases elsewhere:
- 9% 1m / 18% 3m avg returns on 5 previous purchases for the Co-Chief Executive Officer at GENK - (link)
- 17% 1m / 86% 3m avg returns on 4 previous purchases for the CEO & President at COHR - (link)
- 12% 1m / 8% 3m avg returns on 3 previous purchases for the PRESIDENT, CEO & DIRECTOR at PCB - (link)
- 13% 1m / 14% 3m avg returns on 1 previous purchases for the CEO & President at SRV - (link)
- 16% 1m / 20% 3m avg returns on 6 previous purchases for the director at TDUP - (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.
TDUP bumps up to second place after today’s Top Insider Purchase and PCB joins this list for the first time.
Click here to access the spreadsheet (it has many more rows and more return calculations for each row).