Insider Trading Report: Designer Brands Inc (DBI)
Joseph Schottenstein, a director atDesigner Brands Inc (DBI) recently picked up 273,099 shares. The buy increased his stake by nearly 25 percent, and came to a total purchase price of $3.8 million. He was joined by Executive Chairman Jay Schottenstein, who made a 902,600 share buy. That increased his stake by nearly 45 percent, and came to a total cost of $12.6 million. Insiders at the firm now own nearly 8 percent of shares. Shares of the company, which owns a design ...
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Insider Trading Report: PennyMac Financial (PFSI)
MFN Partners, a fund with a director’s seat atPennyMac Financial (PFSI), recently added to their stake with a 344,322 share buy. The purchase came to just under $21.5 million, and increased their holdings by nearly 40 percent. Other directors have been buyers this year as well, however, there have also been some insider sales. Over the past three years, insider sales have topped insider buys, despite the recent switch. Overall, insiders own over 44 percent of shares. The mortgage servicing company has ...
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Insider Trading Report: Veritiv Corp (VRTV)
Stephen Macadam, a director atVeritiv Corp (VRTV), recently bought 5,000 shares. The buy increased his stake by over 37 percent, and came to a total purchase price of just under $198,000. This marks the first insider transaction of 2021. Company C-suite executives were generally buyers during last year’s market selloff, although a major holder made a large sale in late November. Overall, company insiders own about 3 percent of the company. Shares are up nearly 300 percent in the past year, as ...
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Insider Trading Report: Perrigo Co (PRGO)
Geoffrey Parker, a director atPerrigo Co (PRGO), recently picked up 2,500 shares. The buy increased his stake by nearly 18 percent, and came to a total purchase price of just over $103,000. This marks the first insider buy at the company since January. Insiders have been active on both the buy and sell side, with an insider sale earlier in the month. Overall, in the past three years, buyers have outnumbered sellers. Shares of the generic drug manufacturer have been in a ...
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Insider Trading Report: Software Acquisition Group Inc II (SAII)
Mithaq Capital, a major holder ofSoftware Acquisition Group II (SAII), recently bought 369,924 shares. The buy increased the fund’s stake by 4 percent, and came to a total purchase price of $3.89 million. This adds on to other buys from the fund since SAII went public as a SPAC offering last month. A SPAC is a special purpose acquisition company that raises capital to buy a business outright. SPACs typically go public around $10 per share. Their price varies depending on a ...
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Insider Trading Report: Biohaven Pharmaceutical (BHVN)
John Childs, a director atBiohaven Pharmaceutical (BHVN), recently made a 13,157 share buy. The purchase came to just under $1 million even, and increased the director’s stake by just over 0.5 percent. That’s the second buy from Childs this month following a 10,000 share buy earlier. Insiders have been both buyers and sellers in the past year, with sellers leading on total shares. Overall, insiders own nearly 14 percent of the company. A biotech firm targeting neurological diseases, the company has a ...
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Insider Trading Report: Abercrombie & Fitch (ANF)
Suzanne Coulter, a director atAbercrombie & Fitch (ANF) recently started a stake at the company with 2,170 shares. The total cost of the share buy came to just over $75,000. This marks the first buy from insiders since March 2020. Overall, insider sales have beaten out buyers over the past three years, but there was a large sale by a company insider back in January. Shares have since risen by 43 percent. Insiders own about 2.2 percent of company shares. Shares are up ...
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Insider Trading Report: General Electric (GE)
Paula Reynolds, a director atGeneral Electric (GE), recently added another 5,000 shares to her stake. That increased her holdings by nearly 20 percent, and came to a total purchase price of just over $62,000. This marks the first insider buy since last August, when a number of directors and C-suite executives bought shares at a price nearly 50 percent lower than where shares trade today. However, these buys have been dwarfed by sales from a fund that’s also a major holder. Overall, ...
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