Insider Trading Report: CarMax (KMX)

Mark O’Neil, a director at CarMax (KMX), recently picked up 2,700 shares. That buy increased his holdings by 90 percent, and came at a cost of just over $252,000. This marks the first insider buy since back in March. Insiders at the company have generally been sellers of shares, including at prices close to the current price. Shares have just recently come off a 52-week high. The seller of used vehicles has seen a flat performance in the past year, with a ...
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Insider Trading Report: Icahn Enterprises LP (IEP)

Brett Icahn, a director at Icahn Enterprises (IEP) recently added 202,758 shares to his holdings. The buy increased his holdings by nearly 85 percent and came at a total price tag of $10 million. The buy matches a sale made at the same time by company Chairman Carl Icahn. However, insider trends for the past few years show that insider buys far outnumber sales over the past five years. Icahn Enterprises is the investment vehicle for Carl Icahn, and often invests in ...
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Insider Trading Report: Phillips 66 Partners (PSXP)

Phillip Barrington, a director at Phillips 66 Partners (PSXP), recently added 15,000 shares to his stake. The buy increased his holdings by a significant 55 percent to over 42,250 shares. The buy cost just over $325,000. Barrington was also the last insider to buy back in March of this year, also picking up 15,000 shares then. Insiders at the company have only been buyers for the past four years, at price as much as 65 percent higher from current prices. The oil ...
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Insider Trading Report: VEREIT (VER)

Glenn Rufrano, CEO at VEREIT (VER), recently picked up 40,000 shares, shelling out just over $253,000 to do so. The buy increased his total holding to over 3,279,250 shares. Insider data shows that this is the first buy from company insiders in 2020. In 2019, insiders were sellers of shares at prices anywhere from 15 to 30 percent higher than the current price. A triple-net REIT with a focus on commercial properties such as restaurant parcels and drug stores, shares of the ...
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Insider Trading Report: Kinder Morgan (KMI)

William Smith, a director at Kinder Morgan (KMI) picked up 7,000 shares last month. That followed on a buy the week before by company Chairman Richard Kinder, who bought 373,233 shares. While insiders have largely been buyers this year, the weak performance of the energy space means that these insider buys are currently at a loss, with a double-digit decline since the buys. That spells an opportunity for investors following the trades today. With the massive insider ownership and ongoing buying at ...
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Insider Trading Report: The Hartford Financial Services Group (HIG)

Christopher Swift, the Chairman and CEO of The Hartford Financial Services Group (HIG), picked up another $251,000 worth of shares recently. The buy added 6,975 shares in total, or a 2.4 percent increase in the CEO’s holdings. Insider data at the company shows a mix of buys and sells. Most interestingly, however, the same CEO was a big seller of shares a year ago, when they traded 40 percent higher. Although shares are down substantially over the past year, revenues are flat ...
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Insider Trading Report: Nvidia (NVDA)

Stephen Neal, a director at Nvidia (NVDA) recently bought 450 shares of Nvidia. The purchase price came to just over $224,000. The director now owns just under 4,000 shares of the company. Neal has been a buyer of shares throughout the year, although this is his largest purchase year-to-date. Insiders have almost exclusively been sellers, as is typical of a large-cap tech company that issues large amounts of shares to employees. With the company’s latest product announcements and increased cryptocurrency mining demand, ...
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Insider Trading Report: Cigna Corp (CI)

Eric Palmer, the Chief Financial Officer at Cigna (CI), recently picked up 1,000 shares. The buy cost just over $168,000, and leaves the CFO with over 26,800 shares, a 3 percent increase. As a large, publicly-traded company, there are a number of both buys and sells over the past year, with sellers far outweighing buyers. This is the second insider buy since June. Generally, a CFO buy is a solid sign. As the company’s main expert on finances, a CFO tends to ...
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