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Trading Ideas? : Last week's notable insider stock transactions

Trading Ideas can sometimes be seen by looking at what a company insiders are doing.

It is assumed they know something that we don't. So sometimes look thru this list for new ideas.


NOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week, from October 5 through October 9, include:

  • Beneficial owner of Arcutis Biotherapeutics ($ARQT) Orbimed Advisors purchased 496,000 shares of company stock at $25 per share for a total transaction of $12,400,000

Beneficial owner of Marchex ($MCHX) Edenbrook Capital purchased 5,000,000 shares of company stock at $2.15 per share for a total transaction of $10,750,000

Chairman of Element Solutions ($ESI) Martin Franklin purchased 500,000 shares of company stock at $11.50 per share for a total transaction of $5,750,000

Director of Selecta Biosciences ($SELB) Timothy Springer purchased 3,185,394 shares of company stock at $1.71 per share for a total transaction of $5,445,113

CEO of Kubient ($KBNT) Peter Bordes purchased 19,742 shares of company stock at $2.58 per share for a total transaction of $51,031


NOTABLE INSIDER SALES: Significant insider sales reported in the prior week, from October 5 through October 9, include:

  • Beneficial owner of Sunrun ($RUN) Tiger Global sold 1,250,000 shares of company stock at $79.77 per share for a total transaction of $99,712,375

Beneficial owner of Michaels ($MIK) Blackstone Management sold 10,000,000 shares of company stock at $10.02 per share for a total transaction of $100,200,000

Beneficial owner of Bloom Energy ($BE) Canada Pension Plan sold 9,206,695 shares of company stock at $15.90 per share for a total transaction of $146,386,451

Beneficial owner of Sunnova Energy ($NOVA) ECP ControlCo sold 5,000,000 shares of company stock at $28.00 per share for a total transaction of $140,000,000

Chairman of Corsair Gaming ($CRSR) George Majoros sold 1,135,375 shares of company stock at $17.00 per share for a total transaction of $19,301,375.


NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Element Solutions are up approximately 6% since Chairman Martin Franklin purchased shares, while shares of Sunrun are down approximately 15% since beneficial owner Tiger Global sold shares.


Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.

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