Contrarian investors look to invest against the trend. When a stock price plunges on bad news and investors rush to sell, contrarians see an opportunity to exploit market's overreaction. When insiders in such stocks are buying, there is a good chance that the stock price is due for a recovery.
Largest purchases at companies trading at 50% or less of their 52-week high. When the market over-reacts to a negative event and causes a significant drop in the stock price, insiders may buy on the dip to reap a profit on the rebound.
Last Reported | Company | Industry Group | Industry | # Insiders | Historical Avg Return (6 Mo) | Last Trade | Avg. Price | Total Shares | Total |
---|---|---|---|---|---|---|---|---|---|
07-Jul-23 4:30 PM | Black Diamond Therapeutics,... (BDTX) | Other | Other | 3 | (4%) (51 decisions) | 05-Jul-23 | $5.18 | 4,675,850 | $24,234,286.00 |
31-Aug-23 6:02 PM | Globalstar Inc. (GSAT) | Telecommunications | Wireless Communications | 1 | (16%) (15 decisions) | 29-Aug-23 | $1.13 | 4,197,399 | $4,762,369.00 |
17-Jul-23 8:54 AM | Cadiz Inc. (CDZI) | Diversified Services | Business Services | 4 | 0% (7 decisions) | 13-Jul-23 | $3.80 | 328,000 | $1,248,000.00 |
18-Aug-23 5:30 PM | Superior Industries Interna... (SUP) | Automotive | Auto Parts | 1 | 0% (5 decisions) | 18-Aug-23 | $3.64 | 134,070 | $488,033.91 |
20-Jul-23 4:34 PM | Aqua Metals, Inc. (AQMS) | Materials & Construction | Waste Management | 3 | 11% (16 decisions) | 19-Jul-23 | $1.10 | 172,400 | $189,640.00 |
Largest purchases at companies trading within 10% of their 52-week low. Companies trading near their 52-week lows traditionally have limited downside, and when coupled with bullish insider buying may indicate good investment opportunities.
Last Reported | Company | Industry Group | Industry | # Insiders | Historical Avg Return (6 Mo) | Last Trade | Avg. Price | Total Shares | Total |
---|---|---|---|---|---|---|---|---|---|
25-Sep-23 7:59 PM | Maplebear Inc. (CART) | Other | Other | 2 | 0% (2 decisions) | 21-Sep-23 | $30.00 | 1,060,000 | $31,800,000.00 |
28-Sep-23 4:53 PM | Howard Hughes Holdings Inc. (HHH) | Other | Other | 1 | (1%) (21 decisions) | 28-Sep-23 | $74.14 | 197,880 | $14,670,513.00 |
17-Aug-23 4:58 PM | Heartland Express Inc. (HTLD) | Transportation | Trucking | 2 | < 1% (7 decisions) | 16-Aug-23 | $15.39 | 121,990 | $1,877,188.62 |
17-Aug-23 4:30 PM | Life Time Group Holdings, I... (LTH) | Other | Other | 2 | (5%) (7 decisions) | 17-Aug-23 | $16.82 | 52,951 | $890,556.31 |
15-Sep-23 7:00 PM | Tko Group Holdings, Inc. (TKO) | Other | Other | 1 | 0% (2 decisions) | 14-Sep-23 | $101.53 | 5,000 | $507,650.00 |