OptionsHawk monitors insider trading activity daily and pay the greatest attention to insider buying as while selling is done for a multitude of reasons, buying is always a positive signal from management. We often notice insider activity aligning with key technical/valuation levels and can also draw conclusions from related options activity. We focus on the most intriguing insider buys which may be ones at attractive valuation, ones that are large and/or rare, or when buyers are active with shares strong and near highs.
Insider Buys into Leading Diversified Asset Manager into Weakness
Blackrock (BLK) with a large open market buy on 4/14 from director William Ford of 3,000 shares at $687.96, a more than $2M investment. BLK shares are down nearly 30% from 52-week highs and back at the 38.2% Fibonacci retracement of the rally from the post-pandemic...
Small-Cap Play on Live Events, Experiences Draws Insider Buys
Vivid Seats (SEAT) hitting some bullish technical scans to kick off the week and follows insider buying on 3/14 when a director added $300K in stock at $10.57, an intriguing setup overall that warrants a closer look. SEAT is a $2.18B operator of an independent...
Insiders Active in Sonoco (SON) After Big M&A Deal in Late 2021
Sonoco (SON) starting to work higher out of a multi-month downtrend from the May 2021 highs and seeing insiders active last week with $125K in stock bought by the Treasurer and VP at $56.45. This is the first open market buy since 2020 at $48 when a director bought...