Large Insider Purchases
Institutional-Scale SEC Form 4 Buy Signals
The Signal of $1M+ Conviction
When a corporate executive invests more than $1,000,000 of their own capital into company shares, it represents the highest level of conviction. These seven-figure purchases reflect management's belief in the company's future value.
| Filing Date | Trade Date | Ticker | Company Name | Reporting Person | Relationship | Industry | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019-10-08 02:10 | 2019-10-03 | WMS | ADVANCED DRAINAGE SYSTEMS, INC. | JONES ROSS M | Director | Plastics Foam Products | BUY | $31.61 | 97,010 | $3,066,350 | 12,562,461 | +0.8% |
| 2019-10-08 00:35 | 2019-10-03 | CNST | N/A | COLUMN GROUP L P | 10% owner | Other | BUY | $8.50 | 1,411,764 | $11,999,994 | 159,155 | +100.0% |
| 2019-10-08 00:18 | 2019-10-04 | HRTX | HERON THERAPEUTICS, INC. /DE/ | TANG KEVIN C | Director | Pharmaceutical Preparations | BUY | $17.50 | 285,714 | $4,999,995 | 5,799,810 | +5.2% |
| 2019-10-07 23:43 | 2019-10-07 | FREQ | Korro Bio, Inc. | Flynn James E | 10% owner, Other | Pharmaceutical Preparations | BUY | $14.00 | 285,714 | $3,999,996 | 285,714 | +100.0% |
| 2019-10-04 23:54 | 2019-10-02 | BNED | Barnes & Noble Education, Inc. | Outerbridge Master Fund LP | 10% owner | Retail-Miscellaneous Shopping Goods Stores | BUY | $3.01 | 475,987 | $1,432,102 | 6,396,895 | +8.0% |
| 2019-10-04 16:50 | 2019-10-02 | IMMU | N/A | Avoro Capital Advisors LLC | Director, 10% owner, Other | Other | BUY | $13.52 | 1,500,000 | $20,280,000 | 22,500,000 | +7.1% |
| 2019-10-04 23:15 | 2019-10-02 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $43.37 | 24,000 | $1,040,880 | 24,000 | +100.0% |
| 2019-10-05 00:33 | 2019-10-03 | CNST | N/A | EVNIN ANTHONY B | Director | Other | BUY | $8.50 | 2,823,529 | $23,999,997 | 5,342,765 | +112.1% |
| 2019-10-04 23:30 | 2019-10-02 | THC | TENET HEALTHCARE CORP | GLENVIEW CAPITAL MANAGEMENT, LLC | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $20.50 | 261,540 | $5,360,498 | 19,708,959 | +1.3% |
| 2019-10-04 04:00 | 2019-10-01 | HOME | N/A | SOSIN CLIFFORD | 10% owner | Other | BUY | $9.59 | 470,106 | $4,508,740 | 8,815,320 | +5.6% |
| 2019-10-03 23:15 | 2019-09-30 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $4.71 | 726,645 | $3,422,571 | 16,777,949 | +4.5% |
| 2019-10-03 23:22 | 2019-10-01 | N/A | Runway Growth Finance Corp. | OCM Growth Holdings LLC | Director, 10% owner | Other | BUY | $15.00 | 1,086,494 | $16,297,404 | 11,586,829 | +10.3% |
| 2019-10-04 00:15 | 2019-10-01 | WMS | ADVANCED DRAINAGE SYSTEMS, INC. | Berkshire Partners Holdings LLC | 10% owner | Plastics Foam Products | BUY | $31.85 | 229,873 | $7,320,513 | 12,465,451 | +1.9% |
| 2019-10-04 00:10 | 2019-10-01 | WMS | ADVANCED DRAINAGE SYSTEMS, INC. | JONES ROSS M | Director | Plastics Foam Products | BUY | $31.85 | 229,873 | $7,320,513 | 12,465,451 | +1.9% |
| 2019-10-04 00:03 | 2019-10-02 | LGF | STARZ ENTERTAINMENT CORP /CN/ | RACHESKY MARK H MD | Director, 10% owner | Services-Motion Picture & Video Tape Production | BUY | $9.19 | 2,399,571 | $22,052,057 | 2,317,961 | +100.0% |
| 2019-10-04 01:17 | 2019-10-01 | RUN | Sunrun Inc. | TIGER GLOBAL MANAGEMENT LLC | 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $16.15 | 395,913 | $6,392,570 | 20,034,279 | +2.0% |
| 2019-10-03 02:25 | 2019-09-30 | PTON | PELOTON INTERACTIVE, INC. | TCV X Cycle, L.P. | Other | Sporting & Athletic Goods, NEC | BUY | $29.00 | 1,724,137 | $49,999,973 | 71,488 | +100.0% |
| 2019-10-03 02:23 | 2019-09-30 | PTON | PELOTON INTERACTIVE, INC. | TCV IX Cycle, L.P. | 10% owner, Other | Sporting & Athletic Goods, NEC | BUY | $29.00 | 1,724,138 | $50,000,002 | 94,100 | +100.0% |
| 2019-10-02 01:27 | 2019-09-27 | ONDS | Ondas Inc. | Brock Eric A | Director, Officer - CEO and Chairman | Radio & Tv Broadcasting & Communications Equipment | BUY | $2.50 | 400,000 | $1,000,000 | 5,473,585 | +7.9% |
| 2019-10-02 02:53 | 2019-09-29 | EYEG | KIORA PHARMACEUTICALS INC | ARMISTICE CAPITAL, LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $3.13 | 605,001 | $1,890,628 | 1,792,500 | +50.9% |
| 2019-10-02 02:07 | 2019-09-30 | SGMS | Light & Wonder, Inc. | PERELMAN RONALD O | Director, 10% owner | Services-Computer Integrated Systems Design | BUY | $20.42 | 50,000 | $1,021,000 | 36,793,768 | +0.1% |
| 2019-10-01 01:55 | 2019-09-26 | VXRT | Vaxart, Inc. | ARMISTICE CAPITAL, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.29 | 7,333,333 | $2,142,800 | 24,000,000 | +44.0% |
| 2019-10-01 01:47 | 2019-09-27 | PMFLX | PIMCO Flexible Municipal Income Fund | Roman Emmanuel | Other | Other | BUY | $10.74 | 279,329 | $2,999,993 | 279,329 | +100.0% |
| 2019-10-01 01:23 | 2019-09-26 | PTON | PELOTON INTERACTIVE, INC. | Draft Howard C. | Director | Sporting & Athletic Goods, NEC | BUY | $29.00 | 68,965 | $1,999,985 | 17,241 | +100.0% |
| 2019-10-01 01:12 | 2019-09-26 | ULTA | Ulta Beauty, Inc. | HEILBRONN CHARLES | Director | Retail-Retail Stores, NEC | BUY | $241.52 | 243,849 | $58,894,240 | 2,026,679 | +13.7% |
| 2019-10-01 00:29 | 2019-09-26 | ATEX | Anterix Inc. | Owl Creek Asset Management, L.P. | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $35.45 | 28,833 | $1,022,196 | 4,553,443 | +0.6% |
| 2019-10-01 04:58 | 2019-09-30 | FRGA | N/A | Vintage Capital Management LLC | 10% owner | Other | BUY | $12.00 | 1,343,334 | $16,120,008 | 10,329,429 | +14.9% |
| 2019-09-28 00:07 | 2019-09-27 | HDS | N/A | Wolfe Lauren Taylor | Director | Other | BUY | $38.55 | 600,000 | $23,130,000 | 600,000 | +100.0% |
| 2019-09-28 03:12 | 2019-09-25 | N/A | Blackstone Secured Lending Fund | Universities Superannuation Scheme Ltd as sole corporate trustee for Universities Superannuation Scheme | 10% owner, Other | Other | BUY | $25.69 | 1,167,770 | $30,000,011 | 5,938,418 | +24.5% |
| 2019-09-27 23:16 | 2019-09-27 | CTXR | Citius Pharmaceuticals, Inc. | Mazur Leonard L | Director, Officer, 10% owner - Executive Chairman | Pharmaceutical Preparations | BUY | $0.90 | 2,234,700 | $2,000,280 | 10,255,343 | +27.9% |
| 2019-09-27 23:31 | 2019-09-27 | VTVT | vTv Therapeutics Inc. | PERELMAN RONALD O | 10% owner | Pharmaceutical Preparations | BUY | $1.46 | 1,369,863 | $2,000,000 | 24,876,760 | +5.8% |
| 2019-09-28 01:34 | 2019-09-27 | SGMS | Light & Wonder, Inc. | PERELMAN RONALD O | Director, 10% owner | Services-Computer Integrated Systems Design | BUY | $20.83 | 100,000 | $2,083,000 | 36,743,768 | +0.3% |
| 2019-09-28 01:40 | 2019-09-25 | RUN | Sunrun Inc. | TIGER GLOBAL MANAGEMENT LLC | 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $17.01 | 632,000 | $10,752,469 | 19,638,366 | +3.3% |
| 2019-09-27 00:52 | 2019-09-24 | USAT | CANTALOUPE, INC. | Hudson Executive Capital LP | 10% owner | Calculating & Accounting Machines (No Electronic Computers) | BUY | $4.58 | 1,801,000 | $8,245,158 | 10,140,172 | +21.6% |
| 2019-09-26 04:17 | 2019-09-23 | DDOG | Datadog, Inc. | ICONIQ STRATEGIC PARTNERS II, L.P. | 10% owner | Services-Prepackaged Software | BUY | $27.00 | 525,000 | $14,175,000 | 325,500 | +100.0% |
| 2019-09-26 04:17 | 2019-09-23 | DDOG | Datadog, Inc. | Jacobson Matthew | Director | Services-Prepackaged Software | BUY | $27.00 | 525,000 | $14,175,000 | 325,500 | +100.0% |
| 2019-09-25 23:58 | 2019-09-25 | BECN | N/A | CD&R Investment Associates IX, Ltd. | 10% owner | Other | BUY | $32.08 | 3,207,200 | $102,886,655 | 13,757,361 | +30.4% |
| 2019-09-25 02:45 | 2019-09-18 | BNED | Barnes & Noble Education, Inc. | Outerbridge Master Fund LP | 10% owner | Retail-Miscellaneous Shopping Goods Stores | BUY | $3.21 | 1,073,216 | $3,439,979 | 5,861,580 | +22.4% |
| 2019-09-25 03:09 | 2019-09-20 | RUN | Sunrun Inc. | TIGER GLOBAL MANAGEMENT LLC | 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $16.99 | 1,139,797 | $19,360,820 | 19,006,366 | +6.4% |
| 2019-09-24 16:42 | 2019-08-30 | N-A | N/A | BECKER ERIC D | Director | Other | BUY | $10.00 | 100,000 | $1,000,000 | 100,000 | +100.0% |
| 2019-09-25 01:30 | 2019-09-23 | VBIV | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $0.50 | 20,000,000 | $10,000,000 | 45,951,556 | +77.1% |
| 2019-09-24 16:45 | 2019-08-30 | N-A | N/A | STEIN AVY H | Director | Other | BUY | $10.00 | 100,000 | $1,000,000 | 100,000 | +100.0% |
| 2019-09-23 23:17 | 2019-09-19 | APXTU | AvePoint, Inc. | Apex Technology Sponsor LLC | 10% owner | Services-Prepackaged Software | BUY | $10.00 | 657,500 | $6,575,000 | 657,500 | +100.0% |
| 2019-09-24 03:48 | 2019-09-19 | VBIV | N/A | GILLIS STEVEN | Director | Other | BUY | $0.50 | 10,000,000 | $5,000,000 | 13,026,057 | +330.5% |
| 2019-09-24 00:01 | 2019-09-20 | SGMS | Light & Wonder, Inc. | PERELMAN RONALD O | Director, 10% owner | Services-Computer Integrated Systems Design | BUY | $22.98 | 100,000 | $2,298,000 | 36,643,768 | +0.3% |
| 2019-09-23 23:39 | 2019-09-20 | GGO-A | N/A | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $41.35 | 27,630 | $1,142,501 | 39,537 | +232.0% |
| 2019-09-24 04:43 | 2019-09-23 | XGN | EXAGEN INC. | H.I.G. Bio-Exagen, L.P. | 10% owner | Services-Medical Laboratories | BUY | $14.00 | 425,000 | $5,950,000 | 1,696,252 | +33.4% |
| 2019-09-20 23:06 | 2014-04-23 | MS | MORGAN STANLEY | MITSUBISHI UFJ FINANCIAL GROUP INC | 10% owner | Security Brokers, Dealers & Flotation Companies | BUY | $1.01 | 1,894,000 | $1,909,152 | 0 | +100.0% |
| 2019-09-20 23:38 | 2019-09-18 | KHC | Kraft Heinz Co | Van Damme Alexandre | Director | Canned, Frozen & Preservd Fruit, Veg & Food Specialties | BUY | $28.45 | 250,000 | $7,112,500 | 250,000 | +100.0% |
| 2019-09-21 04:54 | 2019-09-18 | IGMS | N/A | Topsoe Jakob Haldor | Director, 10% owner | Other | BUY | $16.00 | 1,285,475 | $20,570,942 | 10,289,453 | +14.3% |
Institutional Conviction in Form 4
Tracking these institutional-scale purchases allows you to follow the "smart money" when their conviction is highest. When an executive or a 10% beneficial owner commits a seven-figure sum to an open-market transaction, it bypasses the routine noise of stock-based compensation. These trades are often a precursor to major corporate developments or a signal that management views the current market valuation as significantly disconnected from the company’s internal growth trajectory. By monitoring these high-value entries, investors can align their portfolios with the capital of those who possess the most intimate understanding of a business's long-term health and potential.
Filtering the Market Noise
Our platform is designed to eliminate the noise and focus strictly on high-impact accumulation from directors and CEOs betting big on their company’s future. The SEC EDGAR database is frequently flooded with thousands of automated Form 4 filings, many of which involve small, technical, or pre-scheduled trades that offer little predictive value for the average investor. By applying a strict $1,000,000 minimum threshold, we isolate the transactions where insiders are taking substantial personal financial risk. This high-conviction filter serves as a powerful transparency tool, identifying the exact moments when corporate leadership moves away from passive ownership toward aggressive capital deployment.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.