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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017-01-31 01:02 | 2017-01-26 | ADS | BREAD FINANCIAL HOLDINGS, INC. | ValueAct Holdings, L.P. | 10% owner, Other | Personal Credit Institutions | BUY | $218.56 | 57,400 | $12,545,269 | 5,877,400 | +1.0% |
| 2017-01-28 01:26 | 2017-01-25 | ARNC | Howmet Aerospace Inc. | ELLIOTT INTERNATIONAL, L.P. | 10% owner | Rolling Drawing & Extruding of Nonferrous Metals | BUY | $22.63 | 544,000 | $12,309,306 | 31,213,451 | +1.8% |
| 2017-01-28 01:25 | 2017-01-25 | ARNC | Howmet Aerospace Inc. | ELLIOTT ASSOCIATES, L.P. | 10% owner | Rolling Drawing & Extruding of Nonferrous Metals | BUY | $22.63 | 256,000 | $5,792,614 | 14,688,682 | +1.8% |
| 2017-01-27 00:08 | 2017-01-24 | OZM | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $3.20 | 1,357,680 | $4,344,576 | 22,238,592 | +6.5% |
| 2017-01-25 16:45 | 2017-01-23 | ARNC | Howmet Aerospace Inc. | ELLIOTT INTERNATIONAL, L.P. | 10% owner | Rolling Drawing & Extruding of Nonferrous Metals | BUY | $21.61 | 544,000 | $11,755,677 | 30,669,451 | +1.8% |
| 2017-01-25 16:43 | 2017-01-23 | ARNC | Howmet Aerospace Inc. | ELLIOTT ASSOCIATES, L.P. | 10% owner | Rolling Drawing & Extruding of Nonferrous Metals | BUY | $21.61 | 256,000 | $5,532,083 | 14,432,682 | +1.8% |
| 2017-01-26 01:42 | 2017-01-23 | ADS | BREAD FINANCIAL HOLDINGS, INC. | ValueAct Holdings, L.P. | 10% owner, Other | Personal Credit Institutions | BUY | $228.35 | 210,100 | $47,975,852 | 5,820,000 | +3.7% |
| 2017-01-25 04:21 | 2017-01-20 | ADES | Arq Inc. | Alta Fundamental Advisers LLC | Director | Miscellaneous Chemical Products | BUY | $9.00 | 231,271 | $2,081,439 | 1,094,246 | +26.8% |
| 2017-01-25 00:28 | 2017-01-23 | FDML | N/A | ICAHN CARL C | 10% owner | Other | BUY | $10.00 | 16,766,401 | $167,664,010 | 155,366,542 | +12.1% |
| 2017-01-25 01:19 | 2017-01-20 | EGLE | N/A | Oaktree Capital Group Holdings GP, LLC | 10% owner | Other | BUY | $4.50 | 7,600,000 | $34,200,000 | 23,017,928 | +49.3% |
| 2017-01-25 01:17 | 2017-01-22 | SWFT | N/A | Strategic Value Partners, LLC | Director, 10% owner | Other | BUY | $28.50 | 805,000 | $22,942,500 | 4,460,319 | +22.0% |
| 2017-01-24 00:03 | 2017-01-19 | HRTX | HERON THERAPEUTICS, INC. /DE/ | TANG KEVIN C | Director, 10% owner | Pharmaceutical Preparations | BUY | $12.20 | 2,459,016 | $29,999,995 | 8,332,907 | +41.9% |
| 2017-01-21 00:56 | 2017-01-18 | AQB | AquaBounty Technologies Inc. | KIRK RANDAL J | 10% owner | Fishing, Hunting and Trapping | BUY | $10.33 | 2,421,073 | $25,009,684 | 5,161,247 | +88.4% |
| 2017-01-19 01:44 | 2017-01-13 | VIRT | Virtu Financial, Inc. | TJMT Holdings LLC | Director, Officer, 10% owner, Other - See Viola, Vincent J. | Security Brokers, Dealers & Flotation Companies | BUY | $15.99 | 65,973 | $1,054,790 | 575,657 | +12.9% |
| 2017-01-19 00:26 | 2017-01-18 | IPDN | Professional Diversity Network, Inc. | Cosmic Forward Ltd | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $9.60 | 312,500 | $3,000,000 | 2,295,842 | +15.8% |
| 2017-01-19 04:12 | 2017-01-13 | KIN | N/A | Park West Asset Management LLC | 10% owner | Other | BUY | $6.20 | 1,690,000 | $10,478,000 | 3,964,138 | +74.3% |
| 2017-01-17 19:57 | 2017-01-13 | LAWS | Distribution Solutions Group, Inc. | KING LUTHER CAPITAL MANAGEMENT CORP | 10% owner | Wholesale-Machinery, Equipment & Supplies | BUY | $23.05 | 232,616 | $5,361,589 | 2,210,704 | +11.8% |
| 2017-01-14 01:43 | 2017-01-11 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | Real Estate | BUY | $39.92 | 140,600 | $5,612,794 | 3,574,350 | +4.1% |
| 2017-01-14 00:39 | 2017-01-12 | RVP | RETRACTABLE TECHNOLOGIES INC | SHAW THOMAS J | Director, Officer, 10% owner - President and CEO | Surgical & Medical Instruments & Apparatus | BUY | $0.89 | 2,000,000 | $1,780,000 | 12,065,642 | +19.9% |
| 2017-01-14 00:15 | 2017-01-11 | REGN | REGENERON PHARMACEUTICALS, INC. | Sanofi | 10% owner | Pharmaceutical Preparations | BUY | $369.71 | 87,298 | $32,274,874 | 23,505,694 | +0.4% |
| 2017-01-13 01:17 | 2017-01-10 | LOXO | N/A | AISLING CAPITAL III LP | 10% owner | Other | BUY | $31.00 | 160,000 | $4,960,000 | 4,188,920 | +4.0% |
| 2017-01-13 02:08 | 2017-01-11 | NICK | OLD MARKET CAPITAL Corp | MAGNOLIA CAPITAL FUND, LP | 10% owner | Short-Term Business Credit Institutions | BUY | $11.75 | 102,155 | $1,200,372 | 1,082,763 | +10.4% |
| 2017-01-10 17:13 | 2016-12-30 | NA | N/A | STRS OHIO | 10% owner | Other | BUY | $15.00 | 173,309 | $2,599,638 | 12,194,798 | +1.4% |
| 2017-01-11 01:00 | 2017-01-06 | MRTX | N/A | Braslyn Ltd. | 10% owner | Other | BUY | $5.60 | 581,870 | $3,258,472 | 2,573,955 | +29.2% |
| 2017-01-11 01:34 | 2017-01-09 | DVMT | Dell Technologies Inc. | DELL MICHAEL S | Director, Officer - Chief Executive Officer | Electronic Computers | BUY | $27.50 | 254,545 | $7,000,000 | 287,120 | +781.4% |
| 2017-01-10 19:39 | 2016-12-28 | N/A | N/A | SBI Holdings, Inc. | 10% owner | Other | BUY | $1,594,760.62 | 224,400 | $357,864,283,936 | 8,252,456 | +2.8% |
| 2017-01-11 00:59 | 2017-01-06 | OZM | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $3.25 | 653,900 | $2,122,363 | 20,630,912 | +3.3% |
| 2017-01-11 03:31 | 2017-01-09 | AXDX | N/A | PATIENCE JOHN | Director, 10% owner | Other | BUY | $19.00 | 52,700 | $1,001,300 | 2,110,662 | +2.6% |
| 2017-01-11 03:32 | 2017-01-09 | AXDX | N/A | SCHULER JACK W | Director, 10% owner | Other | BUY | $19.00 | 339,368 | $6,447,992 | 952,678 | +55.3% |
| 2017-01-11 01:00 | 2017-01-06 | MRTX | N/A | Boxer Capital, LLC | 10% owner | Other | BUY | $5.60 | 286,163 | $1,602,513 | 435,444 | +191.7% |
| 2017-01-09 14:05 | 2017-01-04 | DXR | DAXOR CORP | FELDSCHUH JOSEPH | Officer, 10% owner - Chairman | Other | BUY | $8.50 | 172,000 | $1,462,000 | 3,010,482 | +6.1% |
| 2017-01-09 21:39 | 2016-06-20 | WLH | N/A | GMT CAPITAL CORP | 10% owner | Other | BUY | $16.64 | 62,400 | $1,038,336 | 4,833,317 | +1.3% |
| 2017-01-10 02:46 | 2017-01-09 | AQXP | Neurogene Inc. | BAKER BROS. ADVISORS LP | 10% owner | Pharmaceutical Preparations | BUY | $17.18 | 398,062 | $6,836,794 | 9,764,459 | +4.2% |
| 2017-01-06 15:20 | 2017-01-04 | TRXC | N/A | SOFAR, S.p.A | 10% owner | Other | BUY | $1.40 | 3,722,685 | $5,226,650 | 19,266,098 | +24.0% |
| 2017-01-06 22:42 | 2016-12-30 | FNBG | N/A | ATWOOD THOMAS G | Director, 10% owner | Other | BUY | $32.55 | 215,653 | $7,019,505 | 342,232 | +170.4% |
| 2017-01-07 00:11 | 2017-01-04 | BCEI | CIVITAS RESOURCES, INC. | FIR TREE INC. | 10% owner | Crude Petroleum & Natural Gas | BUY | $1.34 | 3,618,922 | $4,855,870 | 8,586,485 | +72.9% |
| 2017-01-06 01:26 | 2017-01-03 | OZM | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $3.23 | 1,027,020 | $3,314,604 | 19,977,012 | +5.4% |
| 2017-01-05 01:13 | 2016-12-30 | INSE | Inspired Entertainment, Inc. | Alvarez Luke Lyon | Director, Officer - Chief Executive Officer | Services-Prepackaged Software | BUY | $10.00 | 150,720 | $1,507,200 | 1,091,303 | +16.0% |
| 2017-01-04 22:15 | 2016-12-30 | CELH | Celsius Holdings, Inc. | Chau Hoi Shuen Solina Holly | 10% owner | Bottled & Canned Soft Drinks & Carbonated Waters | BUY | $3.00 | 533,333 | $1,599,999 | 5,376,030 | +11.0% |
| 2017-01-04 22:58 | 2016-12-30 | CELH | Celsius Holdings, Inc. | Li Ka Shing | 10% owner | Bottled & Canned Soft Drinks & Carbonated Waters | BUY | $3.00 | 800,000 | $2,400,000 | 7,710,113 | +11.6% |
| 2017-01-04 22:26 | 2016-12-30 | VSAR | Aravive, Inc. | PERCEPTIVE ADVISORS LLC | 10% owner | Pharmaceutical Preparations | BUY | $14.66 | 94,750 | $1,388,846 | 4,013,411 | +2.4% |
| 2017-01-04 22:51 | 2016-12-30 | VSAR | Aravive, Inc. | PERCEPTIVE ADVISORS LLC | 10% owner | Pharmaceutical Preparations | BUY | $14.66 | 71,063 | $1,041,641 | 3,989,724 | +1.8% |
| 2017-01-05 03:03 | 2016-12-31 | DPM | N/A | DCP MIDSTREAM, LLC | 10% owner | Other | BUY | $21.17 | 48,776,234 | $1,032,744,080 | 52,762,526 | +1,223.6% |
| 2017-01-03 21:44 | 2016-12-29 | N-A | Crescent Capital BDC, Inc. | UFCW-Northern California Employers Joint Pension Plan | 10% owner | Other | BUY | $19.85 | 72,764 | $1,444,445 | 1,456,317 | +5.3% |
| 2017-01-04 02:12 | 2016-12-30 | HGBL | Heritage Global Inc. | SILBER ALLAN C | Director, 10% owner | Services-Business Services, NEC | BUY | $0.49 | 2,928,462 | $1,434,946 | 4,413,645 | +197.2% |
| 2016-12-30 20:19 | 2016-12-27 | N/A | Blue Owl Capital Corp | REGENTS OF THE UNIVERSITY OF CALIFORNIA | 10% owner | Other | BUY | $14.86 | 4,301,443 | $63,919,443 | 6,120,015 | +236.5% |
| 2016-12-31 00:43 | 2016-12-28 | OZM | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $3.19 | 513,480 | $1,640,466 | 18,949,992 | +2.8% |
| 2016-12-31 01:06 | 2016-12-28 | THM | INTERNATIONAL TOWER HILL MINES LTD | PAULSON & CO. INC. | 10% owner | Metal Mining | BUY | $0.48 | 32,429,842 | $15,566,324 | 55,487,842 | +140.6% |
| 2016-12-30 00:37 | 2016-12-29 | RMGH | N/A | Children's Trust C/U The Donald R. Wilson 2009 GRAT #1 | 10% owner | Other | BUY | $0.62 | 1,828,445 | $1,133,636 | 12,314,330 | +17.4% |
| 2016-12-30 00:28 | 2016-12-27 | VRA | Vera Bradley, Inc. | Miller Patricia R. | Director, 10% owner | Leather & Leather Products | BUY | $15.60 | 1,099,839 | $17,157,488 | 3,300,497 | +50.0% |
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.