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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-03-18 23:30 | 2016-03-18 | TSRO | N/A | ORONSKY ARNOLD L | Director | Other | BUY | $35.19 | 142,085 | $4,999,971 | 2,013,786 | +7.6% |
| 2016-03-18 23:30 | 2016-03-18 | TSRO | N/A | SEIDENBERG BETH C | Director | Other | BUY | $35.19 | 1,420,858 | $49,999,993 | 227,255 | +100.0% |
| 2016-03-19 01:01 | 2016-03-16 | CAPR | CAPRICOR THERAPEUTICS, INC. | St. John Edward A. | 10% owner | Pharmaceutical Preparations | BUY | $2.40 | 833,332 | $1,999,997 | 842,439 | +9,150.5% |
| 2016-03-19 02:22 | 2016-03-16 | CARA | Tvardi Therapeutics, Inc. | RHO Ventures VI LP | 10% owner | Pharmaceutical Preparations | BUY | $4.87 | 400,000 | $1,949,200 | 3,068,057 | +15.0% |
| 2016-03-19 00:37 | 2016-03-18 | TSRO | N/A | BARRIS PETER J | 10% owner | Other | BUY | $35.19 | 1,420,858 | $49,999,993 | 710,429 | +100.0% |
| 2016-03-17 23:05 | 2016-03-15 | COCP | Cocrystal Pharma, Inc. | Schinazi Raymond F | Director, 10% owner | Pharmaceutical Preparations | BUY | $0.51 | 2,941,176 | $1,500,000 | 275,520,853 | +1.1% |
| 2016-03-17 23:05 | 2016-03-15 | COCP | Cocrystal Pharma, Inc. | FROST PHILLIP MD ET AL | Director, 10% owner | Pharmaceutical Preparations | BUY | $0.51 | 2,941,177 | $1,500,000 | 106,500,147 | +2.8% |
| 2016-03-18 00:15 | 2016-03-15 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | Real Estate | BUY | $43.55 | 30,000 | $1,306,401 | 3,426,850 | +0.9% |
| 2016-03-17 20:12 | 2016-03-11 | FNBG | N/A | ATWOOD THOMAS G | Director, 10% owner | Other | BUY | $29.31 | 154,764 | $4,536,133 | 120,554 | +100.0% |
| 2016-03-18 02:14 | 2016-03-15 | INCY | INCYTE CORP | BAKER JULIAN | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $63.98 | 800,000 | $51,184,160 | 19,757,285 | +4.2% |
| 2016-03-18 01:08 | 2016-03-15 | STMP | N/A | JONES G BRADFORD | Director | Other | BUY | $113.15 | 10,000 | $1,131,500 | 57,286 | +21.1% |
| 2016-03-18 03:18 | 2016-03-16 | ABTL | N/A | CARPENTER MICHAEL A | Director | Other | BUY | $18,248.00 | 5,000 | $91,240,000 | 10,000 | +100.0% |
| 2016-03-17 22:08 | 2016-03-15 | ESNT | Essent Group Ltd. | PBRA (CAYMAN) Co | 10% owner, Other | Surety Insurance | BUY | $19.56 | 265,017 | $5,184,342 | 10,708,652 | +2.5% |
| 2016-03-16 17:38 | 2015-12-15 | RCIAX | N/A | Resource Financial Fund Management, Inc. | Other | Other | BUY | $9.82 | 152,749 | $1,500,000 | 152,749 | +100.0% |
| 2016-03-17 03:09 | 2016-03-14 | SRPT | Sarepta Therapeutics, Inc. | Barry Richard | Director | Pharmaceutical Preparations | BUY | $15.66 | 75,000 | $1,174,185 | 3,241,014 | +2.4% |
| 2016-03-16 23:14 | 2016-03-14 | WES | N/A | ANADARKO PETROLEUM CORP | 10% owner | Other | BUY | $29.91 | 2,089,602 | $62,499,996 | 52,143,426 | +4.2% |
| 2016-03-17 00:17 | 2016-03-14 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $41.94 | 82,234 | $3,448,845 | 4,475,083 | +1.9% |
| 2016-03-17 03:15 | 2016-03-14 | SRPT | Sarepta Therapeutics, Inc. | BEHRENS M KATHLEEN | Director | Pharmaceutical Preparations | BUY | $16.28 | 75,000 | $1,220,708 | 21,855 | +100.0% |
| 2016-03-17 01:56 | 2016-03-15 | AQXP | Neurogene Inc. | BAKER BROS. ADVISORS LP | 10% owner | Pharmaceutical Preparations | BUY | $7.99 | 471,667 | $3,770,647 | 6,928,119 | +7.3% |
| 2016-03-17 01:57 | 2016-03-14 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $32.10 | 1,349,237 | $43,311,992 | 38,671,506 | +3.6% |
| 2016-03-16 23:48 | 2016-03-14 | FLML | AVADEL PHARMACEUTICALS PLC | STAPLETON CRAIG R | Director | Pharmaceutical Preparations | BUY | $10.39 | 100,000 | $1,039,400 | 482,450 | +26.1% |
| 2016-03-15 16:00 | 2016-03-11 | OVAS | Tempest Therapeutics, Inc. | Dipp Michelle | Director, Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $7.60 | 162,732 | $1,237,089 | 162,732 | +100.0% |
| 2016-03-16 01:17 | 2016-03-11 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $14.88 | 319,293 | $4,751,623 | 4,569,089 | +7.5% |
| 2016-03-15 23:38 | 2016-03-11 | PSG | N/A | Sagard Capital Partners, L.P. | 10% owner | Other | BUY | $3.96 | 651,400 | $2,580,391 | 6,862,688 | +10.5% |
| 2016-03-16 00:57 | 2016-03-11 | EDGE | PDS Biotechnology Corp | HEALY JAMES | Director | Pharmaceutical Preparations | BUY | $7.30 | 541,343 | $3,951,641 | 2,852,711 | +23.4% |
| 2016-03-15 23:09 | 2016-03-11 | TPX | SOMNIGROUP INTERNATIONAL INC. | THOMPSON SCOTT L | Director, Officer - CEO & PRESIDENT | Household Furniture | BUY | $57.67 | 35,000 | $2,018,394 | 104,686 | +50.2% |
| 2016-03-15 16:01 | 2016-03-11 | OVAS | Tempest Therapeutics, Inc. | ALDRICH RICHARD | Director | Pharmaceutical Preparations | BUY | $7.60 | 162,732 | $1,237,089 | 162,732 | +100.0% |
| 2016-03-15 23:31 | 2016-03-14 | TBPH | Theravance Biopharma, Inc. | GLAXOSMITHKLINE PLC | 10% owner | Pharmaceutical Preparations | BUY | $23,027,965.50 | 1,301,015 | $29,959,728,534,983 | 9,644,807 | +15.6% |
| 2016-03-14 23:44 | 2016-03-10 | ECL | ECOLAB INC. | GATES WILLIAM H III | 10% owner | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics | BUY | $105.36 | 499,999 | $52,678,795 | 28,420,393 | +1.8% |
| 2016-03-11 23:28 | 2016-03-09 | CNA | CNA FINANCIAL CORP | LOEWS CORP | 10% owner | Fire, Marine & Casualty Insurance | BUY | $30.20 | 105,100 | $3,174,377 | 242,649,773 | +0.0% |
| 2016-03-12 02:49 | 2016-03-07 | IEEC | N/A | Kiles James Jacob | Officer - CEO & President | Other | BUY | $15,000.00 | 6,000,000 | $90,000,000,000 | 6,000,000 | +100.0% |
| 2016-03-12 00:35 | 2016-03-09 | GI | N/A | Kaufman David L | Director | Other | BUY | $4.64 | 227,700 | $1,057,006 | 1,998,759 | +12.9% |
| 2016-03-12 02:37 | 2016-03-09 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $42.04 | 53,267 | $2,239,393 | 4,392,849 | +1.2% |
| 2016-03-12 02:13 | 2016-03-09 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $32.46 | 694,666 | $22,551,290 | 37,454,776 | +1.9% |
| 2016-03-12 01:21 | 2016-03-10 | ESNT | Essent Group Ltd. | PBRA (CAYMAN) Co | 10% owner, Other | Surety Insurance | BUY | $19.50 | 143,097 | $2,790,592 | 10,443,635 | +1.4% |
| 2016-03-10 23:52 | 2016-03-09 | N-A | Crescent Capital BDC, Inc. | UFCW-Northern California Employers Joint Pension Plan | 10% owner | Other | BUY | $19.22 | 2,765,987 | $53,159,508 | 1,075,372 | +100.0% |
| 2016-03-11 05:27 | 2016-03-08 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $14.96 | 361,871 | $5,412,866 | 4,249,796 | +9.3% |
| 2016-03-11 00:24 | 2016-03-09 | N-A | Crescent Capital BDC, Inc. | Allied World Assurance Co Holdings, AG | 10% owner | Other | BUY | $19.22 | 221,832 | $4,263,382 | 1,662,947 | +15.4% |
| 2016-03-11 00:38 | 2016-03-08 | ESNT | Essent Group Ltd. | PBRA (CAYMAN) Co | 10% owner, Other | Surety Insurance | BUY | $19.42 | 289,838 | $5,628,857 | 10,300,538 | +2.9% |
| 2016-03-11 05:25 | 2016-03-08 | LORL | N/A | RACHESKY MARK H MD | Director, 10% owner | Other | BUY | $35.70 | 190,000 | $6,783,000 | 1,211,467 | +18.6% |
| 2016-03-09 20:39 | 2016-03-09 | N-A | Crescent Capital BDC, Inc. | Fidelity & Guaranty Life | 10% owner | Other | BUY | $19.22 | 221,832 | $4,263,382 | 1,662,947 | +15.4% |
| 2016-03-10 01:06 | 2016-03-07 | APPF | Appfolio Inc. | STAD MARC | 10% owner | Services-Prepackaged Software | BUY | $11.83 | 109,094 | $1,291,007 | 1,646,066 | +7.1% |
| 2016-03-10 00:30 | 2016-02-26 | GLYE | N/A | WYNNEFIELD PARTNERS SMALL CAP VALUE LP | 10% owner | Other | BUY | $0.08 | 18,750,001 | $1,500,000 | 15,261,361 | +100.0% |
| 2016-03-09 01:22 | 2016-03-04 | AGR | N/A | Galan Ignacio Sanchez | Director | Other | BUY | $38.47 | 100,000 | $3,846,700 | 100,000 | +100.0% |
| 2016-03-09 02:01 | 2016-03-04 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $41.45 | 52,328 | $2,169,027 | 4,339,582 | +1.2% |
| 2016-03-08 22:34 | 2016-03-04 | ERC | ALLSPRING MULTI-SECTOR INCOME FUND | Saba Capital Management, L.P. | 10% owner | Other | BUY | $11.67 | 93,457 | $1,090,718 | 5,207,565 | +1.8% |
| 2016-03-09 01:43 | 2016-03-04 | CBAK | CBAK Energy Technology, Inc. | Li Yunfei | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $2.40 | 3,000,000 | $7,200,000 | 3,030,000 | +10,000.0% |
| 2016-03-09 01:04 | 2016-03-04 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $22.66 | 502,523 | $11,386,719 | 36,830,268 | +1.4% |
| 2016-03-09 02:38 | 2016-03-08 | SNDX | Syndax Pharmaceuticals Inc | ROYSTON IVOR | Director | Pharmaceutical Preparations | BUY | $12.00 | 150,000 | $1,800,000 | 750,545 | +25.0% |
| 2016-03-08 05:24 | 2016-03-03 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $14.36 | 601,363 | $8,634,370 | 3,887,925 | +18.3% |
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.