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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-03-09 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% |
| 2016-03-07 19:45 | 2016-02-29 | BBLG | Bone Biologics Corp | MUSCULOSKELETAL TRANSPLANT FOUNDATION, INC. | 10% owner | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $2.05 | 731,707 | $1,499,999 | 11,640,096 | +6.7% |
| 2016-03-08 02:04 | 2016-03-03 | KW | Kennedy-Wilson Holdings, Inc. | MCMORROW WILLIAM J | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Real Estate | BUY | $20.71 | 84,438 | $1,748,576 | 11,770,332 | +0.7% |
| 2016-03-08 00:55 | 2016-03-03 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $220.85 | 41,655 | $9,199,544 | 3,066,731 | +1.4% |
| 2016-03-08 01:28 | 2016-03-07 | TASR | AXON ENTERPRISE, INC. | Partovi Hadi | Director | Ordnance & Accessories, (No Vehicles/Guided Missiles) | BUY | $19.85 | 100,000 | $1,985,000 | 267,406 | +59.7% |
| 2016-03-08 01:33 | 2016-03-03 | APRI | N/A | DENNER ALEXANDER J | 10% owner | Other | BUY | $0.88 | 6,647,728 | $5,850,001 | 14,479,053 | +84.9% |
| 2016-03-07 14:10 | 2016-03-04 | LORL | N/A | RACHESKY MARK H MD | Director, 10% owner | Other | BUY | $33.61 | 209,700 | $7,048,919 | 1,040,368 | +25.2% |
| 2016-03-04 14:01 | 2016-03-02 | AAT | American Assets Trust, Inc. | RADY ERNEST S | Director, Officer, 10% owner - Chairman, CEO & President | Real Estate Investment Trusts | BUY | $37.67 | 33,948 | $1,278,903 | 589,072 | +6.1% |
| 2016-03-04 21:57 | 2016-03-02 | DSU | BLACKROCK DEBT STRATEGIES FUND, INC. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $3.36 | 491,666 | $1,651,604 | 24,719,753 | +2.0% |
| 2016-03-04 01:17 | 2016-03-02 | CLI | Veris Residential, Inc. | Litt Jonathan | Director | Real Estate Investment Trusts | BUY | $20.75 | 48,400 | $1,004,315 | 866,300 | +5.9% |
| 2016-03-04 00:09 | 2016-03-01 | APPF | Appfolio Inc. | STAD MARC | 10% owner | Services-Prepackaged Software | BUY | $12.00 | 260,000 | $3,120,000 | 1,537,017 | +20.4% |
| 2016-03-04 03:53 | 2016-03-01 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $40.26 | 65,953 | $2,655,268 | 4,287,254 | +1.6% |
| 2016-03-04 00:37 | 2016-03-01 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $214.81 | 64,098 | $13,769,173 | 267,369 | +31.5% |
| 2016-03-04 00:22 | 2016-03-01 | LJPC | N/A | TANG KEVIN C | Director, 10% owner | Other | BUY | $17.82 | 160,000 | $2,851,488 | 3,032,130 | +5.6% |
| 2016-03-03 16:52 | 2016-02-29 | RSSS | Research Solutions, Inc. | BRISTOL INVESTMENT FUND LTD | 10% owner | Services-Business Services, NEC | BUY | $1,270.00 | 2,000 | $2,540,000 | 4,785,910 | +0.0% |
| 2016-03-04 00:19 | 2016-03-01 | WTW | WW INTERNATIONAL, INC. | LAINOVIC SACHA | Director | Services-Personal Services | BUY | $12.04 | 83,125 | $1,000,418 | 107,618 | +339.4% |
| 2016-03-04 00:17 | 2016-03-01 | WTW | WW INTERNATIONAL, INC. | DEBBANE RAYMOND | Director | Services-Personal Services | BUY | $12.03 | 83,125 | $1,000,168 | 107,618 | +339.4% |
| 2016-03-03 00:06 | 2016-03-02 | M | Macy's, Inc. | Gennette Jeffrey | Officer - President | Retail-Department Stores | BUY | $43.81 | 25,000 | $1,095,248 | 57,359 | +77.3% |
| 2016-03-03 02:21 | 2016-02-29 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner, Other | Other | BUY | $13.51 | 441,170 | $5,961,310 | 3,286,562 | +15.5% |
| 2016-03-03 00:32 | 2016-02-29 | SDOI | N/A | Standard General L.P. | 10% owner | Other | BUY | $1.18 | 3,504,172 | $4,130,718 | 7,255,048 | +93.4% |
| 2016-03-03 02:17 | 2016-03-01 | WNR | N/A | Stevens Jeff A | Director, Officer - President & CEO | Other | BUY | $26.63 | 100,000 | $2,662,580 | 3,281,052 | +3.1% |
| 2016-03-02 21:45 | 2016-02-29 | ERC | ALLSPRING MULTI-SECTOR INCOME FUND | Saba Capital Management, L.P. | 10% owner | Other | BUY | $11.41 | 136,820 | $1,560,925 | 5,088,141 | +2.8% |
| 2016-03-03 02:31 | 2016-02-29 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $31.77 | 675,922 | $21,475,259 | 36,367,808 | +1.9% |
| 2016-03-02 21:40 | 2016-02-29 | DSU | BLACKROCK DEBT STRATEGIES FUND, INC. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $3.33 | 738,713 | $2,461,613 | 24,228,087 | +3.1% |
| 2016-03-02 00:10 | 2016-02-26 | CNA | CNA FINANCIAL CORP | LOEWS CORP | 10% owner | Fire, Marine & Casualty Insurance | BUY | $28.90 | 49,900 | $1,442,100 | 242,544,473 | +0.0% |
| 2016-03-02 01:07 | 2016-02-26 | STLY | HG Holdings, Inc. | Hale Partnership Capital Management, LLC | 10% owner | Real Estate Investment Trusts | BUY | $2.50 | 669,232 | $1,673,883 | 740,896 | +933.8% |
| 2016-03-02 00:08 | 2016-02-26 | N/A | N/A | AFA Sjukfoersaekringsaktiebolag | 10% owner | Other | BUY | $19.26 | 147,508 | $2,841,004 | 2,579,473 | +6.1% |
| 2016-03-02 00:07 | 2016-02-26 | N/A | N/A | Allegheny Technologies Inc Master Pension Trust | 10% owner | Other | BUY | $19.26 | 76,845 | $1,480,035 | 1,342,561 | +6.1% |
| 2016-03-02 01:49 | 2016-02-26 | HCOM | N/A | Twin Haven Capital Partners, L.L.C. | 10% owner | Other | BUY | $23.96 | 57,085 | $1,367,563 | 1,058,321 | +5.7% |
| 2016-03-02 00:08 | 2016-02-26 | N/A | N/A | State of Connecticut Retirement Plans & Trust Funds | 10% owner | Other | BUY | $19.26 | 163,898 | $3,156,675 | 2,876,917 | +6.0% |
| 2016-03-02 01:00 | 2016-02-26 | ARCC | Ares Capital Corporation | Arougheti Michael J | Director, Officer - Executive Vice President | Other | BUY | $13.55 | 90,000 | $1,219,500 | 786,876 | +12.9% |
| 2016-03-01 01:32 | 2016-02-29 | ITCI | N/A | Alafi Christopher D | Director, 10% owner | Other | BUY | $29.70 | 100,000 | $2,970,300 | 728,828 | +15.9% |
| 2016-03-01 01:31 | 2016-02-25 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $39.96 | 89,350 | $3,570,328 | 4,221,301 | +2.2% |
| 2016-02-29 21:20 | 2016-02-25 | FTF | FRANKLIN LTD DURATION INCOME TRUST | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.60 | 309,460 | $3,280,369 | 3,789,707 | +8.9% |
| 2016-02-29 23:29 | 2016-02-25 | AROCUS | Archrock Inc. | CARLSON CAPITAL L P | 10% owner | Natural Gas Transmission | BUY | $3.85 | 663,433 | $2,554,283 | 9,258,249 | +7.7% |
| 2016-02-29 20:08 | 2016-02-25 | DSU | BLACKROCK DEBT STRATEGIES FUND, INC. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $3.29 | 1,365,003 | $4,495,637 | 23,489,374 | +6.2% |
| 2016-02-27 00:15 | 2016-02-25 | MFNC | N/A | Steinhardt David Russ | Director, 10% owner | Other | BUY | $10.00 | 121,769 | $1,217,690 | 1,044,557 | +13.2% |
| 2016-02-27 02:56 | 2016-02-24 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner, Other | Other | BUY | $13.96 | 229,381 | $3,202,182 | 2,845,392 | +8.8% |
| 2016-02-27 02:20 | 2016-02-24 | HD | HOME DEPOT, INC. | BRENNEMAN GREGORY D | Director | Retail-Lumber & Other Building Materials Dealers | BUY | $124.73 | 40,000 | $4,989,200 | 46,332 | +631.7% |
| 2016-02-27 00:42 | 2016-02-24 | INCY | INCYTE CORP | BAKER JULIAN | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $70.79 | 64,290 | $4,550,986 | 19,015,852 | +0.3% |
| 2016-02-27 01:35 | 2016-02-24 | ZANDZG | ZILLOW GROUP, INC. | HOAG JAY C | Director | Services-Business Services, NEC | BUY | $19.49 | 259,337 | $5,053,441 | 1,885,000 | +16.0% |
| 2016-02-27 01:42 | 2016-02-24 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $29.55 | 314,508 | $9,293,051 | 35,758,535 | +0.9% |
| 2016-02-27 01:29 | 2016-02-24 | NVET | N/A | FARALLON CAPITAL MANAGEMENT LLC | 10% owner, Other | Other | BUY | $3.19 | 435,000 | $1,388,477 | 2,648,696 | +19.7% |
| 2016-02-26 20:52 | 2016-02-24 | NSH | N/A | GREEHEY WILLIAM E | Director, 10% owner | Other | BUY | $16.67 | 63,400 | $1,057,094 | 222,900 | +39.7% |
| 2016-02-27 01:49 | 2016-02-24 | ESNT | Essent Group Ltd. | PBRA (CAYMAN) Co | 10% owner, Other | Surety Insurance | BUY | $19.10 | 264,436 | $5,050,939 | 10,010,700 | +2.7% |
| 2016-02-26 17:48 | 2016-02-25 | ASFI | N/A | Mangrove Partners Master Fund, Ltd. | 10% owner | Other | BUY | $7.00 | 324,600 | $2,272,200 | 2,100,627 | +18.3% |
| 2016-02-26 00:42 | 2016-02-23 | CNA | CNA FINANCIAL CORP | LOEWS CORP | 10% owner | Fire, Marine & Casualty Insurance | BUY | $28.55 | 111,900 | $3,194,230 | 242,494,573 | +0.0% |
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.