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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, %
2015-02-05 02:10 2015-02-02 MSFT MICROSOFT CORP Morfit G Mason Director, Other Services-Prepackaged Software BUY $41.15 1,032,258 $42,477,210 67,900,000 +1.5%
2015-02-05 01:19 2015-02-03 ENTL N/A Split Rock Partners, LP 10% owner Other BUY $17.00 352,941 $5,999,997 3,156,731 +12.6%
2015-02-05 00:58 2015-02-03 ENTL N/A SVLSF IV, LLC 10% owner Other BUY $17.00 317,647 $5,399,999 59,350 +100.0%
2015-02-05 00:16 2015-02-02 FONU N/A Hameed Yusuf 10% owner Other BUY $149.00 1,488,002 $221,712,298 116,488,002 +1.3%
2015-02-05 00:21 2015-02-03 FDBC FIDELITY D & D BANCORP INC CALI BRIAN J Director National Commercial Banks BUY $32.25 186,263 $6,006,994 186,663 +46,565.8%
2015-02-05 00:10 2015-02-03 FDBC FIDELITY D & D BANCORP INC DEMPSEY PATRICK J Director, Other National Commercial Banks BUY $32.25 65,371 $2,108,203 65,771 +16,342.7%
2015-02-04 00:17 2015-02-03 LENS N/A RESSLER RICHARD S Director, 10% owner Other BUY $10.00 500,000 $5,000,000 9,666,667 +5.5%
2015-02-04 00:27 2015-01-30 N/A N/A NexPoint Advisors, L.P. 10% owner, Other Other BUY $9.20 336,957 $3,100,000 1,724,891 +24.3%
2015-02-03 20:05 2014-03-12 AQXP Neurogene Inc. JOHNSON & JOHNSON 10% owner Pharmaceutical Preparations BUY $11.00 272,727 $2,999,997 1,664,821 +19.6%
2015-02-04 00:55 2015-02-03 GDOT GREEN DOT CORP Streit Steven W Director, Officer, 10% owner - Chairman, President and CEO Finance Services BUY $14.45 206,800 $2,988,260 3,528,355 +6.2%
2015-02-04 02:37 2015-01-30 BH N/A BIGLARI, SARDAR Director, Officer, 10% owner - Chairman and CEO Other BUY $411.87 2,566 $1,056,853 349,593 +0.7%
2015-02-04 00:26 2015-01-30 N/A N/A DONDERO JAMES D Officer, 10% owner - President Other BUY $9.20 336,957 $3,100,000 1,724,891 +24.3%
2015-02-03 18:42 2015-02-02 HES N/A HESS JOHN B Director, Officer, 10% owner - Chief Executive Officer Other BUY $69.52 57,506 $3,997,817 28,753 +100.0%
2015-02-03 01:48 2015-01-29 EGLE N/A GOLDENTREE ASSET MANAGEMENT LP 10% owner Other BUY $9.66 565,000 $5,459,991 5,048,448 +12.6%
2015-02-03 02:07 2015-01-29 SHLD N/A BERKOWITZ BRUCE R 10% owner Other BUY $32.18 32,200 $1,036,051 25,473,073 +0.1%
2015-02-02 21:10 2015-01-29 ALNY Alnylam Pharmaceuticals Inc. Sanofi 10% owner Pharmaceutical Preparations BUY $95.00 97,118 $9,226,210 10,051,603 +1.0%
2015-02-02 19:53 2015-01-22 ALNY Alnylam Pharmaceuticals Inc. Sanofi 10% owner Pharmaceutical Preparations BUY $93.17 196,251 $18,284,706 9,307,037 +2.2%
2015-02-03 01:33 2015-01-29 MRTX N/A BAKER BROS. ADVISORS LP 10% owner Other BUY $20.00 425,000 $8,500,000 2,604,832 +19.5%
2015-02-03 00:55 2015-01-29 MRTX N/A Boxer Capital, LLC 10% owner Other BUY $20.00 550,000 $11,000,000 500,000 +100.0%
2015-01-31 01:39 2013-10-25 AERI N/A Clarus Lifesciences II, L.P. 10% owner Other BUY $10.00 321,000 $3,210,000 3,468,494 +10.2%
2015-01-30 01:09 2015-01-27 VSAR Aravive, Inc. SUN ANTHONY Y Director Pharmaceutical Preparations BUY $17.25 145,000 $2,501,250 2,139,568 +7.3%
2015-01-30 01:38 2015-01-28 BK Bank of New York Mellon Corp GARDEN EDWARD P Director State Commercial Banks BUY $36.63 273,000 $9,999,499 29,170,639 +0.9%
2015-01-30 00:26 2015-01-27 NHF NEXPOINT DIVERSIFIED REAL ESTATE TRUST DONDERO JAMES D Other Real Estate Investment Trusts BUY $11.32 102,210 $1,157,156 4,715,508 +2.2%
2015-01-30 01:10 2015-01-27 VSAR Aravive, Inc. AISLING CAPITAL III LP 10% owner Pharmaceutical Preparations BUY $17.25 145,000 $2,501,250 2,139,568 +7.3%
2015-01-28 17:05 2015-01-27 SSP E.W. SCRIPPS Co Scripps Eaton M 10% owner Television Broadcasting Stations BUY $16.72 82,651 $1,381,925 617,317 +15.5%
2015-01-28 17:04 2015-01-27 SNI N/A Scripps Eaton M 10% owner Other BUY $74.71 645,979 $48,261,091 2,249,979 +40.3%
2015-01-28 17:00 2015-01-27 SNI N/A Attal Eva Scripps 10% owner Other BUY $74.71 21,143 $1,579,594 823,143 +2.6%
2015-01-28 22:16 2015-01-28 VSTM Verastem, Inc. Westphal Christoph H Director, Officer - Executive Chairman Pharmaceutical Preparations BUY $6.50 1,230,769 $7,999,999 1,230,769 +100.0%
2015-01-28 17:02 2015-01-27 SSP E.W. SCRIPPS Co SCRIPPS EDWARD W 10% owner Television Broadcasting Stations BUY $16.72 82,650 $1,381,908 617,316 +15.5%
2015-01-28 17:02 2015-01-27 SNI N/A SCRIPPS EDWARD W 10% owner Other BUY $74.71 109,211 $8,159,154 1,713,211 +6.8%
2015-01-28 16:58 2015-01-27 SSP E.W. SCRIPPS Co SCRIPPS CHARLES E 10% owner Television Broadcasting Stations BUY $16.72 82,650 $1,381,908 617,315 +15.5%
2015-01-28 14:51 2015-01-22 ALNY Alnylam Pharmaceuticals Inc. Sanofi 10% owner Pharmaceutical Preparations BUY $2,240.11 843,699 $1,889,978,145 9,954,485 +9.3%
2015-01-28 21:54 2015-01-28 ASPX N/A Flynn James E 10% owner, Other Other BUY $56.50 1,500,000 $84,750,000 973,379 +100.0%
2015-01-28 00:25 2015-01-23 AGRX N/A AISLING CAPITAL III LP Director, 10% owner Other BUY $5.85 811,966 $4,750,001 2,983,797 +37.4%
2015-01-27 20:59 2015-01-27 XON PRECIGEN, INC. KIRK RANDAL J Director, Officer, 10% owner - Chief Executive Officer Pharmaceutical Preparations BUY $27.00 555,556 $15,000,012 5,483,957 +11.3%
2015-01-28 03:05 2015-01-23 OAS Chord Energy Corp SPO ADVISORY CORP 10% owner Crude Petroleum & Natural Gas BUY $13.24 1,000,000 $13,240,000 12,472,400 +8.7%
2015-01-27 00:43 2015-01-22 PN N/A Mariano Steven M. Director, Officer, 10% owner - See Remarks Other BUY $14.00 339,292 $4,750,088 339,292 +100.0%
2015-01-27 01:54 2015-01-22 CAS N/A MARTIN WILLIAM C 10% owner Other BUY $6.05 177,573 $1,074,832 3,772,256 +4.9%
2015-01-24 02:05 2015-01-21 CAPR CAPRICOR THERAPEUTICS, INC. St. John Edward A. 10% owner Pharmaceutical Preparations BUY $3.52 851,546 $2,999,997 425,773 +100.0%
2015-01-24 00:54 2015-01-23 AGRX N/A Moorin Jay 10% owner Other BUY $5.85 811,966 $4,750,001 4,668,663 +21.1%
2015-01-23 04:42 2015-01-21 CAPR CAPRICOR THERAPEUTICS, INC. CEDARS SINAI MEDICAL CENTER 10% owner Pharmaceutical Preparations BUY $3.52 851,546 $2,999,997 2,175,632 +64.3%
2015-01-21 19:36 2014-12-19 ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A. COOPERMAN LEON G 10% owner Services-Miscellaneous Business Services BUY $40.29 224,107 $9,028,352 816,099 +37.9%
2015-01-21 22:11 2015-01-16 ATLS N/A COOPERMAN LEON G 10% owner Other BUY $27.31 144,000 $3,932,640 2,642,416 +5.8%
2015-01-22 03:32 2015-01-16 CAS N/A MARTIN WILLIAM C 10% owner Other BUY $5.86 189,092 $1,108,854 3,594,683 +5.6%
2015-01-21 02:10 2013-09-27 ACHN N/A RA CAPITAL MANAGEMENT, LLC Other Other BUY $3.64 2,152,000 $7,831,989 4,816,562 +80.8%
2015-01-21 02:09 2013-07-17 ACHN N/A RA CAPITAL MANAGEMENT, LLC Other Other BUY $6.74 698,336 $4,709,508 4,856,521 +16.8%
2015-01-21 00:38 2015-01-15 WIA WESTERN ASSET INFLATION-LINKED INCOME FUND CASCADE INVESTMENT LLC 10% owner Other BUY $11.68 453,694 $5,299,146 6,632,888 +7.3%
2015-01-21 00:35 2015-01-15 WIW WESTERN ASSET INFLATION-LINKED OPPORTUNITIES & INCOME FUND CASCADE INVESTMENT LLC 10% owner Other BUY $11.41 408,000 $4,655,280 12,580,489 +3.4%
2015-01-17 02:16 2015-01-14 EHTH eHealth, Inc. Flynn James E 10% owner, Other Insurance Agents, Brokers & Service BUY $20.30 1,000,000 $20,302,400 1,804,903 +124.2%
2015-01-16 00:32 2015-01-13 OVAS Tempest Therapeutics, Inc. Malley Thomas Director Pharmaceutical Preparations BUY $50.00 35,000 $1,750,000 116,819 +42.8%
SHOW ENTRIES

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.