The San Francisco Bay Area is experiencing a strong storm this weekend that has caused disruptions like power outages and flooding. I’ve unfortunately been without power for several hours and my usual fallback of a mobile hotspot did not work (a mobile tower is probably also impacted). So unfortunately I am not including any commentary with this post and am going to stick to highlighting the top 5 insider purchases and sales this week.
Welcome to edition 590 of Insider Weekends. Insider buying decreased last week with insiders purchasing $101.39 million of stock purchased compared to $150.04 million in the week prior. Selling on the other hand increased to $1.88 billion compared to $1.36 billion in the week prior.
Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales in a given week by total insider purchases that week. The adjusted ratio for last week went up to 18.55. In other words, insiders sold almost 19 times as much stock as they purchased. The Sell/Buy ratio this week was unfavorable compared to the prior week when the ratio stood at 9.07.
Notable Insider Buys:
1. Truist Financial Corporation (TFC): $64.44
CEO William H. Rogers Jr. acquired 67,000 shares of this regional bank, paying $61.85 per share for a total amount of $4.14 million. Mr. Rogers increased his stake by 10.38% to 712,513 shares with this purchase.
You can view the list of recent insider transactions for Truist Financial Corporation here.
P/E: 15.21 | Forward P/E: 13.29 | Industry P/E: 15.20 |
P/S: 3.75 | Price/Book: 1.38 | EV/EBITDA: N/A |
Market Cap: $86.02B | Avg. Daily Volume: 4,584,140 | 52 Week Range: $40.05 – $64.78 |
2. NextPlay Technologies, Inc. (NXTP): $2.2
Co-CEO Nithinan Boonyawattanapisut acquired 1,985,974 shares of this technology solutions company, paying $2.00 per share for a total amount of $3.97 million. Ms. Boonyawattanapisut increased her stake by 632.01% to 2,300,204 shares with this purchase.
You can view the list of recent insider transactions for NextPlay Technologies, Inc. here.
P/E: N/A | Forward P/E: 27.5 | Industry P/E: N/A |
P/S: N/A | Price/Book: 2.95 | EV/EBITDA: -305.9 |
Market Cap: $209.45M | Avg. Daily Volume: 3,067,509 | 52 Week Range: $1.26 – $4.99 |
3. Volcon, Inc. (VLCN): $9.3
Shares of this electric off road powersport vehicles manufacturer were acquired by 2 insiders:
You can view the list of recent insider transactions for Volcon, Inc. here.
P/E: N/A | Forward P/E: N/A | Industry P/E: N/A |
P/S: N/A | Price/Book: 2.19 | EV/EBITDA: N/A |
Market Cap: $105.44M | Avg. Daily Volume: 1,416,092 | 52 Week Range: $6.91 – $15.5 |
4. E2open Parent Holdings, Inc. (ETWO): $12.24
Shares of this cloud-based and end-to-end supply chain management SaaS platform were acquired by 3 insiders:
You can view the list of recent insider transactions for E2open Parent Holdings, Inc. here.
P/E: N/A | Forward P/E: 94.15 | Industry P/E: 66.07 |
P/S: 13.45 | Price/Book: 1.14 | EV/EBITDA: 151.39 |
Market Cap: $4.16B | Avg. Daily Volume: 2,581,127 | 52 Week Range: $8.26 – $14.58 |
5. Mueller Industries, Inc. (MLI): $49.17
Director Gary S. Gladstein acquired 11,399 shares of this metal fabrication company, paying $47.71 per share for a total amount of $543,846. Mr. Gladstein increased his stake by 9.35% to 133,251 shares with this purchase.
You can view the list of recent insider transactions for Mueller Industries, Inc. here.
P/E: 7.36 | Forward P/E: 7.45 | Industry P/E: N/A |
P/S: 0.81 | Price/Book: 2.55 | EV/EBITDA: 5.3 |
Market Cap: $2.82B | Avg. Daily Volume: 191,403 | 52 Week Range: $27.76 – $49.65 |
You can view the full list of purchases from this Insider Buying page.
Notable Insider Sales:
1. Alphabet Inc. (GOOG): $2772.5
Shares of Alphabet were sold by 2 insiders:
You can view the list of recent insider transactions for Alphabet Inc. here.
P/E: 30.07 | Forward P/E: 26.16 | Industry P/E: 29.41 |
P/S: 8.36 | Price/Book: 7.79 | EV/EBITDA: 23.04 |
Market Cap: $1.84T | Avg. Daily Volume: 1,077,656 | 52 Week Range: $1514.62 – $2936.41 |
2. Facebook, Inc. (FB): $324.61
Shares of Facebook were sold by 2 insiders:
You can view the list of recent insider transactions for Facebook, Inc. here.
P/E: 24.11 | Forward P/E: 20.26 | Industry P/E: 29.41 |
P/S: 8.73 | Price/Book: 6.64 | EV/EBITDA: 16.58 |
Market Cap: $915.22B | Avg. Daily Volume: 16,522,787 | 52 Week Range: $244.61 – $384.33 |
3. Coinbase Global, Inc. (COIN): $300.84
Shares of this cryptoeconomy focused broker were sold by 3 insiders:
You can view the list of recent insider transactions for Coinbase Global, Inc. here.
P/E: 22.16 | Forward P/E: 47.6 | Industry P/E: 16.09 |
P/S: 15.99 | Price/Book: 13.66 | EV/EBITDA: 19.89 |
Market Cap: $78.79B | Avg. Daily Volume: 4,518,547 | 52 Week Range: $208 – $429.54 |
4. Elastic N.V. (ESTC): $168.9
CEO and Chairman Shay Banon sold 165,920 shares of this software application company for $171.01, generating $28.37 million from the sale.
You can view the list of recent insider transactions for Elastic N.V. here.
P/E: N/A | Forward P/E: -511.82 | Industry P/E: 66.07 |
P/S: 23.11 | Price/Book: 34.02 | EV/EBITDA: -133.3 |
Market Cap: $15.55B | Avg. Daily Volume: 746,506 | 52 Week Range: $97.48 – $177.74 |
5. Apple Inc. (AAPL): $148.69
Shares of Apple were sold by 2 insiders:
You can view the list of recent insider transactions for Apple Inc. here.
P/E: 29.11 | Forward P/E: 26.18 | Industry P/E: 26.88 |
P/S: 7.08 | Price/Book: 38.3 | EV/EBITDA: 22.82 |
Market Cap: $2.46T | Avg. Daily Volume: 75,770,900 | 52 Week Range: $107.32 – $157.26 |
You can view the full list of sales from this Insider Sales page.
Disclaimer: Please do your own due diligence before buying or selling any securities mentioned in this article. We do not warrant the completeness or accuracy of the content or data provided in this article.