The Flip Flopper is a premium screen that identifies insiders who purchased and sold shares within a period of time. For example they purchased shares on January 3, 2023 and sold those shares by April 28, 2023. The screen also identifies insiders that were selling and then suddenly flip to buying instead.
Why is this important? The SEC does not want insiders to engage in short-term trading and requires them to give back any profits from trades that happened within a six month period.... Read more
This is called the "short-swing profit rule". Section 16(b) of the Securities Exchange Act of 1934 states that if an insider of a public company buys and sells, or on the other hand sells and buys, stock of the company within a six-month period, they have to disgorge profits from these "matching" trades to the company.
The rule is used to discourage insiders from using the information they possess to make short-term profits. Every once in a while, we come across insider transactions where the insider indicates that the transaction violates the Short-Swing Profit rule and that the insider is going to return any profits from the prior trade back to the company. Flip flopping insiders are sending us a signal that they think the prevailing winds have changed and that they are willing to give up some short-term profits to make even more money down the road.
We decided to build the flip flopper screen to identify these insiders and allow you to filter by three different time periods from the "period" drop down. Read less
Only premium members can access all flip floppers.
Insider Name | Symbol | Company | Relationship | Date | Transaction | Cost | # Shares | Value($) | Total Shares | Form 4 | |
Luly Jay R. | ENTA | ENANTA PHARMACEUTICALS INC | President and CEO | Feb 12, 2025 | Buy | $5.69 | 45,000 | 256,050 | 846,638 | Feb 12, 2025, 08:09 PM | |
Luly Jay R. | ENTA | ENANTA PHARMACEUTICALS INC | President and CEO | Dec 06, 2024 | Sale | $8.06 | 5,142 | 41,445 | 801,638 | Dec 10, 2024, 04:55 PM | |
Goldberg David I | BZH | BEAZER HOMES USA INC | SVP, Chief Financial Officer | Feb 07, 2025 | Buy | $22.80 | 443 | 10,100 | 137,094 | Feb 10, 2025, 06:45 PM | |
Goldberg David I | BZH | BEAZER HOMES USA INC | SVP, Chief Financial Officer | Nov 12, 2024 | Sale | $32.06 | 6,057 | 194,187 | 133,390 | Nov 13, 2024, 06:56 PM | |
Bochnowski Benjamin J | FNWD | Finward Bancorp | President, CEO | Feb 03, 2024 | Buy | $27.02 | 8 | 216 | 1,836 | Feb 06, 2025, 10:09 AM | |
Bochnowski Benjamin J | FNWD | Finward Bancorp | President, CEO | Feb 03, 2025 | Buy | $26.75 | 200 | 5,350 | 28,844 | Feb 04, 2025, 09:20 AM |
Insider Name | Symbol | Date | Transaction | Value($) | |
Luly Jay R. | ENTA | Feb 12, 2025 | Buy | 256,050 | |
Luly Jay R. | ENTA | Dec 06, 2024 | Sale | 41,445 | |
Goldberg David I | BZH | Feb 07, 2025 | Buy | 10,100 | |
Goldberg David I | BZH | Nov 12, 2024 | Sale | 194,187 | |
Bochnowski Benjamin J | FNWD | Feb 03, 2024 | Buy | 216 | |
Bochnowski Benjamin J | FNWD | Feb 03, 2025 | Buy | 5,350 |