James Meyer, President and CEO ofFreightCar America (RAIL), recently added 27,500 shares. The buy increased his holdings by nearly 15 percent, and came to a total cost of just over $58,000. The buy follows on a 5,500 share buy from a director just two days before. Insiders have been buyers of shares over the past three years with no sales. The last insider buys before these two occurred in early 2019, at prices as much as 55 percent higher. A designer and manufacturer of railcars and rail components, the company is a play on an economic recovery. The vast majority of physical goods p...

Vesa Equity Investment, a major holder inFoot Locker (FL), recently added to their stake. The fund bought 509,575 shares of the company, increasing their holdings by 4.75 percent. The purchase price for the stake came to just under $19.7 million. While the fund has been buying, company insiders have generally been sellers over the past few years. Sales have occurred at prices as much as 37 percent higher than where shares currently trade. Overall, insiders own 11.6 percent of outstanding shares. The athletic footwear and apparel retailer operates over 3,100 stores in 27 countries....

Sardar Biglari, Chairman and CEO ofBiglari Holdings (BH), recently bought 23,613 additional shares. The buy increased his holdings by just under 2 percent. The buy totaled just under $2.6 million. Biglari has been a buyer of shares over the past year at prices as much as 30 percent below where shares trade today. Other insiders have also picked up smaller stakes. There have been no insider sales in the last three years. Biglari Holdings is a conglomerate that owns a number of restaurants, most notable Steak n Shake, as well as an insurance division and the publication Maxim. Share...

Johannes Huth, a director atCoty Inc. (COTY), recently bought one million shares of the company. The total price came to $6.2 million, and represents the director’s first stake at the cosmetics firm. Hurth is joined by director Robert Singer, who also picked up 15,000 shares on the same day. His buy came to over $90,000, and represents a 4.7 percent increase in his holdings. This is the second buy from Singer in as many weeks. Insider activity over the past few years has shown both buys and sells from insiders. Currently, buyers have the upper hand. Even with a giant rally in shar...

Michael Kennedy, a director atOld Republic International (ORI), recently bought 1,494 shares. The buy represented an initial stake in the company. The purchase came to a total cost of just over $26,000. Insiders have been buyers for months in relatively small amounts. Last month saw two directors buy a total of 2,200 shares. The last insider sale was in the autumn of 2019, at far higher prices than today. Shares of the insurance company sold off heavily earlier in the year. The stock has yet to fully recover, with share still down about 19 percent from where they traded a year ago. A...

SRS Investment Management bought 104,900 more shares ofAvis Budget Group (CAR) recently. The buy upped the fund’s stake by a mere 0.6 percent despite a cost of $3.6 million. That’s thanks to the fund’s 18.3 million share stake in the car rental firm. This is the fund’s third buy so far this month. The fund has been an active buyer all year, at prices as much as 40 percent lower than where shares currently trade. A number of insiders have also been buyers, albeit earlier in the year at far lower prices. Shares reached a high of $40 in mid-October, but have had trouble moving higher. W...

Michael LaPlante, Chief Accounting Officer atBryn Mawr Bank (BMTC) recently picked up 1,500 shares. That represented his initial purchase of company shares. The buy came to just over $45,000. This follows on a buy the day before from the company CFO, who picked up 3,000 shares. That increased his stake to over 18,230 shares, and came to a price of just over $91,000. Insider data shows that insiders have only been buyers in the past year. Bryn Mawr bank is a regional bank in Pennsylvania. Despite a strong rally off the March lows, shares of the bank are down 22 percent in the past yea...

Christian Winkle, a director atBeazer Homes (BZH), recently bought 5,950 shares. The buy increased his holdings by 32 percent, and came to a total cost just over $82,000. This marks the first buy from insiders this year. The last insider buys occurred in 2019. Insiders have been large sellers of shares this year, including a large sale by a director in March when prices were near their panic lows. Strong home price and sales trends have allowed the homemaker to nearly reverse its losses from the March selloff. Shares are now down just 5 percent over the past year. Shares are attracti...

Carol Foster, a director atHercules Capital (HTGC) recently bought 3,850 shares. The buy increased her holdings by 30 percent, and came to a cost of just over $50,000. This is the first insider transaction of 2020, and the first insider buy since 2015. Foster previously sold some shares last year at a price near where the stock trades today. Hercules is an investor in early-stage companies, typically with a focus on new technologies. The company is structured as a business development company, which, like a REIT, obligates it to pay out income to its shareholders. Shares are down ...

Christian Brickman, President and CEO ofSally Beauty Holdings (SBH), remelt added 11,350 shares to his holdings. The purchase price came to just over $124,000 and increased his total stake by 2.5 percent. This follows a 10,000 share buy from the CEO in August, around the same time a director picked up shares as well. Insiders have been active throughout the year, with insider buys handily beating insider sales at the company. Shares of the cosmetics firm remain down 40 percent over the past year. Lockdowns and work-from-home trends have significantly reduced demand for cosmetics. Sha...