Insider Trading Report: Old Republic International (ORI)
Steven Bateman, a director atOld Republic International (ORI), recently added 4,000 shares to his holdings. The buy increased his stake by nearly 10 percent and came to a total purchase price of just over $32,000. Insiders have been active buyers of shares throughout 2020, with no insider sales since 2019. Most of the buys have been from directors. This has pushed insider ownership up to just over 6 percent of the company. A diversified insurance company, Old Republic provides automobile warranties, home ...
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Insider Trading Report: First American Financial (FAF)
Mark Oman, a director at specialty insurance companyFirst American Financial (FAF), recently bought 4,000 shares. The buy increased his holdings by nearly 12 percent and came to a total cost of just over $191,000. The purchase marks the first buy from company insiders in years. Insiders have typically been sellers over the past three years, mostly by C-suite executives and not directors. Shares of the company have slid 22 percent in the past year, in spite of a 14.5 percent rise in ...
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Insider Trading Report: Cadence Bancorp (CADE)
Joseph Evans, a director atCadence Bancorp (CADE), recently added 4,000 shares. The buy came to just over $48,000, and increased his holdings by 0.9 percent. This follows up on multiple buys from directors back in September. Overall, insiders have been active buyers in shares this year, with only one small insider sell over the summer. In total, company insiders own 3.3 percent of outstanding shares. Like many bank stocks in general, shares are down over the past year. The regional bank, headquartered ...
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Insider Trading Report: Del Taco Restaurants (TACO)
Ari Levy, a director atDel Taco Restaurants (TACO), recently added 67,400 shares to his holdings. The buy came to just over $504,000. The director now owns over 3 million shares of the company. Insider data shows that company insiders have been massive buyers of shares in the past year, picking up nearly 500,000 shares in total. The last insider sale occurred in early 2019. All told, insiders own over 19 percent of shares. Like most fast-food names, the company’s shares have been ...
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Insider Trading Report: Fastenal (FAST)
Hsenghung Hsu, a director atFastenal (FAST), recently started a stake at the company with a 2,000 share buy. The buy came to just over $88,000. This follows on a 550 share buy from another director back in September. Prior to that, insiders have been sellers throughout the year, at prices as much as 12 percent higher than where shares currently trade. The buy comes after a rally that boosted the company’s shares by 18 percent in the past year. Overall, insiders own ...
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Insider Trading Report: Tiptree (TIPT)
Michael Barns, Executive Chairman and a major holder atTiptree (TIPT), recently added 6,104 shares to his holdings. The buy came to just under $32,000. He followed up with a buy on Tuesday of 4,954 shares. Barnes has been a regular buyer of shares over the past few weeks, and his holdings have crept up from 8.55 million shares to over 8.60 million. The buys have occurred as shares have slid nearly 30 percent in the past year for the specialty insurance company ...
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Insider Trading Report: Carnival Corp (CCL)
Richard Glasier, a director atCarnival Corp (CCL), recently picked up 10,000 shares. The purchase came to just over $140,000, and increased the director’s stake by 23 percent. This marks the second insider buy of 2020, following a 1.25 million share buy from another director back in early April. Insiders were last sellers in 2019, at prices 70-75 percent higher than where shares currently trade. Shares of the cruise line company have doubled off their March lows. They are still down two-thirds over ...
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Insider Trading Report: Citigroup (C)
Lew Jacobs, a director atCitigroup (C), recently added 10,000 shares. The buy came to just over $440,000, and increased the director’s stake by 77 percent. He now owns over 22,900 shares. The trade marks the first move by insiders since August 2019. Insiders have mostly been sellers in the past two years, but have been inactive for a prolonged time. The last sales were at prices 30-37 percent higher than where shares currently trade. The big banks have had to contend with ...
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