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A report from data analytics firm Verity shows that some corporate insiders made stock buys this year that have already doubled in value. Many professional investors track insider buying and selling as a measure of a company's quality. Verity compiled insider-buying data from securities filings to show the best insider stock buys of the year. Some notable insiders buying at biotech companies include AbCellera Biologics CFO Andrew Booth and Iveric Bio director Calvin Roberts. The top two insider buys in the S & P 500 came from directors of Genuine Parts .
The CEO of medical device company Masimo bought roughly $5 million of stock over the past week, adding to his stake shortly after a lawsuit from an activist investor. Masimo : CEO Joe Kiani made two groups of purchases worth nearly $5 million in total on Nov. 11 and Nov. 14. Corebridge Financial : director Alan Colberg bought about $688,000 worth of stock on Nov. 10. Cogent Communications : director Marc Montagner bought roughly $549,000 of stock on Nov. 9. The purchase of Cogent stock by Montagner is the largest ever insider purchase for the internet service provider.
The early days of November have seen several major stock purchases by corporate insiders, according to securities filings and Verity Data. The biggest name on the list is Boeing CEO Dave Calhoun, who bought 25,000 shares for roughly $4 million. Here are the top five recent insider buys, according to Verity: 1. CME Group : $8.26 million buy from director William Shepard, the biggest on record for CME Group. The buy at CME Group from William Shepard looks relatively more substantial.
According to an analysis by Ben Silverman, Director of Research for Verity, Musk's latest Tesla stock sales were very well-timed. Verity's InsiderScore notes that Musk had 267.6 million shares of Tesla pledged as collateral for personal indebtedness as of Mar. Musk still owns 445.6 million Tesla shares and holds exercisable options for 177.3 million more Tesla shares at $23.34, as well as some smaller tranches of options. Musk sold $8.5 billion worth of Tesla shares at $294.36 per share in April and $6.9 billion worth of his stock at $289.79 per share. Late last year, Musk sold $6.6 billion worth of Tesla shares at $357.23.
Note: While this review does not contain spoilers for "It Starts with Us," it does contain spoilers for the first book, "It Ends with Us." As Lily slowly became an exception to Ryle's "no dating" policy, she found herself thinking of her first love, Atlas Corrigan, who she hadn't seen since they were teenagers. The bottom lineYou absolutely have to read "It Ends with Us" before the sequel to understand the story. While both books involve a love story, they also focus on themes of abuse, domestic violence, and assault. If you already read and enjoyed "It Ends with Us," you should definitely pick up the sequel.
The Top 5 Insider Buys This Week
  + stars: | 2022-09-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Top 5 Insider Buys This WeekBrian Sullivan reveals the executives who are buying the most of the companies' stock in the past week, with the data courtesy of Verity Platforms.
Colleen Hoover is a popular author on TikTok, Goodreads, and more. Some of her most popular books are "Verity" and "It Ends With Us." Either way, Colleen Hoover fans love her heartbreaking romances laden with thriller-like twists and deeply realistic characters that bring every story to life. Whether you're looking for a twisty thriller like "Verity" or a devastating romance reminiscent of "It Ends With Us," here are 22 books to read if you love Colleen Hoover. 22 books to read if you love Colleen Hoover:
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