An insider trade occurs when a corporate executive (such as a CEO, CFO or COO) that has non-public information about a company buys or sells shares of that company's stock. Company insiders are required by law to regularly report their stock purchases and sales to the SEC.
Tracking a company's insider trades is a metric that can be used to identify the direction that the company's executives believes that the company is headed. If a number of insiders purchase more shares of their company, they may believe that the company will have strong future earnings and that the share price will increase in the near future.
For example, if Microsoft's CEO, CFO and COO all recently purchased additional shares of Microsoft stock, that would be an indication that there could be unreported news that may positively effect Microsoft's stock price in the near future.
This slideshow lists the 15 companies that have had the highest levels of insider buying within the last 180 days.
#1 - Matador Resources (NYSE:MTDR)
- Dollar Amount of Shares Purchased
- $728,293.80
- Number of Insider Purchases in the Last 180 Days
- 13
- Volume of Shares Purchased
- 14,085
- Who Bought Shares
- Brian J Willey (CFO), Bryan A Erman (EVP), Christopher P Calvert (COO), Glenn W Stetson (EVP), Joseph Wm Foran (CEO), Monika U Ehrman (Director), Robert Gaines Baty (Director), Robert T Macalik (CAO), Shelley F Appel (Director) and William Thomas Elsener (EVP)
About Matador Resources
Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.
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- Dollar Amount of Shares Purchased
- $62,090.85
- Number of Insider Purchases in the Last 180 Days
- 15
- Volume of Shares Purchased
- 3,603
- Who Bought Shares
- Dan E Johnson (Insider), Horras Betty A Baudler (Director), Jeffrey K Putzier (Insider), Justin C Clausen (CFO), Kevin L Swartz (Director), Michael A Wilson (EVP), Michelle R Cassabaum (Director), Patrick G Hagan (Director) and Scott T Bauer (Insider)
About Ames National
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.
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- Dollar Amount of Shares Purchased
- $1,607,397.82
- Number of Insider Purchases in the Last 180 Days
- 14
- Volume of Shares Purchased
- 270,454
- Who Bought Shares
- Aron R English (Major Shareholder), John Allen Baugh (Director), Kimberly Bullock Gatling (Director), Mary Elizabeth Hunsberger (Insider), Robert George Iv Culp (CEO) and Sharon A Decker (Director)
About Culp
Culp, Inc manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics.
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#4 - Mid Penn Bancorp (NASDAQ:MPB)
- Dollar Amount of Shares Purchased
- $551,994.74
- Number of Insider Purchases in the Last 180 Days
- 9
- Volume of Shares Purchased
- 18,685
- Who Bought Shares
- Albert J Evans (Director), Joan E Dickinson (Insider), Maureen M Gathagan (Director), Robert A Abel (Director), Rory G Ritrievi (CEO) and Soto Matthew G De (Director)
About Mid Penn Bancorp
Mid Penn Bancorp, Inc operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and individual retirement accounts.
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#5 - Martin Midstream Partners (NASDAQ:MMLP)
- Dollar Amount of Shares Purchased
- $1,385.38
- Number of Insider Purchases in the Last 180 Days
- 10
- Volume of Shares Purchased
- 372
- Who Bought Shares
- Chris H Booth (VP), Randall Tauscher (COO), Robert D Bondurant (CEO), Ruben S Martin (Director), Scot A Shoup (VP) and Sharon L Taylor (CFO)
About Martin Midstream Partners
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.
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- Dollar Amount of Shares Purchased
- $572,928.00
- Number of Insider Purchases in the Last 180 Days
- 6
- Volume of Shares Purchased
- 11,936
- Who Bought Shares
- Eric M Pillmore (Director), Jeremy C Wensinger (CEO), Josephine F Bjornson (Insider), Michael James Smith (Treasurer), Shawn Mural (CFO) and William Boyd Noon (CAO)
About V2X
V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.
- Dollar Amount of Shares Purchased
- $27,722.83
- Number of Insider Purchases in the Last 180 Days
- 13
- Volume of Shares Purchased
- 823
- Who Bought Shares
- Alexandra C Chiaruttini (CAO), Joseph Thomas Hand (CEO), Mark S Snyder (VP), Matthew E Poff (CFO) and Steven R Rasmussen (Director)
About York Water
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite groundwater systems in York, Adams, and Lancaster Counties, as well as two impounding dams on primary system located in York and Springfield Townships.
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- Dollar Amount of Shares Purchased
- $573,811.08
- Number of Insider Purchases in the Last 180 Days
- 13
- Volume of Shares Purchased
- 599,805
- Who Bought Shares
- Daniel J Nova (Director), Ian Friedman (Director), Jack R Lazar (Director), Noam Paranksy (Director) and Noam Paransky (Director)
About ThredUp
ThredUp Inc, together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc was incorporated in 2009 and is headquartered in Oakland, California.
#9 - TriSalus Life Sciences (NASDAQ:TLSI)
- Dollar Amount of Shares Purchased
- $639,797.06
- Number of Insider Purchases in the Last 180 Days
- 10
- Volume of Shares Purchased
- 137,388
- Who Bought Shares
- Equity Ab Frankenius (Major Shareholder), James Emmett Young (CFO), Mary T Szela (CEO), Mats Wahlstrom (Director) and Sean Murphy (Insider)
About TriSalus Life Sciences
TriSalus Life Sciences, Inc, a medical technology company, researches, develops, and sells drug delivery technologies and immune-oncology therapeutics for the treatment of liver and pancreatic cancer. The company offers Pressure Enabled Drug Delivery infusion systems, such as the TriNav infusion system, which is used in transarterial radioembolization and chemoembolization procedures for patients with liver cancer and metastases; and the Pancreatic Retrograde Venous Infusion device, which is in Phase 1 clinical trial, for locally advanced pancreatic cancer.
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#10 - Myers Industries (NYSE:MYE)
- Dollar Amount of Shares Purchased
- $232,575.00
- Number of Insider Purchases in the Last 180 Days
- 7
- Volume of Shares Purchased
- 19,500
- Who Bought Shares
- Bruce M Lisman (Director), Dave Basque (CEO), Lori A Lutey (Director), William A Foley (Director) and Yvette Dapremont Bright (Director)
About Myers Industries
Myers Industries, Inc engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling.
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#11 - Lakeland Industries (NASDAQ:LAKE)
- Dollar Amount of Shares Purchased
- $253,520.10
- Number of Insider Purchases in the Last 180 Days
- 7
- Volume of Shares Purchased
- 11,208
- Who Bought Shares
- An Hui (COO), James M Jenkins (CEO), Laurel A Yartz (Insider), Nikki Hamblin (Director) and Roger D Shannon (CFO)
About Lakeland Industries
Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.
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#12 - Community West Bancshares (NASDAQ:CWBC)
- Dollar Amount of Shares Purchased
- $73,012.82
- Number of Insider Purchases in the Last 180 Days
- 7
- Volume of Shares Purchased
- 3,982
- Who Bought Shares
- James W Lokey (Director), Jeffrey Michael Martin (EVP), Martin E Plourd (President), Robert Bartlein (Director) and Shannon R Avrett (EVP)
About Community West Bancshares
Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposits; and cash management products.
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#13 - Delek Logistics Partners (NYSE:DKL)
- Dollar Amount of Shares Purchased
- $467,094.70
- Number of Insider Purchases in the Last 180 Days
- 7
- Volume of Shares Purchased
- 11,884
- Who Bought Shares
- Avigal Soreq (President), Ezra Uzi Yemin (Chairman), Joseph Israel (EVP), Odely Sakazi (SVP) and Reuven Spiegel (CFO)
About Delek Logistics Partners
Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The Gathering and Processing segment consists of pipelines, tanks, and offloading facilities that provide crude oil and natural gas gathering and processing, water disposal and recycling, and storage services, as well as crude oil transportation services to third parties.
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#14 - Bankwell Financial Group (NASDAQ:BWFG)
- Dollar Amount of Shares Purchased
- $163,522.26
- Number of Insider Purchases in the Last 180 Days
- 6
- Volume of Shares Purchased
- 5,166
- Who Bought Shares
- Carl M Porto (Director), Darryl Demos (Director), Eric J Dale (Director), Kevin D Leitao (Director) and Lawrence B Seidman (Director)
About Bankwell Financial Group
Bankwell Financial Group, Inc operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and unsecured personal loans.
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- Dollar Amount of Shares Purchased
- $2,660,275.53
- Number of Insider Purchases in the Last 180 Days
- 5
- Volume of Shares Purchased
- 45,010
- Who Bought Shares
- Andrew Lynn Asher (CFO), H James Dallas (Director), Sarah London (CEO), Theodore R Samuels II (Director) and Thomas Greco (Director)
About Centene
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children's health insurance program, foster care, medicare-medicaid plans, long-term services and support.
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#16 - Avadel Pharmaceuticals (NASDAQ:AVDL)
- Dollar Amount of Shares Purchased
- $526,363.04
- Number of Insider Purchases in the Last 180 Days
- 8
- Volume of Shares Purchased
- 55,579
- Who Bought Shares
- Geoffrey Michael Glass (Director), Gregory J Divis (CEO), Linda Palczuk (Director), Peter J Thornton (Director) and Thomas S Mchugh (CFO)
About Avadel Pharmaceuticals
Avadel Pharmaceuticals plc operates as a biopharmaceutical company in the United States. Its lead product candidate is LUMRYZ, a formulation of sodium oxybate, which is in a Phase 3 clinical trial for the treatment of excessive daytime sleepiness or cataplexy in adults with narcolepsy. The company was formerly known as Flamel Technologies SA and changed its name to Avadel Pharmaceuticals plc in January 2017.
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