Markets Rally as the Buy Forms Come Through

Most days that I track the insider activity, there are far more insiders selling than buying. Today was a little bit different. There were a ton of insiders buying. Hopefully, this is a good sign of things to come.

I also began to track some of the Form 3's. For anyone new to all of these forms that I track, let me briefly simplify. Form 4's are the main SEC filings that I follow. A Form 4 must be submitted anytime an insider buys or sells a stake in the shares they own. 13D's are filed when an investor buys 5% of a publicly traded security. 13D's can be used on both the buying & selling end. 13G's are very similar to 13D's except the investor already owns higher than 5% stake. They can be traded up or down, as well. Finally, introducing Form 3's to tonight's blog. Form 3's are filed when an insider affiliated with a public company (or an investor whom already owns over 10% of the company's outstanding shares) are bought. Form 3's are typically filed upon the advent of an IPO but may also be used in instances like take overs or first time buy in from a hedge fund.

Here is what I tracked today:

Form 3's: HERO (2), LQ, LGF (2), BKD, SWI (2), RGR, QLTI (2), MOV, NLNK, GE, VCYT, ASH, SRI, STFC (4), SIGI, BID, PRXI (2), NWFL (2), FNJN, BRKR, EVI, MMSI, SFLY, HPQ & WDC

Form 4's (Insider Buys): AYR, AAT, RLOG, TRXC, ROX, CGIX (2), UBOH (2), MVIS, OLN, FTAI, INSY, ALR, NWIN, ACLS, FLL, MMPW, FUND, GOGO. NMFC, CMFN, CRBP (2), SYNL, TIPT, XTNT, CPTA, HSY (2), XCO, WFM, APC, ORM, CMI, PFHO, HZN, TSC, VNOM, BGFV, JAX (2), ZBRA, LXRP, RYI, MW, BMRA, KYN, MCBK, EMG, OESX, SNBC, ACNB, BHRT.OB, SCL, MDXG, ABMC:PK, PRAA, ICTY, FIX, ASCMA, UBP (2), HBIO, BOOT, FAC (2), CAR, ED, ETRM (2), AJRD, (2), SUMR, TST (2), FSIC, TWO (2), FMBH (3), CAPL, NMRX, UBA, HLS, FLKS, ARCA, FUN, LOXO, VER, TLSRP, CY, GARS, JASN, CTRE, DYN, QUMU, NVRO, CBNKA, ENV, PQ (7), TINY, ABAX, SGI, UEIC (2), TPIV, ARCW, HLS, CYNO (7), MYBF (2), MXIM (5), EVDY, TEL (14), CBT (5), MUR, BMRA, LEG (11), BEAV (2), NTCT (4), EXTR (5), LPI (3), QRVO, HZO (7), SPH, SHAK, DGAS (2), DF (2)M FTNT (3), JIVE (2), RSE, GLF, CORT, HIIQ, CROX, PDVW (2), SCTY, SSNI (6), IILG (2), MUX, TSI, BSM (2), CSLT (2), DHX, TWI, TUES, MPAY, PW, PATK, SLRC, GIGM, WBMD (4) & SUNS

13D's: SHAK (5), PIH, ADSK (2), ACAS, SUNS, UNTD, PFHO, AFFW, GMEI, SPIL, NAO, DTOR, SINA, DHX, SUMR, TNGO, SBCF & FSL

13G's: AWAY, HERO, KURO, CSTM (+), CIK, PKGM, LION (+), UMPQ (+), HAFC (+)M CAC (-), AMZN (+), NFLX (+), WYNN (+), HLF (-), UAL (-), SMJ, WEN, C, CCE, FXCM (-), RAI (-) & TOL (-)

Form 4's (Insider Sales): LAWS, EEFT, ZLTQ (2), CHH (2), SAM (3), VLGEA, CBRL, UVV (2), IIIN, WSTG, TISI, NEOG, SSFN, NHC, HSY (2), IDA, MCD, IPHI, OSTK, TEL (13, TSS, IMN, FANG, WST, INGN, BIO, BIOB, CIEN, NLN, ACGL, ENSV (3), PDCE (2), HTLF, CHRS, RTEC, TRV, MCO, G (2), LC, HUBS, PANW, SABR, PLT (4), TYPE, AYI, CLX, VNTV, GBX (2), PKG, NHTX, PPG, NVDA, POZN, XOOM, ASPN, CALD, CTL, CGSP, HA (5), IDXX, ASH (2), ILMN, SBCF, AFOP, SNCR, PACW, ABC, PG (2), PHMD, FPP, NXTM, ONVI, MSCC (4), SNFC, ROYE, KEG, MORN, MCF, PSEM, SALE, INOV, CBT (5), CYNO (3), LLY (2), DMRX, STT (3), HMSY, HHC, NTCT, EXTR, BEAV, CBM, COMM, HZO (3), AGN, EGR, EE, PQ (6), DF (2), LUV, CNK, WTR, PKD, FPP, LLTC, MTB (2), POOL, SSNI (6), SCTY (3), CVT, CRM, DATA (2), ESIO, MPWR, TWI, CSCO, SWI (2), CUR, BSTC, GOOG (2), YDLE, RNG, EBS, UNM, MDCO, IBKR (4), ZAYO, BSM, NOW, SHAK (2) & CLGX

Let's begin with the Form 3's. If you read last Friday's post, you'd see that a major stake was sold out of LGF. The Form 3 from today may indicate the reasoning behind the sell off. Another notable Form 3 was for HPQ. It interests me because I'm excited to see where their 3D printing will bring them. Perhaps, this was issued due to a new investor who just began since their big split.

As for the inside buying today, I only made a few notes because I was pretty busy. I noted that the companies whose CFO's filed buyer Form 4's today were: MPAY, TWI, IILG, JAX & BOOT. I also find it noteworthy that there have been inside buyers for The Street (TST) for the past several sessions. There are many other repeat buys but this one caught my eye because I"m sure we all read The Street. I also have that both CGIX & DHX had $0 in their insider buys....free shares, YAY!  Then, I have that Elon Musk again purchased more SCTY today like he did on Friday. Finally, the largest monetary insider purchases today go to HSY with a total of $31,851,598 worth of shares just in time for the holiday season.

The 13D's & G's that stood out the most to me were those of George Soros which went as follows: new stake in NFLX, WYNN, SMJ & WEN; increased stake in AMZN, PYPL & CCE; dissolved C, RAI, TOL & FXCM; sold out of HLF. I also noticed that SUNS hit both the 13D & buyer list as did SUMR. SHAK is also noteworthy as they have filed SO many 13D's in the past several sessions.

Today's insider selling list felt much shorter than usual & many companies that had a high amount of sellers on it were counterbalanced buy their inside buyers....like trading shares with changing of the board or something. Some of the one's that I've been paying particular attention to in the sales category are PANW, IBKR & GOOG for my own personal reasoning. The sales Form 4's today were for: CBM, DXCM, MSCC, ASH, UVV, PDCE, AYI & FANG. The largest monetary sale that crossed my wires today was for XOOM selling $143,538,800 worth of shares.

Please be sure to conduct your own due diligence on any of the investments that interest you. I hope that this helps somebody out there. Happy trading & investing!

GLTA