🗞 Insiders Are Buying These 4 Stocks

Happy Sunday!

Here’s what’s on the docket for this week’s newsletter:

• 💰️ 4 Stocks with Recent Insider Buys

• 📊 5 Best Charts of the Week (#4 might surprise you)

Let’s dive in!

Featured Story

4 Stocks with Recent Insider Buys

There’s an old saying in investing, “Executives sell shares for many reasons, but they only buy shares for one.”

Tracking the transactions of insiders is a simple, yet effective way to see what the people closest to the actual business think of the stock. And when executives start buying shares, that’s usually a good sign.

And fortunately for Fiscal.ai users, all insider transactions can be easily tracked from a company’s Ownership tab.

Here are 5 companies that have had big insider buying activity lately:

1. Shift4 Payments

• Insider: Jared Isaacman (CEO & Founder)

• Amount Purchased: $16.3 million

• Change in Shares Held: +26.4%

2. Elevance Health

• Insider: Gail Boudreaux (President & CEO)

• Amount Purchased: $2.4 million

• Change in Shares Held: +7%

3. Sonos 

• Insiders: Thomas Conrad (CEO), Julius Genachowski (Board Member), Saori Casey (CFO), Bracken Darrell (Board Member)

• Amount Purchased: Conrad ($1M), Genachowski ($250K), Casey ($249K), Darrell ($250K)

• Change in Shares Held: Conrad (+71%), Genachowski (+57%), Casey (+27%), Darrell (+2,342%)

4. Portillo’s

• Insiders: Kelly Kaiser (General Counsel), Michelle Hook (CFO), Eugene Lee (Board Member), Michael Osanloo (CEO)

• Amount Purchased: Kaiser ($207K), Hook ($307K), Lee ($1M), Osanloo ($100K)

• Change in Shares Held: Kaiser (+369%), Hook (+62%), Lee (+1,342%), Osanloo (+26%)

Featured Story

5 Best Charts of the Week

1. The Race for Footwear Dominance

2. Lululemon - Value play or value trap?

3. The Slowdown in Fast-Casual Dining (Wingstop, Cava, Chipotle, & Portillo’s)

4. Costco v. Walmart - Who makes more from Membership Fees?

5. The Advertising Giants (Google Search, Meta Ads, Amazon Ads, & YouTube)