The top buys and sells for Wednesday were revealed by Investing.com

This article summarizes the top insider buys and sells for US stocks reported on Wednesday, September 25, 2024.

Best Insider Buys:

• KVH Industries Inc. (NASDAQ: ): Director and ten percent owner Stephen H. Deckoff acquired 50,200 shares valued at more than $224,000. The shares were purchased at a weighted average price of $4.46 to $4.50. Following these transactions, the reporting entities now own 3,357,398 shares, demonstrating a strong commitment to the company.

• Appian Corp (NASDAQ: ): Abdiel Capital Advisors, LP and its affiliates purchased $1.41 million of Class A common stock. The purchases took place over several days, with prices ranging from $32.87 to $33.08 per share. The largest single-day purchase occurred on September 24 at a weighted average price of $32.87, showing continued interest in the software company.

• Methode Electronics Inc . (NYSE:NYSE:): Director Mary A. Lindsey increased her stake in the company by purchasing 8,800 shares valued at approximately $100,107. The transaction took place on September 23, with prices ranging from $11.36 to $11.39. Lindsey’s total holdings now stand at 25,970 shares of common stock.

• Fortress Biotech, Inc. (NASDAQ: ): Chairman, CEO and President Dr. Lindsay (NYSE: ) A. Rosenwald purchased 763,359 shares at $1.84 per share, totaling approximately $1.4 million. This significant purchase on September 23 increased Dr. Rosenwald’s total holdings to 3,657,264 shares, demonstrating confidence in the future of the biopharmaceutical firm.

Top sellers inside:

• CrowdStrike Holdings, Inc. (NASDAQ: ): CEO George Kurtz sold more than $16 million worth of stock on Sept. 23. The sales were made in multiple transactions, with prices ranging from $293.41 to $301.94 per share. These transactions were made to cover tax withholdings owed on the grant of restricted stock units.

• Magnolia Oil & Gas Corp (NYSE:NYSE:): Executives from EnerVest, Ltd. sold 7 million shares of Class A common stock for a total of $181 million. Shares were sold at $25.86 each on September 23, although executives still retain a substantial number of shares in the company.

• Carvan co. (NYSE:NYSE: ): Significant shareholder Ernest Garcia II sold a total of $34,394,642 worth of stock in two days. Sales occurred at weighted average prices ranging from $167.9839 to $175.7486, executed through a pre-arranged Rule 10b5-1 trading plan.

• UL Solutions Inc. (NYSE:ULS): A majority shareholder, ULSE Inc., sold its entire 3 million shares of Class A common stock for $147 million. The sale took place on September 23, with shares priced at $49.00 each.

• Darden Restaurants Inc. (NYSE:NYSE: ): Chairman and CEO Ricardo Cardenas sold 42,403 shares for more than $7.2 million, with prices ranging from $171.43 to $172.20 per share. Cardenas also acquired shares through option exercises on the same day.

Investors should pay attention to insider buying and selling activities, as they can provide valuable insight into a company’s internal outlook. While insider trading should not be the sole basis for investment decisions, it can provide additional context when combined with other fundamental and technical analysis. It is important to remember that insiders may have various reasons for their trades, and interpreting these moves requires careful consideration of several factors.

This article was generated with support from AI and reviewed by an editor. For more information, see T&C.