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Daily Special Report

Published Aug 11

The Cluster Watch List

Where insiders are buying their own stock

4 companiesCovering Aug 5 – Aug 10Data through Aug 10

LTGO is the clearest cluster: 2 separate insiders made purchases, rather than one insider buying repeatedly. That distinction separates it from FBIN, which has one insider across 3 filings. The purchases are open-market Form 4 disclosures made between Aug 5 and Aug 10. Session figures use the Aug 10 close versus the prior close.

Open-market dollars bought, with the session moveDOLLARS BOUGHT · SESSION MOVELTGO$5.0m+1.7%AHCO$395k-8.3%ELAN$334k+0.8%FBIN$2.0m-5.5%

Entry by entry — why each one is on the board

LTGOLatigo Biotherapeutics Inc.
Insiders2
Bought$5.0m
Session+1.7%

Two separate insiders filed purchases in LTGO, with the latest buy on Aug 10. Its $5.0m is the only amount here at $5.0m, while 2 is the biggest number of insiders buying of the 4 here.

2 separate insiders, 2 filings, latest buy Aug 10

AHCOAdaptHealth Corp.
Insiders2
Bought$395k
Session-8.3%

Against that, AHCO has 2 separate insiders across 3 filings, with the latest buy on Aug 7. The $395k bought is the biggest amount bought of the 4 here, while its -8.3% move was the biggest move on the session of the 4 here.

2 separate insiders, 3 filings, latest buy Aug 7

ELANElanco Animal Health Incorporated
Insiders2
Bought$334k
Session+0.8%

For ELAN, 2 separate insiders filed purchases, with the latest buy on Aug 7. At $334k, it had the second-largest amount bought of the 4 here, while its +0.8% move was the smallest move on the session of the 4 here.

2 separate insiders, 2 filings, latest buy Aug 7

FBINFortune Brands Innovations, Inc.
Insiders1
Bought$2.0m
Session-5.5%

By contrast, FBIN is one insider buying repeatedly across 3 filings, not a cluster. The $2.0m is the only amount here at $2.0m, and its -5.5% move was the second-largest move on the session of the 4 here.

One insider buying repeatedly - 3 filings, not a cluster

How this board was built

Open-market Form 4 purchases disclosed between Aug 5 and Aug 10. “Session” is the Aug 10 close vs the prior close. Insider buying is not a recommendation.