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Daily Special Report

Published Sep 12

The Cluster Watch List

Where insiders are buying their own stock

4 companiesCovering Sep 4 – Sep 11Data through Sep 11

ENOV is the strongest cluster here: 2 separate insiders bought $450k, so this is multiple insiders buying rather than one person buying repeatedly. KMT also has 2 separate insiders behind $355k, while AMR and CRBG each involve one insider. The open-market Form 4 purchases were disclosed between Sep 4 and Sep 11, and the Sep 11 close is measured against the prior close.

Open-market dollars bought, with the session moveDOLLARS BOUGHT · SESSION MOVEENOV$450k+4.7%KMT$355k+1.1%AMR$2.3m-3.8%CRBG$4.6m+1.4%

Entry by entry — why each one is on the board

ENOVEnovis Corporation
Insiders2
Bought$450k
Session+4.7%

ENOV has 2 separate insiders across 4 filings, with the latest buy on Sep 4. Its $450k is the biggest amount bought of the 4 here, and its +4.7% session move is also the biggest move on the session of the 4 here.

2 separate insiders, 4 filings, latest buy Sep 4

KMTKennametal Inc.
Insiders2
Bought$355k
Session+1.1%

By contrast, KMT has 2 separate insiders across 2 filings, with the latest buy on Sep 10. The $355k bought is the second-largest amount bought of the 4 here, while its +1.1% session move is the smallest move on the session of the 4 here.

2 separate insiders, 2 filings, latest buy Sep 10

AMRAlpha Metallurgical Resources, Inc.
Insiders1
Bought$2.3m
Session-3.8%

Repeated buying by one insider puts AMR outside a cluster: 6 filings account for $2.3m bought. That is the smallest amount bought of the 4 here, while its -3.8% session move is the second-largest move on the session of the 4 here.

One insider buying repeatedly - 6 filings, not a cluster

CRBGCorebridge Financial, Inc.
Insiders1
Bought$4.6m
Session+1.4%

At CRBG, one insider made 1 filing, with the latest buy on Sep 9. The $4.6m bought is the third-largest amount bought of the 4 here, and its +1.4% session move is the third-largest move on the session of the 4 here.

One insider, 1 filing, latest buy Sep 9

How this board was built

Open-market Form 4 purchases disclosed between Sep 4 and Sep 11. “Session” is the Sep 11 close vs the prior close. Insider buying is not a recommendation.