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Daily Special Report

Published Sep 22

The Cluster Watch List

Where insiders are buying their own stock

3 companiesCovering Sep 16 – Sep 21Data through Sep 21

LEN carries the biggest amount bought, but it is not a cluster: one insider accounts for 16 filings. GLP and GSAT also show one insider each, so no name on this board clears the two-insider test for a cluster. The purchases were disclosed between Sep 16 and Sep 21, while the session figures refer to the Sep 21 close versus the prior close.

Open-market dollars bought, with the session moveDOLLARS BOUGHT · SESSION MOVELEN$212.4m+2.2%GLP$1.3m+3.3%GSAT$29.8m+0.2%

Entry by entry — why each one is on the board

LENLennar Corporation
Insiders1
Bought$212.4m
Session+2.2%

At LEN, one insider bought $212.4m across 16 filings, so repeated buying does not make a cluster. That was the biggest amount bought of the 3 here, while its +2.2% move was the second-largest move on the session.

One insider buying repeatedly - 16 filings, not a cluster

GLPGlobal Partners LP
Insiders1
Bought$1.3m
Session+3.3%

By contrast, GLP shows one insider and $1.3m bought across 5 filings, which also does not meet the cluster definition. The amount was the smallest bought of the 3 here, while +3.3% was the biggest move on the session.

One insider buying repeatedly - 5 filings, not a cluster

GSATGlobalstar, Inc.
Insiders1
Bought$29.8m
Session+0.2%

For GSAT, one insider appears in 1 filing, with the latest buy on Sep 18, so this is not a cluster either. The $29.8m bought was the second-largest amount of the 3 here, while +0.2% was the smallest move on the session.

One insider, 1 filing, latest buy Sep 18

How this board was built

Open-market Form 4 purchases disclosed between Sep 16 and Sep 21. “Session” is the Sep 21 close vs the prior close. Insider buying is not a recommendation.