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Daily Special Report

Published Sep 26

The Cluster Watch List

Where insiders are buying their own stock

4 companiesCovering Sep 18 – Sep 25Data through Sep 25

DKS is the strongest cluster here: two separate insiders bought $1.2m, rather than one person filing repeatedly. Its latest buy was Sep 23, within open-market Form 4 purchases disclosed between Sep 18 and Sep 25. The Sep 25 session closed +2.4% versus the prior close, the biggest move among the four companies.

Open-market dollars bought, with the session moveDOLLARS BOUGHT · SESSION MOVEDKS$1.2m+2.4%LEN$348.8m+0.8%CRBG$47.1m+2.3%KBDC$2.9m+0.4%

Entry by entry — why each one is on the board

DKSDICK'S Sporting Goods, Inc.
Insiders2
Bought$1.2m
Session+2.4%

DKS has two separate insiders behind $1.2m bought, the biggest number of insiders buying of the four companies. Its +2.4% session move was also the biggest of the four.

2 separate insiders, 2 filings, latest buy Sep 23

LENLennar Corporation
Insiders1
Bought$348.8m
Session+0.8%

Repeated buying is the story at LEN: one insider accounts for 25 filings, so this is not a cluster. The $348.8m bought is the biggest amount among the four companies.

One insider buying repeatedly - 25 filings, not a cluster

CRBGCorebridge Financial, Inc.
Insiders1
Bought$47.1m
Session+2.3%

By contrast, CRBG has one insider buying repeatedly across 7 filings, not a cluster. Its $47.1m bought is the second-largest amount of the four companies.

One insider buying repeatedly - 7 filings, not a cluster

KBDCKayne Anderson BDC, Inc.
Insiders1
Bought$2.9m
Session+0.4%

Meanwhile, KBDC has one insider and 3 filings, leaving it with the smallest number of insiders buying among the four companies. Its +0.4% session move was the smallest of the group.

One insider buying repeatedly - 3 filings, not a cluster

How this board was built

Open-market Form 4 purchases disclosed between Sep 18 and Sep 25. “Session” is the Sep 25 close vs the prior close. Insider buying is not a recommendation.