Thursday’s Insider Moves: Top Buys and Sells in US Stocks Revealed

This article summarizes the most significant insider buying and selling activities for US stocks reported on Thursday, January 23, 2025.

Top Insider Buys:

• American Strategic Investment Co. (NYSE:): Nicholas S. Schorsch, a major shareholder of American Strategic Investment Co., demonstrated confidence in the company by purchasing a total of 3,394 shares of Class A common stock over two consecutive days. On January 21, Schorsch acquired 1,697 shares at an average price of $9.20 per share, followed by another 1,697 shares on January 22 at $9.05 per share. The total value of these transactions amounted to $30,970. Despite the company’s weak financial health score, it’s trading at just 0.26 times book value, potentially indicating undervaluation. However, investors should note the significant debt concerns highlighted by InvestingPro data.

• Alset Inc. (NASDAQ:): Chan Heng Fai Ambrose, the Chief Executive Officer of Alset Inc., made a substantial insider purchase on January 22, 2025. Ambrose acquired 50,000 shares of the company’s common stock through multiple trades executed at prices ranging from $0.82 to $0.86 per share, totaling $42,500. Following this acquisition, Ambrose directly owns 5,938,438 shares, with an additional 319,000 shares held indirectly through HFE Holdings Limited. This insider buy comes as the stock has declined 26% over the past six months, though the company maintains a strong balance sheet with more cash than debt.

• 89bio, Inc. (NASDAQ:): Hank Mansbach, the Chief Medical (TASE:) Officer of 89bio, Inc., demonstrated confidence in the company’s prospects by purchasing a total of 15,000 shares over two days. On January 21, Mansbach acquired 5,000 shares at $6.55 per share, followed by an additional 10,000 shares on January 22 at a weighted average price of $6.71 per share. These transactions brought Mansbach’s total holdings to 25,000 shares in the $815 million market cap company. 89bio maintains a strong balance sheet with more cash than debt, and analyst price targets for the stock range from $12 to $49 per share.

Top Insider Sells:

• Williams-Sonoma, Inc. (NYSE:): Laura Alber, the President and CEO of Williams-Sonoma, Inc., executed a series of stock sales on January 21 and 22, 2025. Alber sold a total of 60,000 shares at prices ranging from $194.51 to $197.86 per share, resulting in a total transaction value of approximately $11.8 million. Following these sales, Alber retains direct ownership of 944,666 shares and indirect ownership of 33,106 shares through a managed account. The sales were conducted under a Rule 10b5-1 trading plan, which allows company insiders to set up predetermined stock sale plans.

• Snowflake Inc . (NYSE:): Frank Slootman, the CEO of Snowflake Inc., engaged in a series of transactions involving the company’s stock. Slootman sold 250,000 shares at prices ranging from $193.09 to $195.99 per share, generating approximately $48.5 million. Additionally, Slootman exercised options to acquire 200,000 shares at $8.88 per share, totaling $1.776 million. Following these transactions, Slootman retains direct ownership of 195,281 shares of Snowflake stock. The company, with a market capitalization of $57.7 billion, has demonstrated strong revenue growth of 30% year-over-year.

• Trade Desk, Inc. (NASDAQ:): Jeffrey Terry Green, President and CEO of Trade Desk, Inc., executed a series of stock sales on January 21 and 22. Green sold a total of 925,540 shares of the company’s Class A Common Stock at prices ranging from $120.85 to $125.99 per share, resulting in a total transaction value of approximately $113.8 million. These sales were conducted under a pre-arranged 10b5-1 trading plan adopted in September 2024. Trade Desk has delivered an impressive 71% return over the past year and currently has a market capitalization of $58.7 billion.

• Vertex (NASDAQ:), Inc. (NASDAQ:): The ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL, a significant shareholder of Vertex, Inc., sold a total of 72,000 shares of Class A common stock on January 22 and 23, 2025. The shares were sold at weighted average prices ranging from $56.48 to $56.52 per share, amounting to a total value of approximately $4.07 million. Following these sales, the trust now holds 1,211,100 shares of Vertex, which has a market capitalization of $8.89 billion and has delivered a 126% return over the past year.

• BlackRock, Inc. (NYSE:): J. Richard Kushel, Senior Managing Director at BlackRock, Inc., sold 10,000 shares of the company’s common stock at $1,010 per share on January 21, 2025, generating a total of $10.1 million. Kushel also exercised stock options to acquire 10,000 shares at $513.50 per share, adding $5.135 million to his holdings. Following these transactions, Kushel holds 78,433.34 shares directly. BlackRock, with its $157 billion market capitalization, maintains a strong financial health score and has delivered a robust 31.5% return over the past year.

Investors should stay tuned to insider buying and selling activities as they can provide valuable insights into a company’s prospects. While insider transactions alone should not be the sole basis for investment decisions, they can offer clues about management’s confidence in the company’s future performance. However, it’s important to consider these moves in the context of broader market trends, company fundamentals, and individual investment goals before making any financial decisions.

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