Originally posted on Reddit, r/InsiderTradingAlerts, go check it out.
Hi everyone,
I’m trying to do more of these daily analyses of the alerts to help you understand how to trade them, and what to look for. Today, the primary alerts were these two:
Now I look at the huge amount transacted for IMVT and my first thought is – this looks l like an institutional buy. No insider, like a director or CEO actually has 336 million.
This is something really important to understand – it is really hard to parse what may or may not be significant sometimes automatically. In a quick google search, we find that it is a company that sat as a director of IMVT buying 336 million in a liquidity event: https://finance.yahoo.com/news/roivant-sciences-buys-immunovant-inc-134507404.html
This may signal a strong conviction for the long term health of the company, but it is definitely harder for this to be seen as an immediate price catalyst for the stock by the market.
So lets look at the next ticker, JOB.
We see an average high of 5.3 – which is fantastic, and when we search the ticker, we see low stock price. Even better – a volatile penny stock. And this is what happened today: Plus 20% return!
This insider made a nice 6k today – not too much but good for them.
Here are the “bonus” high risk alerts that were for today as well.
Today’s takeaway:
Understand the difference between an institutional buy and its ramifications, vs an individual.
There is tons more data on the website if you are a subscriber, like tables of the daily returns of each stock, and more details on the filing itself. This email is meant to be easy to read and digestible.
https://www.insidertradingalerts.com/ – go sign up.