Daily Insider Ratings Round Up 4/1/20

InsiderInsights’ Daily Round Up articles rate the “Significance” of the Top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the “Significance” of an insider transaction, however, and often not even the most important one.

When a new insider transaction occurs, our programs mathematically score the significance of the company’s 3-month insider profile based on numerous criteria programmed into our expert system.

Stocks that achieve an InsiderInsights Company Rating of “Significant” and “Leaning” Bullish or Bearish have been independently validated to generate alpha as a group and should be considered by investors looking for new long and short investments.

Seasonal Note: Insider filing volumes are waning right on cue, as companies close trading windows to their insiders until after March-quarter financials are released. Insider trades usually pick up again in May, but it will be interesting to see if the immense market sell-off changes executives’ behavior during the normally slower month of April.

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On Today’s Tables:

Insider trades were rated Significant at :

• National CineMedia (NCMI);
• Myovant Sciences (MYOV);
• MGM Resorts Intl (MGM);
• Five Point (FPH), and;
• Accelerate Diag (AXDX).

Insider trades were rated Nearly Significant at:

• Intl Flavors (IFF);
• Clearway Energy (CWEN), and;
• XPO Logistics (XPO).

Insider trades were considered Insignificant at:

• Zoom Video Communications (ZM);
• Smartsheet (SMAR);
• Nvidia (NVDA);
• Eli Lilly (LLY);
• Guardant Health (GH);
• DocuSign (DOCU), and;
• Digital Realty Trust (DLR).

There is a Conflicted Insider Signal (both purchases & sales) at:

• Synnex (SNX);
• NexPoint Strategic Opportunities Fund (NHF), and;
• Baxter Intl (BAX).

There is an IPO or Known Corporate Action at:

• AquaVenture Holdings (WAAS).

It’s difficult to argue significance for most transactions made during IPOs, or when insiders make trades during a known corporate action.

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Insider Purchases

#:	Filer Name	Insider Titles	Company Name	Ticker	TransType	Dollar Value
1	Advent Intl	BO	AquaVenture Holdings	WAAS	JB*	$2,599,288,704
2	Meister Keith A	DIR	MGM Resorts Intl	MGM	B	$11,939,100
3	Silver Star Dev	BO	Synnex	SNX	B	$3,712,089
4	Luxor Capital	BO	Five Point	FPH	B	$3,079,456
5	Global Infra Invi	BO	Clearway Energy	CWEN	AB	$2,295,000
6	Standard General	BO	National CineMedia	NCMI	B	$1,724,839
7	Sumitomo Chemical	BO	Myovant Sciences	MYOV	AB	$1,093,750
8	Winder Investment Pte	BO	Intl Flavors	IFF	JB*,B	$1,056,456
9	Martin Sean	VP,GC	Baxter Intl	BAX	B	$803,818
10	Schuler Jack W	DIR,BO	Accelerate Diag	AXDX	B	$687,200

Insider Sales

#:	Filer Name	Insider Titles	Company Name	Ticker	TransType	Dollar Value
1	Pelosi Janine	SO	Zoom Video Communications	ZM	AS	$30,180,944
2	Salem Enrique T	DIR	DocuSign	DOCU	S	$29,925,000
3	Eltoukhy Helmy	CEO,DIR	Guardant Health	GH	AS	$19,729,106
4	Spruce House Partnership	BO	XPO Logistics	XPO	S	$11,105,613
5	Lilly Endowment	BO	Eli Lilly	LLY	S	$5,457,474
6	Gaither James C	DIR	Nvidia	NVDA	S	$4,221,353
7	Stein A William	CEO,DIR	Digital Realty Trust	DLR	AS	$3,500,000
8	Power Andrew	CFO	Digital Realty Trust	DLR	AS	$1,750,000
9	Dondero James D	BO	NexPoint Strategic Opportunities Fund	NHF	S	$1,642,082
10	Barker Geoffrey T	DIR	Smartsheet	SMAR	AS	$1,306,606

Source: InsiderInsights.com. Key to Insider Title and Trans Type Codes:B = Open-market Buy; AB = 10b5-1 (automatic) Buy; JB* = Buy indicated as being open-market but not confirmed by trading price range and volume for the session. S = Open-market Sale; AS = 10b5-1 (automatic) Sale; JS* = Sale indicated as being open-market but not confirmed by trading price range and volume for the session.

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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.