Monday's Insider Trading Activity: Key Buys and Sells in US Stocks

investing.com 22/10/2024 - 13:21 PM

Top Insider Buys and Sells for US Stocks (October 21, 2024)

Top Insider Buys

Advent Convertible & Income Fund (NYSE:AVK): Significant purchases were made by trustees and officers on October 17, 2024, as part of a rights offering:
Gerald L. Seizert: 1,226 shares at $11.28, totaling approximately $13,840.
Nancy E. Stuebe: 1,576 shares at $11.28 each, totaling $17,777, increasing total holdings to 6,353.261 shares.
Ronald Nyberg: 3,671 shares at $11.28, totaling $41,408, increasing direct holdings to 14,657 shares.
Tracy V. Maitland: Chairman, President, and CEO, purchased 13,179 shares at $11.28, totaling $148,659, increasing direct ownership to 52,717 shares.

Top Insider Sells

nCino, Inc. (NASDAQ:NCNO): Significant sales reported on October 18, 2024:
Jeff Horing: Sold 1,833,975 shares at $36.50 to $36.65 each, totaling approximately $67.17 million.
Insight Holdings Group, LLC: Sold 1,756,975 shares at similar prices, totaling approximately $67.1 million across various affiliated entities.

Carvana Co. (NYSE:CVNA): Ernest C. Garcia II sold shares worth approximately $38.38 million on October 17 and 18, 2024, at weighted average prices of $189.30 to $196.07 under a pre-established Rule 10b5-1 trading plan.

Investors should monitor insider transactions as they can provide valuable insights into company prospects. Insider transactions should not be the sole basis for investment decisions, but can offer context when combined with fundamental and technical analysis.

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