February 19, 2025

Tuesday's Insider Activity: Key Buys and Sells in US Stocks Revealed

This article summarizes the top insider buys and sells for US stocks from Tuesday, February 18, 2025.

Top Insider Buys:

AppFolio, Inc. (NASDAQ: APPF )

AppFolio, Inc. saw significant insider buying activity from Jason Randall, the company's President and CEO. Randall acquired shares through various trusts, including the 2021 Hume Sibling Trust, 2021 Wolf Ancestor Trust, 2021 Wolf Descendants Trust, and 2021 Wolf Sibling Trust. As an investment advisor to these trusts, Randall has voting and dispositive power over the shares. The transactions resulted in the shares being held in multiple trusts, including the LWAW Revocable Trust and the 2012 Children's Trust. AppFolio demonstrates strong financial health with a current ratio of 5.3 and operates with minimal debt, according to InvestingPro's analysis.

Forian Inc. (NASDAQ: FORA )

Max C. Wygod, the Executive Chairman, CEO, and President of Forian Inc., purchased 880 shares of the company's common stock at a weighted average price of $2.96 per share. The transaction, totaling $2,604, increased Wygod's direct ownership to 1,328,927 shares. This insider buying comes as Forian's stock has shown remarkable momentum, with a 61% gain year-to-date and a 32% surge in the past week alone.

New Peoples Bankshares Inc. (NASDAQ:NWPP)

John D. Cox, a director at New Peoples Bankshares Inc., increased his holdings in the company by purchasing a total of 10,000 shares of common stock over two separate transactions. The acquisitions took place on February 14 and February 18, 2025, with share prices ranging from $3.04 to $3.0489, totaling $30,480. Following these purchases, Cox holds a total of 632,146 shares, with a portion held indirectly through the Cox Living Trust.

Millrose Properties, Inc. (NASDAQ:MRP)

Matthew B. Gorson, a director at Millrose Properties, Inc., acquired 2,500 shares of the company's Class A common stock at a price of $22.59 per share, totaling approximately $56,475. This transaction increases Gorson's direct ownership in the company to 2,500 shares. Additionally, Darren Richman, the Chief Executive Officer and President of Millrose Properties, Inc., purchased a total of 265,000 shares of Class A Common Stock over two days, February 13 and 14, amounting to an investment of approximately $6 million.

Top Insider Sells:

Zurn Elkay Water Solutions Corp (NYSE: ZWS )

April Jalazo, a former 10% owner of Zurn Elkay Water Solutions Corp, sold 8,912,500 shares of common stock at a price of $33.60 per share, totaling approximately $299.46 million. The sale was part of a secondary offering managed by Evercore Group L.L.C. Despite this divestment, Jalazo still holds a significant stake in the company through various trusts, maintaining a total of 15,002,819 shares post-sale.

Adaptive Biotechnologies Corp (NASDAQ: ADPT )

Chad M. Robins, the CEO and Chairman of Adaptive Biotechnologies Corp, sold shares worth approximately $3.99 million under a Rule 10b5-1 trading plan. The sales were executed over three days, with a total of 470,368 shares sold at prices ranging from $8.30 to $8.91 per share.

BellRing Brands, Inc. (NYSE: BRBR )

Robert Vitale, a director at BellRing Brands, Inc., divested a total of 79,068 shares, generating approximately $6.1 million. The shares were sold at prices ranging from $77.02 to $77.56 per share. This transaction was part of a move to cover tax obligations related to the vesting of previously granted restricted stock units.

Carvana Co. (NYSE: CVNA )

Mark W. Jenkins, the Chief Financial Officer of Carvana Co., sold a total of 48,422 shares of Carvana's Class A Common Stock. The sales occurred on February 14 and 18, 2025, at prices ranging from $275.55 to $288.85 per share, amounting to a total transaction value of approximately $13.7 million.

Robinhood Markets , Inc. (NASDAQ: HOOD )

Baiju Bhatt, a director at Robinhood Markets, Inc., disposed of a total of 522,180 shares of Class A Common Stock, realizing approximately $32.7 million. The shares were sold at prices ranging from $62.00 to $62.8672 under a Rule 10b5-1 trading plan.

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 essential to consider these transactions in conjunction with other fundamental and technical analysis to make informed investment choices.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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