Overview
The day featured major insider buying in services and energy, with significant sales activity in insurance, IT services, and industrials.
High Signal
COE — Chief Executive Officer (Huang Jack Jiajia) purchased $27.36M across 11 filings between 2026-03-26 and 2026-04-09 (largest purchase out of 11 total for COE). One other insider also purchased in the last 30 days.
SMC — LLC Connect Midstream bought $37.95M (first recorded purchase). Two other insiders also purchased Summit Midstream in the last 30 days.
Notable Buys
MESO — George Gregory purchased $11.13M in MESOBLAST LTD across 21 filings (ranks as 2nd largest MESO buy out of 21 total). Prior to these, held approximately $12M. Aggregate buying reflects a 50% increase in holdings, demonstrating significant incremental commitment.
GF — L.P. Saba Capital Management purchased $2.24M in NEW GERMANY FUND INC across multiple purchases (first and only purchase recorded for GF). Saba Capital is known for activist moves in closed-end funds. This activity represents a 6% increase in position size. Another insider also purchased in the last 30 days.
HTO — ATLAS Infrastructure Partners (UK) Ltd. purchased $2.98M in H2O AMERICA (first recorded purchase). This marks their initial disclosed entry into HTO.
Notable Sells
SMR — Corp Fluor sold $162.90M in NUSCALE POWER Corp. This is the largest sale in today's sample and follows a previously high holding. Heavy selling likely signals a strategic decision or partial exit from a controlling investor.
SLDE — Chief Executive Officer (Lucas Bruce) and President & COO (Lucas Shannon) sold $10.12M in Slide Insurance Holdings, Inc. across several filings between 2026-04-09 and 2026-04-13, with 3 insiders selling in the last 30 days. The cluster of executive-level sales suggests a coordinated reduction.
AFL — Ltd. Japan Post Holdings Co. sold $9.76M in AFLAC INC over two filings, with Japan Post Holdings and another named insider transacting. Modest holding change; this may reflect ongoing portfolio management.
WDAY — David A Duffield sold $11.51M in Workday, Inc. across 6 filings on 2026-04-09, representing a material reduction in holdings.
UWMC — President and CEO (Mat Ishbia) sold $11.28M in UWM Holdings Corp across 3 consecutive filings between 2026-04-09 and 2026-04-13.
Patterns
- Three buy tickers—COE, MESO, and HTO—reflect insiders making multi-million dollar purchases in sectors ranging from services to healthcare and utilities.
- Executive clusters dominate the sell side in insurance (SLDE) and IT (WDAY), with multiple insiders transacting in narrow time windows.
- Activist and institutional investors like Saba Capital are making notable moves in asset management and fund tickers.
Close
Top buy tickers by $ value: COE $27.36M, SMC $37.95M, MESO $11.13M.
Top sell tickers by $ value: SMR $162.90M, WDAY $11.51M, UWMC $11.28M.