Insider Trading Daily Recap - April 23, 2026
April 23, 2026: 42 insider buys ($56.21M) and 106 sells ($271.06M). 13 dip buys detected.
In This Article
Here's your daily summary of insider trading activity from SEC Form 4 filings filed on April 23, 2026.
Largest Insider Purchases
The biggest open market purchases by corporate insiders today:
Insiders Buying the Dip
These insiders purchased shares while their stock was trading 15%+ below its 52-week high - a potentially bullish signal:
| Stock | Insider | Value | % Below 52W High |
|---|---|---|---|
| PRLD | Bonita David P | $7.50M | 19.6% |
| PRLD | ORBIMED ADVISORS LLC | $7.50M | 19.6% |
| PRLD | ORBIMED ADVISORS LLC | $5.00M | 19.6% |
| PRLD | Bonita David P | $5.00M | 19.6% |
| LSF | Nexus Capital Management LP | $128.5K | 52.8% |
| LSF | NEXUS SPECIAL SITUATIONS III, L.P. | $85.7K | 52.8% |
| LSF | Nexus Capital Management LP | $85.7K | 52.8% |
| PMN | Kirwin Patrick D. | $45.3K | 59.5% |
| JYNT | JOBSON CHARLES E | $4.4K | 31.4% |
| MSS | Xu John | $1.9K | 90.6% |
Bullish Reversals
These insiders were net sellers over the past 30 days but have now started buying - a potential signal of changing sentiment:
- MXF - Saba Capital Management, L.P. purchased $2.18M worth of shares
- MXF - Saba Capital Management, L.P. purchased $76.6K worth of shares
Notable Insider Sales
The largest insider sales filed today. Note: Insider selling can occur for many reasons unrelated to company outlook (diversification, estate planning, tax obligations, etc.):
| Stock | Insider | Shares | Value |
|---|---|---|---|
| SMR | FLUOR CORP | 13,500,000 | $159.42M |
| CRWV | Intrator Michael N | 90,943 | $10.51M |
| SBC | Aikawa Yoshiyuki | 3,100,000 | $9.37M |
| ANET | Ullal Jayshree | 36,685 | $6.20M |
| MGTX | PERCEPTIVE ADVISORS LLC | 300,000 | $6.00M |
How to Interpret Insider Trading Data
Insider trading data from SEC Form 4 filings can provide valuable signals, but requires context:
- Open market purchases are most significant: When insiders voluntarily buy shares with their own money, it often signals confidence.
- Buying the Dip matters: Insiders purchasing when their stock is down significantly may have insight into the company's prospects.
- Selling is less informative: Insiders sell for many personal reasons unrelated to company outlook.
- Cluster buying is powerful: Multiple insiders buying around the same time is a stronger signal than individual trades.
- Consider position size: Large purchases relative to an insider's holdings show higher conviction.
Track all insider trades in real-time on our Insider Trades page.
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