On May 20, 2026, we detected 4 new cluster buys including a $191.2M purchase in $BXDC by 8 insiders, and 5 notable insider purchases. Blackstone Treasury Holdings III L.L.C. (10% Owner) bought $182.2M of $BXDC. Data sourced from SEC Form 4 filings analyzed by Average Insider.
⚠️ For information purposes only. This information is provided for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other type of advice. All investments carry risk, including the potential loss of principal. Past performance is not indicative of future results. You should consult with a qualified financial advisor, accountant, or other professional before making any investment decisions. The information contained in this newsletter is not intended to be a substitute for professional financial advice.
📊 Insider Trading Insights — May 20, 2026
Tracking insider purchases and cluster buys over the past 7 days. Insider buying can indicate confidence in a company's future, while cluster buys (multiple insiders buying around the same time) are particularly noteworthy signals.
🔥 Cluster Buys
| | |
| Date Range May 15, 2026 – May 15, 2026 | |
👥 Participant Details
Keenan Katharine A Director | 25,000 shares $500,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$58,500) | Marone Anthony F. JR Chief Financial Officer and Treasurer. | 10,000 shares $200,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$23,400) |
Blackstone Treasury Holdings III L.L.C. 10% Owner | 9,111,795 shares $182,235,900 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$21,321,600) | Blackstone Treasury Holdings III L.L.C. 10% Owner | 375,000 shares $7,500,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$877,500) |
Morefield Diane M Director | 5,000 shares $100,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$11,700) | Pell Nicholas L. Director | 25,000 shares $500,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$58,500) |
Mouat Rory Chief Legal Officer and Secretary. | 500 shares $10,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$1,170) | Forman Michael John Chief Investment Officer | 5,000 shares $100,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$11,700) |
Diverio Michael A. Director | 5,000 shares $100,000 @ $20.00/share 2026-05-15T00:00:00 |
P&L: +11.7% (+$11,700) | |
📰 Recent News (Last 7 Days)
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| Date Range May 15, 2026 – May 15, 2026 | |
👥 Participant Details
Nelson James Carl Director | 50,000 shares $925,000 @ $18.50/share 2026-05-15T00:00:00 |
P&L: +25.9% (+$239,500) | Nelson James Carl Director | 50,000 shares $925,000 @ $18.50/share 2026-05-15T00:00:00 |
P&L: +25.9% (+$239,500) |
Reed Stephanie L Director | 13,513 shares $249,990 @ $18.50/share 2026-05-15T00:00:00 |
P&L: +25.9% (+$64,727) | Wallace Michael Wayne Director | 250,000 shares $4,625,000 @ $18.50/share 2026-05-15T00:00:00 |
P&L: +25.9% (+$1,197,500) |
Kumar Raj Director | 5,405 shares $99,992 @ $18.50/share 2026-05-15T00:00:00 |
P&L: +25.9% (+$25,890) | Lott Jeff Slaughter Director | 250,000 shares $4,625,000 @ $18.50/share 2026-05-15T00:00:00 |
P&L: +25.9% (+$1,197,500) |
📊 Valuation & Analyst Info
P/E Ratio: 0.0 (1.0x below Oil & Gas Equipment & Services avg (22.6)) (1.0x below Energy avg (54.2))
📰 Recent News (Last 7 Days)
| | |
| Date Range May 14, 2026 – May 15, 2026 | |
👥 Participant Details
Divisadero Street Capital Management, LP 10% Owner | 95,371 shares $2,406,830 @ $25.24/share 2026-05-14T00:00:00 |
P&L: -0.1% ($3,481) | Divisadero Street Capital Management, LP 10% Owner | 1,500 shares $34,469 @ $22.98/share 2026-05-14T00:00:00 |
P&L: +9.7% (+$3,331) |
Divisadero Street Capital Management, LP 10% Owner | 35,000 shares $921,378 @ $26.33/share 2026-05-14T00:00:00 |
P&L: -4.3% ($39,378) | Zolezzi William 10% Owner | 1,500 shares $34,469 @ $22.98/share 2026-05-14T00:00:00 |
P&L: +9.7% (+$3,331) |
Zolezzi William 10% Owner | 35,000 shares $921,378 @ $26.33/share 2026-05-14T00:00:00 |
P&L: -4.3% ($39,378) | Zolezzi William 10% Owner | 95,371 shares $2,406,830 @ $25.24/share 2026-05-14T00:00:00 |
P&L: -0.1% ($3,481) |
Divisadero Street Capital Management, LP 10% Owner | 33,174 shares $838,290 @ $25.27/share 2026-05-15T00:00:00 |
P&L: -0.3% ($2,306) | Zolezzi William 10% Owner | 33,174 shares $838,290 @ $25.27/share 2026-05-15T00:00:00 |
P&L: -0.3% ($2,306) |
📊 Valuation & Analyst Info
Fair Value: $28.15 (+11.7% undervalued vs current price)
P/E Ratio: 26.6 (2.5x above Packaged Foods avg (7.5)) (0.4x below Consumer Defensive avg (43.5))
Analyst Consensus: Buy
Price Target: $35.00 (Low: $35.00 | High: $35.00 | Median: $35.00)
📰 Recent News (Last 7 Days)
| | |
| Date Range May 14, 2026 – May 15, 2026 | |
👥 Participant Details
Agree Joey Director | 13,295 shares $1,002,576 @ $75.41/share 2026-05-14T00:00:00 |
P&L: +0.3% (+$2,659) | Lehmkuhl Greg Director | 750 shares $56,318 @ $75.09/share 2026-05-14T00:00:00 |
P&L: +0.7% (+$390) |
RAKOLTA JOHN JR Director | 20,000 shares $1,491,400 @ $74.57/share 2026-05-15T00:00:00 |
P&L: +1.4% (+$20,800) | |
📊 Valuation & Analyst Info
Fair Value: $175.57 (+132.2% undervalued vs current price)
P/E Ratio: 39.0 (0.3x above REIT - Retail avg (30.8)) (0.3x below Real Estate avg (56.6))
Analyst Consensus: Buy
Price Target: $83.83 (Low: $80.00 | High: $91.00 | Median: $83.00)
📰 Recent News (Last 7 Days)
💰 Individual Insider Buys
Transaction Date May 15, 2026 | | |
Purchase Value $182,235,900 | | |
P&L: +11.7% (+$21,321,600)
📰 Recent News (Last 7 Days)
Transaction Date May 15, 2026 | | |
Purchase Value $64,428,509 | | |
P&L: +24.9% (+$16,016,807)
📊 Valuation & Analyst Info
Fair Value: $-163.28 (-2544.3% overvalued vs current price)
P/E Ratio: -6312.1
Analyst Consensus: Buy
Price Target: $19.00 (Low: $15.00 | High: $22.00 | Median: $20.00)
📰 Recent News (Last 7 Days)
📈 Recent Earnings: 2026-09-02
Transaction Date May 15, 2026 | | |
| | |
P&L: +24.9% (+$2,128,000)
📊 Valuation & Analyst Info
Fair Value: $-163.28 (-2544.3% overvalued vs current price)
P/E Ratio: -6312.1
Analyst Consensus: Buy
Price Target: $19.00 (Low: $15.00 | High: $22.00 | Median: $20.00)
📰 Recent News (Last 7 Days)
📈 Recent Earnings: 2026-09-02
Transaction Date May 15, 2026 | | |
| | |
📰 Recent News (Last 7 Days)
Transaction Date May 15, 2026 | | |
| | |
📊 Valuation & Analyst Info
Fair Value: $233.96 (+8.8% undervalued vs current price)
P/E Ratio: 30.9 (0.9x below Waste Management avg (464.1)) (0.2x below Industrials avg (38.7))
Analyst Consensus: Buy
Price Target: $241.25 (Low: $223.00 | High: $255.00 | Median: $245.00)
📰 Recent News (Last 7 Days)
📈 Recent Earnings: 2026-08-04
⚠️ Important Disclaimers
Investment Disclaimer: This content is for informational purposes only and should not be considered investment advice.
Data Accuracy: All information is sourced from SEC filings and third-party data providers. Errors or omissions may occur.
Market Risks: Past insider buying activity does not guarantee future performance.
Professional Advice: Consult with qualified financial professionals before making any investment decisions.