Insider Buying

Reflecting on Insider Buyings Which Propelled Their Stocks in 2021

Collage of Logos of the companies in red shade: Generali, Finefood, Texas Pacific, Pernord Richart, Energy Transfer,  Vestum, Airtime, LVMH and GL events.

It is doubtless that 2021 was a rollercoaster ride for the stock market. A plethora of companies’ stocks soared in the wake of their activities.

In the light of 2iQ’s specialties, let's recap on the stocks that experienced noteworthy Insider buying which sent green signals followed by price increases. We’ve listed issuers who had the largest Insider Buying in terms of value, and then, the issuers who had the most Insider Buying sorted by volume.

Issuers with the Largest Monetary Trades

Assicurazioni Generali Spa (G:IM)

Based in Italy, Generali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development and welfare of modern societies. On January 25, 2021, Generali announced a joint venture with Sanofi, Capgemini and Orange to implement a start-up that will aid in the development of E-healthcare services.

The most frequent trader was Francesco Gaetano Caltagirone, Non-Executive Vice Chairman, who purchased $G stock under the entity VM 2006 SRL, worth millions. Post his final purchase, his holdings amounted to around 116 million at the end of 2021.

At the start of 2021, the price of $G was 14.50 EUR, and ended the year with 18.63 EUR ($21.24). This signified a rise of around 28.48% in one year. Currently, $G’s value is $20.86 (18.46 EUR).

Insider Buying Chart - Assicurazioni Generali Spa

LVMH Moet Hennessy Louis Vuitton SE (MC:FP)

The French company has served in the Consumer Durables & Apparel sector for nearly 34 years. Presently, the company has an M.Cap. of 409.74 B USD.

2021 was a year filled with eye-catching headlines for LVMH. On January 7, 2021, the company announced the completion of its acquisition of Tiffany & Co. (NYSE: TIF). This was followed by a string of expensive Insider Buying in the coming months by the company’s top management. Especially Bernard Arnault, CEO/Chairman who bought $12.1 M worth of $MC on January 27, 2021, following his purchases in December 2020. Arnault’s buying continued, as stated in an April 05, 2021 article.

The CEO continued to buy nearly millions worth of shares under several entities all the way till Nov ‘21, as stated in a May report by 2iQ. Presently, his holdings were roughly 242.8 M.

Insider Buying Chart - LVMH Moet Hennessy Louis Vuitton SE

In a December 29, 2021 report by Barron’s, LVMH was listed among retail stocks recommended to investors because they have a history of standing tall even during market recessions and bringing back strong returns.
Currently, price is $822.02 USD (727.10 EUR) and up by 44.62% since the past year

Energy Transfer LP Unit (ET:US)

The American Energy provider has a present M. Cap of 30.2 B USD. Currently, the stock is priced at $9.24, while it’s value rose by 35.29% in the past year.

Among the Insiders who bought $ET in bulky values were Founder/Chairman/CEO, Kelcy Lee Warren, as well as CFO, Bradford D. Whitehurst. Adding to the list were several of the company’s directors who also stocked up.

In the first week of 2022, an article stated reasons as to why $ET would be an investor’s favorite for the coming year. Reasons for this included that the Energy company’s revenues for 2021 reported a net income of $635 million.

Insider Buying Chart - Energy Transfer LP Unit

The stock’s strong performance has continued even in 2022, when it outperformed the market on January 7.

Vestum AB (WESC: SS)

This Swedish Capital Goods company has been frequently present on 2iQ’s radar. The current price is at (4.67 EUR), with an M. Cap of 2.0 B USD.

Of all the issuers mentioned, $WOS had the largest price rise; a whopping 23,250.02% since last year.

Hefty, significant trades were made by the company’s Insiders starting with Per-Arne Ahlgren, Ind. Chairman of the Board. In July’21, a study revealed a cluster of Insiders were buying $WOS stock as well as the Issuer’s several acquisitions in the construction industry.

The company’s Founder/President/CEO, Lars Conny Ryk, who bought around $5.8M worth of $WOS. His trades, along with that of Director, Anders Rosenqvist, were highlighted in an Oct ‘21 report by 2iQ.

Insider Buying Chart - Vestum AB

Issuers with the Largest No. of Trades

Airtime Partecipazioni Ord Shs (ALAIR: FP)

This Italian company, founded in 2017, specializes in telecommunication services, and made its debut in the stock market in September 2021, in the Euronext Growth Market.

At present, $ALAIR is valued at 76.00 EUR, which signifies a whopping increase of 660.00% since the issuer’s IPO. Since the company’s first public offering, there have been 70 insider buyings, mostly by Orlando Taddeo, Airtime’s Founder & CEO.

Insider Buying Chart - Airtime Partecipazioni Ord Shs

Texas Pacific Land Corp (TPL: US)

This American issuer had a total of 1,778 purchases by Insiders throughout 2021. $TPL began the year with $799.2, but now is valued at $1,260.10 which marks a 59.42% increase from the beginning of 2021 to the end.

$TPL was purchased vastly by Murray Stahl, Director as well as by HORIZON KINETICS ASSET MANAGEMENT LLC, Texas Pacific’s Investment Advisory Comp. which is also represented on the company’s board.

In its financial earnings statement for the second quarter of 2021, the company reported its net income was $57.0 million, which was a 106.8% growth compared to the same period in 2020.

Insider Buying Chart - Texas Pacific Land Corp

GL Events SA (GLO: FP)

Founded in 1978, this French company provides event services. In 2021, this issuer saw 101 Insider purchases, and presently, the M. Cap. is standing at $594.35 M.

Much of the Insider buying was by GL’s Management Holding, POLYGONE S.A. The company’s Founder/Chairman/CEO, Olivier Ginon, also frequently bought $GLO. With no sale throughout the year, his holdings currently stand at around 16.5 million.

Compared to the pandemic stricken year of 2020, GL Events saw a substantial increase in both stock price as well as it’s event services. The company’s price which fell in 2020, increased the following year by 73.31%

Insider Buying Chart - GL Events SA

Fine Foods & Pharmaceuticals NTM SpA (FF: IM)

With 91 Insider buys in 2021, $FF current stock value is 15.20 EUR, which was a 40.93% increase from the beginning of 2021.

The Italian company’s M. Cap. is currently 800.61 M USD. The company’s directors, Marco Costaguta and Federico Oriani were its most frequent traders.

As announced on January 19, 2021, Fine Foods began the year with a pomp with the completion acquisition of Pharmatek PMC S.r.l. Following this, Fine Foods applied to Borsa Italiana in order to be listed on the MTA on April 23, 2021. Later, a news scheduled for July 8, 2021, that Fine Foods shares and warrants were now available on Borsa Italiana’s STAR segment in the MTA and that the issuer would be exiting the AIM Italia. Fine Foods later added another feather to its cap, announcing on October 08, 2021, that it had acquired a controlling stake in Euro Cosmetic S.p.A.

Insider Buying Chart - Fine Foods & Pharmaceuticals NTM SpA

Pernod Ricard SA (RI: FP)

The French company was founded in 1805, since which it has been a global producer of wines and spirits. The value of $RI soared in 2021 by 41.30%, and is now worth 203.50 EUR with an M. Cap of 60.44 B USD.

In a press release dated March’21, it was stated that Pernod Ricard would be acquiring a large stake in La Hechicera, a Colombian Rum producer. In addition to this, the issuer also announced the resuming of its Buyback scheme for shares worth around €250m, which was announced back in August 29, 2019.

Insider Buying Chart - Pernod Ricard SA

Among the total 244 buys by the company’s insiders, some significant ones were reported by 2iQ. The most notable purchases throughout the year were by SOCIETE PAUL RICARD S.A., the company’s family holding, whose trades amounted to a value of roughly $600 million.

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