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Pick 1: ONDK
The first pick is On Deck Capital (NYSE: ONDK) based on an insider transaction by CEO & Chairman Noah Breslow valued at $46,720.00. Noah Breslow is currently ranked stars on TipRanks, based on his historical average return and success rate. On Deck Capital, Inc. engages in online small business lending. It offers financing solution for small businesses, including short term loans, long term loans and lines of credit. Its proprietary data and analytics engine aggregates and analyzes the online and offline data attributes and the relationships among those attributes to assess the creditworthiness of a small business in real time. The company was founded on May 4, 2006 and is headquartered in New York, NY.
Further informative transactions include:
- Ø Transaction by Neil Wolfson currently ranked stars on TipRanks. The transaction value is $30,350.00.
- Ø Transaction by Ronald Verni currently ranked stars on TipRanks. The transaction value is $29,100.00.
- Ø Transaction by Henson Daniel S currently ranked stars on TipRanks. The transaction value is $29,000.00.
- Ø Transaction by James D. Robinson currently ranked stars on TipRanks. The transaction value is $29,500.00.
- Ø Transaction by Jane J. Thompson currently ranked stars on TipRanks. The transaction value is $29,200.00.
- Ø Transaction by Bruce Nolop currently ranked stars on TipRanks. The transaction value is $28,900.00.
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Last Price: PE: Market Cap: Beta: |
$6.13 NA $455.24 M 1.4001 |
Trade RR: Previous Low: Previous High: Previous Volume: |
1.05 %. $5.95 $6.14 399117 |
Sector: Signal: E.Date: S.Interest: |
Financial 0.900769230769231 8/6/2018 NA |
Pick 2: IBTX
The second pick is Independent Bank Group (NYSE: IBTX) based on an insider transaction by Stacy G. Smith valued at $1,853,140.00. Stacy G. Smith is currently ranked stars on TipRanks, based on his historical average return and success rate. Independent Bank Group Inc is a Texas registered bank holding company. The Company through its subsidiary provides commercial banking products and services to businesses, professionals and individuals.
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Last Price: PE: Market Cap: Beta: |
$74.7 23.42 $2.12 B 1.2956 |
Trade RR: Previous Low: Previous High: Previous Volume: |
1.00 %. $73.3 $75.05 268353 |
Sector: Signal: E.Date: S.Interest: |
Financial 0.880769230769231 7/23/2018 NA |
Pick 3: PME
The third pick is Pingtan Marine Enterprise (NYSE: PME) based on an insider transaction by CEO Xinrong Zhuo valued at $169,000.00. Xinrong Zhuo is currently ranked stars on TipRanks, based on his historical average return and success rate. Pingtan Marine Enterprise Ltd through its subsidiaries is engaged in ocean fishing. It harvests a variety of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia.
Further informative transactions include:
- Ø Transaction by Xinrong Zhuo currently ranked stars on TipRanks. The transaction value is $166,000.00.
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Last Price: PE: Market Cap: Beta: |
$3.36 12.92 $265.62 M 0.4327 |
Trade RR: Previous Low: Previous High: Previous Volume: |
3.34 %. $3.31 $3.45 93905 |
Sector: Signal: E.Date: S.Interest: |
Utilities 0.876923076923077 8/8/2018 NA |
Pick 4: SND
The fourth pick is Smart Sand Inc (NYSE: SND) based on an insider transaction by CEO YOUNG CHARLES EDWIN valued at $182,400.00. YOUNG CHARLES EDWIN is currently ranked stars on TipRanks, based on his historical average return and success rate. Smart Sand, Inc. owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin. It supplies industrial sand to the oil and gas industry. The company was founded in September 2011 and is headquartered in The Woodlands, TX.
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Last Price: PE: Market Cap: Beta: |
$6.3 12.12 $255.09 M -0.2234 |
Trade RR: Previous Low: Previous High: Previous Volume: |
2.64 %. $6 $6.44 1476040 |
Sector: Signal: E.Date: S.Interest: |
Basic Materials 0.869230769230769 8/9/2018 NA |
Strategy:
The Daily Insider newsletter is delivered on each trading day prior to market opening and is a systematic breakdown based on the last day’s insider transactions published by the SEC. The strategy uses many parameters such as the company size, insider firmIdition in the company, similar transactions, and historical performance to determine the best four picks daily. We use our conditional parameter testing to build a signal for each firmIdsible transaction, with the top four long picks qualifying for the DailyInsider newsletter.
Trade RR:
Trade RR (risk/return) is a proprietary signal developed by TipRanks and SmarterAnalyst quants specifically for this strategy. The indicator is the average movement of the specifics stocks last 30 intra-day price movements (open to close). It can be used to estimate the average price movement the stock might make (this applies for both the up and down side).
Measurement:
The strategy is measured with all four picks being purchased evenly at market opening based on the average price, and closed right before market closing at the average price. Ideally the model captures the short term return from the momentum generated through investors copying the insider by consistently preemptively buying the stock, and selling at the end of day before a correction takes place. In the event that no four reliable picks are found the newsletter will only release 1-3, and in rare cases even none. The 25% allocation is always maintained, regardless of the number of picks. Thus for example if our equity is $10,000 and only one pick is provided, we will allocate 25% of the portfolio ($2,500) to the investment.
General Information:
| Data Provider: | TipRanks (TipRanks.com) |
| Investment Horizon: | Intra Day (Opening to closing) |
| Position: | Long Only |
| Universe: | US Equities (NYSE + NASDAQ) |
The audited historical performance of this strategy can be found on its official SmarterAnalyst Page.
Have Questions? Contact us at premium@smarteranalyst.com
Disclaimer
The picks provided are general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. If any products are detailed on this website, you should obtain a Product Disclosure Statement relating to the products and consider its contents before making any decisions. Where quoted, past performance is not indicative of future performance.SmarterAnalyst disclaim all and any guarantees, undertakings and warranties, expressed or implied, and shall not be liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or consequential loss or damage) arising out of or in connection with any use or reliance on the information or advice on this site. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purfirmIde for which such use or results are applied. The information on this website is no substitute for financial advice.