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Insider Buy Director Buy September 2, 2020

Weinstein Adam purchased ~$467K in New Mountain Finance Corporation stock

New Mountain Finance Corporation (NMFC)  ·  EVP, CAO and Director  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+24.9%

vs SPY +2.7%

NMFC price after insider trade by Weinstein Adam

Insider

Weinstein Adam

Role

EVP, CAO and Director

Transaction

Open-Market Purchase

Approx. Value

~$467K

Trade Date

Sep 2, 2020

Company

New Mountain Finance Corporation

Ticker

NMFC

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$467K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

EVP, CAO and Director

Board directors review strategy, financials, and major decisions at the highest level. Their purchases often reflect confidence in long-term direction.

+24.9% in 90 days (S&P 500: +2.7%)

This trade beat the S&P 500 by 22.2 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

WA

How good is Weinstein Adam at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record

On September 2, 2020, Weinstein Adam — EVP, CAO and Director of New Mountain Finance Corporation — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$467K in New Mountain Finance Corporation (NMFC) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, NMFC returned +24.9% versus +2.7% for the S&P 500 over the same period.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Very Strong
Trade size ~$467K
Insider role EVP, CAO and Director
90-day return +24.9%
vs S&P 500 +22.2%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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