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Insider Buy Cluster Buy CEO Buy New Position September 11, 2024

VISCONTI JOSEPH C purchased ~$78K in Twin Vee Powercats Co. stock

Twin Vee Powercats Co. (VEEE)  ·  CEO  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+8.8%

vs SPY +9.1%

VEEE price after insider trade by VISCONTI JOSEPH C

Insider

VISCONTI JOSEPH C

Role

CEO

Transaction

Open-Market Purchase

Approx. Value

~$78K

Trade Date

Sep 11, 2024

Company

Twin Vee Powercats Co.

Ticker

VEEE

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$78K purchase

A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.

CEO

CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.

3 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

+8.8% in 90 days (S&P 500: +9.1%)

This trade underperformed the S&P 500 by 0.3 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

VJ

How good is VISCONTI JOSEPH C at picking stocks?

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

See track record
3

VISCONTI JOSEPH C wasn't the only one buying.

3 insiders at Twin Vee Powercats Co. traded within the same 30-day window.

See who else bought · Free

On September 11, 2024, VISCONTI JOSEPH C — CEO of Twin Vee Powercats Co. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$78K in Twin Vee Powercats Co. (VEEE) stock.

This transaction was part of a cluster — 3 insiders at Twin Vee Powercats Co. made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

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, VEEE returned +8.8% versus +9.1% 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 Strong
Trade size ~$78K
Insider role CEO
Cluster 3 insiders
90-day return +8.8%
vs S&P 500 -0.3%

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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