Alfonso De Pablos tracks insider buys to spot smart money moves.
Executive VP Shoch Reports a Large VYX Purchase
By Steve Strazza
August 16, 2024
The most significant insider buy on today’s list comes via a Form 4 filing by the Executive Vice President and President, Retail of NCR Voyix Corp $VYX Eric Schoch.
Schoch revealed an acquisition of 21,692 shares, equivalent to $264,425.
Here’s The Hot Corner, with data from August 15, 2024:
The CEO and the CTO of Yum China Holdings Inc $YUMC both filed Form 4s for a total amount purchase of $262,538.
Last month, YUMC experienced a nasty whipsaw, making multi-year lows.
It quickly recovered, resulting in a major breakdown at a key support level.
If we're above those 2018 lows, a big counter-trend rally could just be getting started for YUMC.
Have a great weekend. We'll be back on Monday with more insider activity.