HIMS
Hims & Hers Health, Inc.
stock NYSE

The pattern I've noticed with insider buys is timing matters way more than size. That $2.2M ONON cluster looks impressive on paper but buying into a stock that's already been trending sideways for months isn't the same signal as buying right after a washout like the HIMS one was. Insiders can be early by a year, people gloss over that part when they see a big dollar number and assume something's about to happen soon. I mostly treat it as secondary confirmation on something I already like for other reasons, never a standalone reason to buy on its own.

bought HIMS, am going bald!

yeah insider buys are definitely not a slam dunk, but sometimes they hit big like that HIMS one. it's smart to go back and check the actual performance tho, because just seeing the buy isn't enough. i actually have a scout set up on ThetaPal that watches for insider buying on my watchlist and emails me a summary every morning, which has been pretty clutch for catching some early signals before the news gets out. it's definitely not a guarantee but it helps narrow down the field a lot.

Went and checked the HIMS one since insider-buy tracking is sort of my thing — the Form 4 lines up with what you said almost exactly. David Wells bought 48,400 shares on 5/26, weighted avg $24.235 (range was $24.19–$24.25 per the filing), brought him to about 224k shares total. So yeah, that one's clean — real open-market buy, not an option exercise dressed up as conviction. Appreciate you tracking the ones that didn't work too, most of these insider-buy roundups only ever show the winners.

Chevron poppin a HIMS

A while back people were posting insider buys like they were automatic wins, so I went back and checked how a few of the bigger open-market buys actually did. It's a mixed bag, which is kind of the point.

The winner: Hims and Hers ($HIMS). A director, David Wells, bought 48,400 shares at about $24.24 on May 26, roughly $1.17M in the open market. It's around $33 now, so he's up about 35% in under two months and it has held, not a spike that gave it all back. HIMS is a volatile name so some of that is just HIMS being HIMS, but the buy nailed the entry.

Working so far: Commercial Metals ($CMC). The CEO bought about $504k at $61.30 on July 10. Already $66, up around 8% in a week with the steel tariff tailwind behind it.

Jury still out: On Holding ($ONON). Three execs, both co-CEOs included, each put in around $2.2M at about $37 in mid-May. Still sitting right around $37, so that cluster hasn't paid yet even though it was a much bigger show of conviction than the HIMS buy.

So no, insider buying isn't a cheat code. The On cluster was the strongest signal on paper and it's flat. But when a buy lines up with a real setup, like HIMS after its washout, it can front-run a good move. I mostly just track these to see which ones are worth a second look.

Anyone else follow insider buys, or do you find them too noisy to bother with?

Oh yea like they sued HIMS 10 times in the past year and then made announced partnership 2 times in a row

AMD
Bonus: HIMS

Somebody get him some $HIMS!