On March 04, 2026, we detected 5 new cluster buys including a $40.0M purchase in $N/A by 4 insiders, and 5 notable insider purchases. CONSTELLATION SOFTWARE INC (10% Owner) bought $12.3M of $SABR. Data sourced from SEC Form 4 filings analyzed by Average Insider.
⚠️ For information purposes only. This information is provided for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other type of advice. All investments carry risk, including the potential loss of principal. Past performance is not indicative of future results. You should consult with a qualified financial advisor, accountant, or other professional before making any investment decisions. The information contained in this newsletter is not intended to be a substitute for professional financial advice.
📊 Insider Trading Insights — March 04, 2026
Tracking insider purchases and cluster buys over the past 7 days. Insider buying can indicate confidence in a company's future, while cluster buys (multiple insiders buying around the same time) are particularly noteworthy signals.
🔥 Cluster Buys
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| Date Range Feb 27, 2026 – Feb 27, 2026 | |
👥 Participant Details
Manufacturers Life Insurance Co (Bermuda Branch) 10% Owner | 105,677 shares $1,999,999 @ $18.93/share 2026-02-27T00:00:00 |
| Manulife (Singapore) Pte. Ltd. 10% Owner | 581,223 shares $10,999,996 @ $18.93/share 2026-02-27T00:00:00 |
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Manulife (International) Ltd 10% Owner | 422,708 shares $7,999,997 @ $18.93/share 2026-02-27T00:00:00 |
| Manufacturers Life Reinsurance Ltd 10% Owner | 1,003,931 shares $18,999,993 @ $18.93/share 2026-02-27T00:00:00 |
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| Date Range Feb 27, 2026 – Feb 27, 2026 | |
👥 Participant Details
Manufacturers Life Insurance Co (Bermuda Branch) 10% Owner | 249,322 shares $3,999,995 @ $16.04/share 2026-02-27T00:00:00 |
| Manufacturers Life Reinsurance Ltd 10% Owner | 997,287 shares $15,999,981 @ $16.04/share 2026-02-27T00:00:00 |
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Manulife (Singapore) Pte. Ltd. 10% Owner | 124,661 shares $1,999,998 @ $16.04/share 2026-02-27T00:00:00 |
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| Date Range Feb 27, 2026 – Feb 27, 2026 | |
👥 Participant Details
Manufacturers Life Insurance Co (Bermuda Branch) 10% Owner | 105,677 shares $1,999,999 @ $18.93/share 2026-02-27T00:00:00 |
| Manulife (Singapore) Pte. Ltd. 10% Owner | 581,223 shares $10,999,996 @ $18.93/share 2026-02-27T00:00:00 |
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Manulife (International) Ltd 10% Owner | 422,708 shares $7,999,997 @ $18.93/share 2026-02-27T00:00:00 |
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| Date Range Feb 27, 2026 – Mar 02, 2026 | |
👥 Participant Details
McHarg Taryn Leonie CFO - Apollo | 100 shares $4,671 @ $46.71/share 2026-02-27T00:00:00 |
P&L: +3.2% (+$151) | McHarg Taryn Leonie CFO - Apollo | 100 shares $4,649 @ $46.49/share 2026-02-27T00:00:00 |
P&L: +3.7% (+$173) |
Robinson Andrew S Director | 10,821 shares $503,934 @ $46.57/share 2026-02-27T00:00:00 |
P&L: +3.5% (+$17,855) | Robinson Andrew S Director | 11,279 shares $529,436 @ $46.94/share 2026-02-27T00:00:00 |
P&L: +2.7% (+$14,437) |
Peirce Christopher Locke Director | 3,200 shares $151,360 @ $47.30/share 2026-03-02T00:00:00 |
P&L: +1.9% (+$2,944) | |
📊 Valuation & Analyst Info
Fair Value: $-106.49 (-320.8% overvalued vs current price)
P/E Ratio: 12.2 (~ Insurance - Property & Casualty avg (12.0)) (0.5x below Financial Services avg (24.6))
Analyst Consensus: Buy
Price Target: $68.00 (Low: $55.00 | High: $80.00 | Median: $65.00)
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| Date Range Feb 27, 2026 – Mar 02, 2026 | |
👥 Participant Details
Robinson Andrew S Director | 10,821 shares $503,934 @ $46.57/share 2026-02-27T00:00:00 |
P&L: +3.5% (+$17,855) | Robinson Andrew S Director | 11,279 shares $529,436 @ $46.94/share 2026-02-27T00:00:00 |
P&L: +2.7% (+$14,437) |
Peirce Christopher Locke Director | 3,200 shares $151,360 @ $47.30/share 2026-03-02T00:00:00 |
P&L: +1.9% (+$2,944) | |
📊 Valuation & Analyst Info
Fair Value: $-106.49 (-320.8% overvalued vs current price)
P/E Ratio: 12.2 (~ Insurance - Property & Casualty avg (12.0)) (0.5x below Financial Services avg (24.6))
Analyst Consensus: Buy
Price Target: $68.00 (Low: $55.00 | High: $80.00 | Median: $65.00)
💰 Individual Insider Buys
Transaction Date Feb 27, 2026 | | |
Purchase Value $12,341,572 | | |
P&L: +55.1% (+$6,800,892)
📊 Valuation & Analyst Info
Fair Value: $31.54 (+1652.5% undervalued vs current price)
P/E Ratio: 1.0 (1.0x below Travel Services avg (26.9)) (1.0x below Consumer Cyclical avg (88.4))
Analyst Consensus: Buy
Price Target: $2.00 (Low: $2.00 | High: $2.00 | Median: $2.00)
📈 Recent Earnings: 2026-05-06
Transaction Date Mar 02, 2026 | | |
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📊 Valuation & Analyst Info
Fair Value: $160.86 (+121.5% undervalued vs current price)
P/E Ratio: 15.6 (0.3x above Insurance - Property & Casualty avg (12.0)) (0.4x below Financial Services avg (24.6))
Analyst Consensus: Hold
Price Target: $71.00 (Low: $64.00 | High: $80.00 | Median: $71.00)
📈 Recent Earnings: 2026-04-20
Transaction Date Feb 27, 2026 | | |
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📊 Valuation & Analyst Info
Fair Value: $258.46 (+418.1% undervalued vs current price)
P/E Ratio: 36.0 (0.2x below Software - Infrastructure avg (43.7)) (0.1x below Technology avg (40.0))
Analyst Consensus: Buy
Price Target: $83.36 (Low: $65.00 | High: $112.00 | Median: $81.00)
📈 Recent Earnings: 2026-04-30
Transaction Date Feb 26, 2026 | | |
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📊 Valuation & Analyst Info
Fair Value: $258.46 (+418.1% undervalued vs current price)
P/E Ratio: 36.0 (0.2x below Software - Infrastructure avg (43.7)) (0.1x below Technology avg (40.0))
Analyst Consensus: Buy
Price Target: $83.36 (Low: $65.00 | High: $112.00 | Median: $81.00)
📈 Recent Earnings: 2026-04-30
Transaction Date Mar 03, 2026 | | |
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📊 Valuation & Analyst Info
Fair Value: $160.86 (+121.5% undervalued vs current price)
P/E Ratio: 15.6 (0.3x above Insurance - Property & Casualty avg (12.0)) (0.4x below Financial Services avg (24.6))
Analyst Consensus: Hold
Price Target: $71.00 (Low: $64.00 | High: $80.00 | Median: $71.00)
📈 Recent Earnings: 2026-04-20
⚠️ Important Disclaimers
Investment Disclaimer: This content is for informational purposes only and should not be considered investment advice.
Data Accuracy: All information is sourced from SEC filings and third-party data providers. Errors or omissions may occur.
Market Risks: Past insider buying activity does not guarantee future performance.
Professional Advice: Consult with qualified financial professionals before making any investment decisions.