Insider Cluster (1 insider) ·Filed Mar 18, 2026
Insider cluster: 2 insiders, $90K total
Actionable Insight ▲ Bullish
The CEO's open-market purchase, combined with sustained insider buying, suggests confidence in the company's prospects. Traders may view this as a positive signal ahead of potential catalysts.
Final — all horizons settled through T+60d
SWZ ▲ 0.00% at T+60d
LONG call ✗ call lost 0.00% · α vs SPY -11.53% · entry $5.96 → $5.96
T+1d
-0.50%
call -0.50% · α -0.24%
$5.93
settled 7mo ago
T+5d
+0.50%
call +0.50% · α +1.22%
$5.99
settled 7mo ago
T+20d
+1.51%
call +1.51% · α -4.54%
$6.05
settled 7mo ago
T+60d
0.00%
call 0.00% · α -11.53%
$5.96
settled 5mo ago
Price Chart
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Executive Summary
Total Return Securities Fund CEO Andrew Dakos purchased 5,000 shares in the open market for $29,800, signaling personal confidence in the company. This is part of a broader pattern of insider buying, with $400K in buys over the past 30 days.
Key Financial Metrics
Direction
buying
Total Value
$29.8K
Insiders
1
Key Facts
- CEO Andrew Dakos purchased 5,000 shares at $5.96 per share for a total of $29,800
- All transactions were open-market purchases, indicating direct investment
- This purchase is part of a larger trend: 10 insider buys totaling $400K in the last 30 days
- CEO involvement adds weight to the bullish signal
Financial Impact
$29,800 direct purchase by CEO, $400K total insider buying in 30 days
insider sentimentmarket confidence
Risk Factors
- The total dollar amount of the cluster is relatively small ($400K over 30 days), limiting its market impact
- No financial results or forward-looking data provided in the filing to corroborate the positive sentiment
Market Snapshot
Exchange
NYSE
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (1 trades, 7d window) | cluster-SWZ-1774556773004 |
8 reports for SWZ
40% Hit rate @ T+5 Went positive at some point 2 of 5 best @ T+1▲ +1.17%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 17, 2026 27w ago | Insider Cluster | $6.08 $6.08 | · 0.00% | ▼ −0.55% | $5.83 (−4.11%) |
Mar 18, 2026 31w ago | Insider Cluster | $5.96 $5.99 | ▲ +0.50% | ▲ +1.22% | $5.83 (−2.18%) |
Mar 12, 2026 32w ago | Insider Cluster | $6.01 $5.93 | ▼ −1.33% | ▼ −0.35% | $5.83 (−3.00%) |
Mar 5, 2026 33w ago | Insider Cluster | $5.93 $5.98 | ▲ +0.84% | ▲ +2.34% | $5.83 (−1.69%) |
Mar 3, 2026 34w ago | Insider Cluster | $5.99 $6.00 | ▲ +0.17% | ▲ +0.64% | $5.83 (−2.67%) |
Feb 23, 2026 35w ago | Insider Cluster | $6.16 $5.99 | ▼ −2.76% | ▼ −1.74% | $5.83 (−5.36%) |
Feb 23, 2026 35w ago | Insider Cluster | $6.16 $5.99 | ▼ −2.76% | ▼ −1.74% | $5.83 (−5.36%) |
Feb 23, 2026 35w ago | Insider Cluster | $6.16 $5.99 | ▼ −2.76% | ▼ −1.74% | $5.83 (−5.36%) |
Showing 8 of 8
US Market Status
Market Closed — Opens Wed (11h 54m)
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