The most intriguing big buy from a director last week came for forensic data company Nuix (ASX:NXL).

Nuix was one of last year’s biggest IPOs and nearly doubled in the few weeks after its debut but then retreated in February after missing prospectus forecasts.

After briefly falling below its $5 IPO price, Nuix is now slightly above that watermark. Buying $501,180 in shares off market was board member and CEO Rodney Vawdrey.

Another buyer of an under pressure tech stock was John Wylie of BNPL company Humm (ASX:HUM) – he bought $485,397 on market.

Humm has actually gone backwards in two years having seen the spike in bad debts lead to the broad BNPL sell off when COVID-19 first broke out.

Code Company Director Change Date Volume $ What
SOM SomnoMed Hamish Corlett Buy 17 March 1,071,253 $2,035,381 On market
FZR Fitzroy River Corporation Malcolm McComas Buy 23 March 937,830 $112,540 Rights Issue
FZR Fitzroy River Corporation Susan Thomas Buy 23 March 2,992,341 $359,081 Rights Issue
BID Bill Identity Guy Maine Sell 23 March 700,000 $602,000 On market
PPC Pro-Pac Packaging Jonathan Ling Buy 18 March 515,159 $100,042 On market
HUM Humm John Wylie Buy 23 March 495,000 $485,397 On market
DRR Deterra Royalties Graeme Devlin Buy 19 March 40,000 $158,000 On market
CI1 Credit Intelligence Russell Goodman Sell 22 March 4,250,000 $140,250 On market
DDR Dicker Data Vladimir Mitnovetski Buy 24 Mar 10,000 $101,000 On market
CST Castile Resources Mark Hepburn Buy 24 March 810,000 $175,498 On market
MCP McMillan Shakespeare John Bennetts Buy 25 March 148,648 $1,675,455 On market
ZBT Zebit Miriam Rivera Buy 22 March 89,620 $121,611 On market
WWI West Wits Mining Jacobus van Heerden Sell 19 March 2,700,000 $227,480 On market
RDY ReadyTech Mark Summerhayes Buy 25 March 66,220 $110,961 On market
VAN Vango Mining Bruce McInnes Buy 23 March 3,125,000 $181,250 Off market
NXL Nuix Rodney Vawdrey Buy 25 March 100,000 $501,180 On market
INA Ingenia John McLaren Buy 25 March 317,315 $1,538,470 Dividend Reinvestment plan
INA Ingenia Gary Shiffman Buy 25 March 317,315 $1,538,470 Dividend Reinvestment plan
PNV PolyNovo Bruce Rathie Sell 26 March 200,000 $571,221 On market
TSI Top Shelf International Adem Karafili Buy 26 March 115,500 $249,630 On market
BOL Boom Logistics Stephen Grove Buy 26 March 1,500,000 $200,000 On market
OBL Omni Bridgeway Hugh McLernon Buy 23 March 209,008 $752,429 On market
TWD Tamawood Lev Mizikovsky Buy 31 March 480,813 $1,634,764 Dividend Reinvestment plan
PAL Palla Pharma Simon Moore Buy 8 March 3,025,951 $672,435 Placement
EXP Experience Co Anthony Bocaut Buy 29 March 500,000 $124,750 On market
DYL Deep Yellow Christophe Urtel Sell 29 March 935,424 $645,503 SPP
PKD Parkd Bronte Howson Buy 29 March 3,598,449 $179,922 Rights Issue
WHC Whitehaven Coal Paul Flynn Buy 30 March 1,000,000 $1,766,355 On market
ESK Etherstack Peter Stephens Buy 31 March 229,818 $143,855 On market
ASB Austal John Rothwell Buy 30 March 454,000 $999,962 On market
CDY Cellmid Maria Halasz Buy 1 April 1,427,639 $107,073 Rights Issue
CDY Cellmid Dennis Eck Buy 1 April 5,185,036 $388,878 Rights Issue
MAD Mader Group Luke Mader Buy 31 March 390,000 $331,500 On market
DCC DigitalX Peter Rubinstein Buy 31 March 3,000,000 $191,994 On market

 

The biggest buyers

But neither Vawdrey or Wylie came close to being the biggest buyers.

That title belonged to Paul Flynn from Whitehaven Coal (ASX:WHC) who bought over $1.7 million of his company’s shares on market last week.

Another three directors chipped in over $1.5 million in as part of a dividend reinvestment plan – a scheme where shareholders can use dividends to buy further shares in the company.

Lev Mizikovsky of Queensland homebuilder Tamawood (ASX:TWD) was one while the other two were John McLaren and Gary Shiffman from lifestyle community operator Ingenia Communities (ASX:INA).

Rounding out the list of $1m+ buyers was John Bennetts of McMillan Shakespeare (ASX:MCP) who made an on market purchase of $1,675,455.

His company is a provider of financial products such as salary packaging, novated leasing and asset management.

 

Sellers

There were only a handful of sales in the last fortnight.

The biggest sale came from a director of Bill Identity (ASX:BID) which is an expense management software company once headed by James Baillieu.

Guy Maine sold just over $600,00 in shares a move the company said was to meet tax obligations and “to part-fund the purchase of a primary residence”.

Bruce Rathie from PolyNovo (ASX:PNV) parted with just over $500,000 in shares – again to meet tax obligations.

And Jac van Heerden of West Wits Mining (ASX:WWI) sold over $200,000 in shares to pay a tax bill – shares which the company noted he periodically received in lieu of a cash salary to ensure cash was free for the company’s project.