10 Stocks With At Least $20 Million In Insider Spending Recently

8. PIMCO Dynamic Income Strategy Fund (NYSE:PDX)

Highest Individual Purchase: $20,195,499.60

Number of Purchases Worth Between $20 million and $35 million: 1

Market Capitalization: $1.13 billion

Eighth among 10 stocks with at least $20 million in insider spending recently is a closed-end fund, PIMCO Dynamic Income Strategy Fund.

There may be several reasons why PIMCO has limited analyst coverage, for example, it could be because it is a closed-end type of fund, and not an open-end mutual fund or ETF which are known to have more attention from analysts. Sometimes, the fund’s established reputation is enough for its funds to attract investors, and expert coverage may be unnecessary.

On January 13, one investor bought $20.2 million worth of PIMCO shares for $27.60 per share. The fund is currently trading at $24.80 per share, having dropped 5.09% since the beginning of the year. Over the last 12 months, PIMCO returned 21.75% to its investors.