This article explores the 12 most expensive stocks insiders are buying after Trump’s tariff rollout. Previously, we covered the 10 stocks insiders sold in April after Trump’s tariff rollout.
Wall Street banks have sharply cut their targets for the broader market index due to growing fears about the economic fallout from new tariffs, writes the Financial Times. Since the tariff announcement on April 2, the broader market index has dropped nearly 7%. Major banks now expect lower market gains in 2025, with some analysts predicting a possible bear market directly triggered by presidential policy shifts.
Amid tariff wars and market uncertainty, insider trading often draws attention. Insider stock purchases may signal executive confidence, while sales aren’t necessarily negative—they could reflect personal or diversification choices. It’s best to view insider trading in context with a company’s financials and market conditions.
A skyline shot of a major city with a captial markets trading office.
Our Methodology
Today, we’re highlighting most expensive stocks that insiders have been buying in April. Using Insider Monkey’s trading screener, we looked for companies with share prices of at least $30 and insider purchases between April 2 and April 21. From there, we ranked the top 12 stocks based on the highest average purchase price per share.
Stocks that were recently covered were excluded from this list. Most of those can be seen on this list of the 19 mid- and large-cap stocks insiders are buying after Trump’s tariff rollout.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Let’s take a look at the 12 most expensive stocks insiders are buying in April after Trump’s tariff rollout.
12. SmartStop Self Storage REIT, Inc. (NYSE:SMA)
SmartStop Self Storage REIT is a self-managed real estate investment trust (REIT) focused on growing its self-storage brand. It is a technology-driven, self-managed REIT with a team of around 570 self-storage professionals. It is one of the largest self-storage companies in North America, with a growing portfolio in Canada and expanding presence in high-growth U.S. markets.
In April, during the company’s initial public offering, six insiders, including the company’s CEO, CIO, and COO, acquired a total of $945,000 worth of SmartStop Self Storage shares at a price of $30 per share. Currently, the stock is trading at $33.94 per share.
On April 17, the company announced that it had met the conditions for terminating the security interest on its Credit Facility and 2032 Private Placement Notes, making both facilities unsecured. This resulted in a 25 basis point reduction in the credit spread pricing grid for Revolving Commitments and a 5 basis point reduction in unused fees. The company also elected to reduce its Credit Facility’s Revolving Commitments by $100 million, bringing the total to $600 million.
In other recent developments, SmartStop Self Storage has acquired its 40th Canadian location in Kelowna, British Columbia. The new state-of-the-art, five-story facility at 948 Ellis Street offers approximately 74,000 rentable square feet and 800 climate-controlled units. Located in a growing area with a projected 10% population growth over the next five years, the facility is designed for maximum accessibility and visibility, meeting strong demand for quality self-storage.
11. Kewaunee Scientific Corp (NASDAQ:KEQU)
Kewaunee Scientific designs, manufactures, and installs laboratory and healthcare furniture and infrastructure products. Its offerings include steel and wood casework, fume hoods, modular systems, workstations, and safety cabinets, serving markets like pharmaceuticals, biotechnology, education, and healthcare. The company sells its products through dealers and subsidiaries and is headquartered in Statesville, North Carolina.
On April 4, one insider, a director at Kewaunee Scientific, purchased around $35,000 worth of the company’s shares at a price of $35 per share. Currently, the stock trades at $33.44, having dropped 45.95% since the beginning of the year. Over the past 12 months, Kewaunee Scientific shares have lost 5.59%.
Kewaunee Scientific reported third-quarter sales of $67.17 million for fiscal year 2025, reflecting a 43.6% increase compared to the prior year. However, pre-tax earnings decreased 63.7% to $1.28 million, while net earnings fell to $1.35 million from $2.52 million in the prior year. The company noted that the quarter’s results were affected by costs related to the acquisition of Nu Aire, as well as transaction accounting adjustments.
10. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)
Cracker Barrel Old Country Store, based in Lebanon, Tennessee, operates a chain of restaurants combined with retail gift shops across the U.S. Its restaurants serve breakfast, lunch, and dinner with dine-in, pickup, and delivery options. The gift shops sell items like home décor, apparel, toys, food, and seasonal gifts.
In April, one insider bought around $7.37 million worth of Cracker Barrel shares at an average price of $38.83 per share. Year-to-date, the stock has lost 17.57%, trading at $43.57 per share. Over the past 12 months, Cracker Barrel shares have declined 26.90%.
The company reported total revenue of $949.4 million for the second quarter of fiscal 2025, a 1.5% increase from the previous year. Comparable store restaurant sales rose by 4.7%, while retail sales grew 0.2%. GAAP net income was $22.2 million, a 16.3% decrease year-over-year, while adjusted EBITDA increased by 19.6% to $74.6 million.
9. FB Financial Corporation (NYSE:FBK)
FB Financial Corporation, headquartered in Nashville, Tennessee, is a bank holding company for FirstBank, offering a range of commercial and consumer banking services. Operating through its Banking and Mortgage segments, the company provides loans, deposit accounts, mortgage services, and investment solutions across the southeastern U.S. With roots dating back to 1906, it serves customers through a network of branches in Tennessee, Alabama, Kentucky, and North Carolina.
On April 16, one insider, a director at FB Financial, James Cross acquired $291,528 worth of shares at a price of $40.49 per share. This was Cross’s first purchase of FB Financial shares in more than two years. Year-to-date, the stock is down 21.16% and is trading at $40.61 per share. However, over the past 12 months, FB Financial shares have gained 7.86%.
For the first quarter of fiscal 2025, FB Financial Corporation reported a net income of $39.4 million, or $0.84 per diluted share, up from $0.81 in the prior quarter and $0.59 a year ago. Loans grew to $9.77 billion, deposits held steady at $11.2 billion, and net interest margin improved to 3.55%.
8. NVE Corporation (NASDAQ:NVEC)
NVE Corporation, based in Eden Prairie, Minnesota, develops and sells spintronic devices—a nanotechnology that uses electron spin for data sensing, storage, and transmission. Its products include sensors and couplers used in factory automation, medical devices, power conversion, and industrial IoT applications. The company also engages in R&D contracts and licenses its spintronic memory technology.
On April 4, one insider, a director at NVE Corporation, James Bracke, purchased $5,797 worth of shares at a price of $57.97 per share. Bracke made his first purchase in nearly three years, after the stock dropped nearly 30% since the beginning of the year. Over the past 12 months, NVE Corporation shares have declined 27.43%, currently trading at $57.09 per share.
In February, NVE Corporation launched its ADA-Series magnetic switch sensors, featuring industry-leading performance, including immunity to double switching, operation up to 150°C, and resistance to magnetic fields over one tesla. Available in single or dual threshold versions, these rugged sensors are ideal for applications such as cylinder position, speed, and proximity sensing. Designed for harsh industrial environments, they operate on power supplies up to 30 volts and are now available for purchase.
7. Oxford Industries, Inc. (NYSE:OXM)
Oxford Industries, Inc. is an Atlanta-based apparel company that designs, markets, and distributes lifestyle products globally. Its key brands include Tommy Bahama and Lilly Pulitzer, offering a wide range of clothing, accessories, and licensed home and lifestyle products. The company sells through retail stores, e-commerce sites, and specialty retailers, and also operates Tommy Bahama food and beverage locations and outlet stores. It is also considered one of the top 12 luxury clothing stocks to buy according to hedge funds.
On April 2, one insider, a director at Oxford Industries, Milford McGuirt, acquired $58,700 worth of shares for $58.70 per share. Currently, the stock trades at $44.80 per share after dropping 43.13% year-to-date. Over the past 12 months, Oxford Industries shares have lost 56.86%.
For fiscal 2024, Oxford Industries reported net sales of $1.52 billion, down 3% from the prior year. In Q4, sales totaled $391 million, slightly below the previous year’s $404 million partly due to a shorter fiscal quarter. GAAP EPS for the year rose to $5.87 from $3.82 in 2023, while adjusted EPS declined to $6.68 from $10.15, reflecting the absence of prior-year impairment charges.
6. CVR Partners, LP (NYSE:UAN)
CVR Partners produces and sells nitrogen fertilizers, including ammonia and urea ammonium nitrate, primarily in the U.S. The company serves both agricultural and industrial customers. It is based in Sugar Land, Texas, and is a subsidiary of CVR Energy, Inc. While ranking sixth among the 12 most expensive stocks insiders are buying after Trump’s Tarrif Rollout, it is also one of the 15 stocks that received the most insider investment in March.
In April, one insider and a large shareholder at CVR Partners, billionaire Carl Icahn, purchased $3.86 million worth of shares at an average price of $71.05 per share. The stock has declined 2% since the beginning of the year, trading at $71.05 per share. Over the past 12 months, its shares dropped 1.71%.
In 2024, CVR Energy reported revenue of $7.61 billion, down 17.7% from the previous year’s $9.25 billion. Net income dropped to $7 million, or 6 cents per share, compared to $769 million, or $7.65 per share in 2023. The company also posted an adjusted loss of 51 cents per share, down from adjusted earnings of $5.64 per share in 2023.
5. Fidelity National Information Services, Inc. (NYSE:FIS)
Fidelity National Information Services provides financial technology solutions to banks, businesses, and developers worldwide. Its services span core banking, payments, fraud prevention, online banking, trading, lending, and treasury management. Founded in 1968, the company operates through multiple segments and is headquartered in Jacksonville, Florida. It is also one of the 20 best fintech stocks to buy according to billionaires.
On April 15, the company’s director Jeffrey Goldstein bought around $60,802 worth of Fidelity National shares at a price of $72.04 per share. Year-to-date, Fidelity National shares have dropped 7.66% to $74.58 per share. Over the past 12 months, the stock has increased 4.60%.
Recently, Fidelity National announced it will acquire Global Payments’ Issuer Solutions business for $12 billion net, enhancing its position as a global fintech leader. At the same time, FIS will sell its stake in Worldpay to Global Payments for $6.6 billion, accelerating its monetization strategy. Issuer Solutions processes over 40 billion transactions annually and serves clients in more than 75 countries.
4. Construction Partners, Inc. (NASDAQ:ROAD)
Construction Partners is a civil infrastructure company based in Dothan, Alabama, specializing in building and maintaining roads across several Southern U.S. states. It provides construction services for highways, airports, and developments, and also manufactures and sells hot mix asphalt, mines aggregates, and handles site development and utility installation. Founded in 2007, the company supports both public and private infrastructure projects.
In Q1 fiscal 2025, the company reported revenues of $561.6 million, a 41.6% increase driven by recent acquisitions and organic growth. Gross profit rose to $76.6 million, while adjusted EBITDA grew 68% to $68.8 million. Despite a net loss of $3.1 million due to acquisition-related expenses, adjusted net income was $13.3 million with adjusted EPS of $0.25, and the project backlog reached a record $2.66 billion.
On April 14, two insiders, including the company’s CEO, Julius Fred Smith, acquired a total of $7.68 million worth of Construction Partners shares at an average price of $73.83 per share. Year-to-date, the stock is down 12.45% and is trading at $77.45 per share. Over the past 12 months, the stock has risen 53.49%.
3. Nutex Health Inc. (NASDAQ:NUTX)
Nutex Health is a physician-led healthcare services and operations company based in Houston, Texas. It operates through three segments: Hospital, Population Health Management, and Real Estate, offering services like 24/7 emergency and inpatient care, imaging, labs, and pharmacy support. The company also manages physician groups, runs a cloud-based healthcare platform, and owns hospital properties across the U.S.
On April 8, the company’s CFO Christian Jon Bates purchased around $81,810 worth of Nutex Health shares at an average price of $81.81 per share. Year-to-date, the stock gained 370.18% and is now trading at $149 per share. Over the past 12 months, Nutex Health returned 2,962.55% to its investors.
For the year ended December 31, 2024, Nutex Health reported total revenue of $479.9 million, up 93.8% from 2023, driven largely by $169.7 million in arbitration-related revenue. The company achieved $130.6 million in operating income, a major turnaround from a $31.8 million loss the previous year, and posted net income of $52.2 million. Adjusted EBITDA soared to $123.7 million, up over 1,000% year-over-year, with hospital visits rising nearly 17% to 168,388.
Nutex Health is also one of the 12 best performing small cap stocks so far in 2025.
2. WD-40 Company (NASDAQ:WDFC)
WD-40 Company develops and sells maintenance, homecare, and cleaning products worldwide. Its product lineup includes multi-purpose sprays, specialty lubricants, toilet cleaners, carpet stain removers, and hand cleaners under various brands like WD-40, 3-IN-ONE, and Lava. The company sells through hardware stores, automotive outlets, online retailers, and more, and is headquartered in San Diego, California. It is also one of the 10 best soaps and cleaning materials stocks to invest in.
For the second quarter of fiscal 2025, WD-40 reported total net sales of $146.1 million, a 5% increase compared to the same quarter of the previous year. Maintenance product sales grew by 6%, totaling $139.3 million, while gross margin improved to 54.6%. Net income surged 92% to $29.9 million, driven by an $11.9 million tax benefit, and diluted earnings per share rose to $2.19. Excluding the one-time tax benefit, net income grew by 15%.
On April 11, the company’s CFO Kathleen Sara Hyzer bought $57,044 worth of WD-40 shares at an average price of $222.83 per share. Currently, the stock trades at $222.76, having dropped 8.21% since the beginning of the year and 1.82% over the past 12 months.
1. The Goldman Sachs Group, Inc. (NYSE:GS)
The Goldman Sachs Group, a leading global investment bank, serves an elite clientele, including multinational corporations and institutional investors. It operates across various business segments like investment banking, consumer banking, trading, and asset management, which helps stabilize the company by reducing reliance on any single sector. It is also one of the 10 value stocks in Ken Fisher’s portfolio.
The bank has consistently paid dividends to shareholders since 1999, returning $3.8 billion in dividends in 2024. In Q4 2024, the company reported net revenues of $13.87 billion, up from $11.32 billion in the same period of 2023, and declared a quarterly dividend of $3.00 per share. For the first quarter of 2025, Goldman Sachs reported net revenues of $15.06 billion, 6% higher than the first quarter of 2024 and 9% higher than the fourth quarter of 2024. Net earnings amounted to $4.74 billion, compared to $4.13 billion in the same period of 2024.
In April, a director of Goldman Sachs, John Hess, acquired a total of nearly $2 million worth of shares at an average price of $512.36 per share. Year-to-date, the stock is down 11.02%, trading at $509.59 per share. However, over the past 12 months, its shares returned 22.08% to investors.
Overall, GS ranks first among the 12 most expensive stocks insiders bought in April after Trump’s tariff rollout. While we acknowledge the potential of GS, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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