XBP Global, Agree Realty Insiders Buy Stock Near Lows; CrowdStrike, Dell Execs Sell on Strength

Corporate insiders at XBP Global and Agree Realty made significant share purchases this week, signaling confidence in stocks trading near their lows, while executives and major shareholders at high-flying CrowdStrike and Dell Technologies cashed in millions of dollars in stock.

Filings disclosed on Thursday, September 17, 2026, detail a series of transactions that provide investors with a window into executive sentiment across several sectors.

Notable Insider Purchases

Insiders at XBP Global Holdings, Inc. (NASDAQ:XBP) made substantial investments through a private placement on September 15. The stock has fallen approximately 71% over the past year, making these buys particularly noteworthy.

• Avenue RP Opportunities Fund and its affiliates acquired 527,606 shares for a total of $1.49 million.
• Director Par Chadha purchased 204,946 shares for $579,997.
• Both transactions were executed at a price of $2.83 per share.

At Agree Realty Corp (NYSE:ADC), a real estate investment trust, two top executives bought shares on September 16 as the stock traded near its 52-week low. Director John Rakolta Jr. purchased 20,000 shares for $1.38 million, while President and CEO Joey Agree acquired 7,360 shares for about $501,000.

Additionally, a director at Inhibrx Biosciences, Inc. (NASDAQ:INBX), Jon Faiz Kayyem, acquired 5,000 shares for $500,000 on September 16. This purchase comes after the stock has already seen a dramatic 295% surge over the past year.

Significant Profit-Taking

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On the sell side, a director at CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Gerhard Watzinger, sold 119,000 shares for approximately $28.6 million on September 16. The sale occurred as the cybersecurity firm's stock trades near its 52-week high, having gained 110% year-to-date. According to the filing, these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted in June 2026.

Major shareholder Silver Lake Partners executed multiple large sales of Dell Technologies Inc. (NYSE:DELL) stock on September 15, totaling tens of millions of dollars. The sales, which followed the conversion of Class B shares to tradable Class C shares, come after Dell's stock has delivered a remarkable 357% return over the past year.

Finally, a 10% owner of TALOS ENERGY INC. (NASDAQ:TALO), Control Empresarial de Capitales, sold 1,381,000 shares for approximately $25.58 million on September 15.

What This Means for Investors

Insider trading activity is a closely watched indicator of executive confidence. Significant open-market purchases, particularly in stocks that have underperformed like XBP Global, can be interpreted as a bullish signal from those with intimate knowledge of the company.

Conversely, insider sales are often viewed as less informative. Sales can be motivated by a variety of personal financial needs, such as diversification or tax planning. Transactions executed under 10b5-1 plans, like the CrowdStrike sale, are scheduled in advance and do not necessarily reflect an executive's current view of the company's prospects. Profit-taking in stocks like Dell and CrowdStrike that have experienced massive appreciation is also a common practice.