Insider buying often attracts attention because company executives typically understand their business better than most investors. When insiders buy shares with their own money, it can signal confidence in future growth. Recently, insiders have been purchasing shares of Under Armour (UA), GeneDx Holdings (WGS), and TXO Energy Partners LP (TXO). Here’s why insiders are buying these stocks — and whether investors should follow.
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For context, insider trading refers to the buying or selling of a company’s stock by corporate insiders or major shareholders who own more than 10% of the company. These individuals may have access to non-public information about the business, making insider activity closely watched by investors. Interestingly, TipRanks provides daily insider trading activity, a list of top-performing corporate insiders, and stocks that carry either a Very Positive or Positive insider confidence signal.
Let’s dive into the details.
Under Armour (UA)
Under Armour is a global sportswear and athletic apparel company that designs, develops, markets, and sells performance apparel, footwear, and accessories for men, women, and youth. Year-to-date, UA stock has gained by almost 4%.
Last week, WATSA V PREM ET AL bought 1,178,344 shares worth $5.86 million, signaling a notable vote of confidence in Under Armour’s prospects from a key institutional investor. For context, WATSA V PREM ET AL refers to the investment entities and insider holdings linked to Canadian billionaire investor V. Prem Watsa.
According to TipRanks’ Insider Trading Activity Tool, corporate insiders bought shares worth $5.9 million in the last 3 months.
GeneDx Holdings (WGS)
GeneDx Holdings is a genetic testing company that helps diagnose rare diseases through advanced genome and DNA sequencing technologies. Year-to-date, WGS stock has fallen more than 65%.
Recently, the company’s director, Keith Meister, purchased 351,273 shares worth about $13.76 million. Before that, he bought 1,205,147 shares valued at roughly $46.80 million. The purchases followed the company’s Q1 2026 results, where GeneDx reported total revenue of $102.3 million and 27% year-over-year growth in exome and genome revenue. However, the stock came under pressure after the earnings report revealed a wider-than-expected loss and a cut to full-year revenue guidance.
According to TipRanks Insider Trading Activity Tool, insider confidence in WGS stock is currently rated Neutral.
TXO Energy Partners LP (TXO)
TXO Partners is an oil and gas company that acquires and operates energy-producing assets across major U.S. basins, focusing on stable production and cash flow. So far in 2026, TXO stock has gained 22.5%.
Last week, Bob R Simpson purchased 301,597 shares of TXO Energy worth about $3.9 million.
According to TipRanks’ Insider Trading Activity Tool, insider confidence in TXO stock is currently rated as Positive.
