TCW CONVERTIBLE SECURITIES FUND INC (CVT) is a publicly traded company in the Unknown sector. Across all available filings, 49 corporate insiders have executed 528 transactions totaling $908.5M, demonstrating a bearish sentiment with -$906.9M in net insider flow. The most recent transaction on Jun 15, 2023 involved a sale of 3,000,000 shares valued at $25.5M.
No significant insider buying has been recorded for CVT in the recent period.
No significant insider selling has been recorded for CVT in the recent period.
Based on recent SEC filings, insider sentiment for CVT is bearish with an Insider Alignment Score of 0/100 and a net flow of -$906.9M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at TCW CONVERTIBLE SECURITIES FUND INC (CVT) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 49 insiders are actively trading CVT stock, having executed 528 transactions in the past 90 days. The most active insider is Rajeev K. Aggarwal (Executive), who has made 25 transactions totaling $136.1M.
Get notified when executives and directors at CVT file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jun 15, 2023 | III Gp L.p. Blackstone Holdings | Executive | Sale | 3,000,000 | $8.50 | $25.5M | Large |
| Jun 15, 2023 | Faf, L.p. Vepf VI | Executive | Other | 0 | $8.50 | $0 | |
| Jun 15, 2023 | K. Aggarwal Rajeev | Executive | Disposition | 10,145,486 | $8.50 | $86.2M | Large |
| Jun 15, 2023 | K. Aggarwal Rajeev | Executive | Other | 705,883 | $N/A | $0 | |
| Jun 15, 2023 | K. Aggarwal Rajeev | Executive | Other | 2,249,957 | $N/A | $0 | |
| Jun 15, 2023 | C. Quattrone David | Executive | Disposition | 408,876 | $8.50 | $3.5M | Large |
| Jun 15, 2023 | C. Quattrone David | Executive | Disposition | 1,722,310 | $8.50 | $14.6M | Large |
| Jun 15, 2023 | Aiv Iv-a, L.p. Vff I. | Executive | Other | 0 | $8.50 | $0 | |
| Jun 15, 2023 | Ghoorah Charles V | Executive | Disposition | 136,141 | $8.50 | $1.2M | Large |
| Jun 15, 2023 | Ghoorah Charles V | Executive | Disposition | 954,348 | $8.50 | $8.1M | Large |
| Jun 15, 2023 | Ghoorah Charles V | Executive | Disposition | 607,743 | $8.50 | $5.2M | Large |
| Jun 15, 2023 | Frankola Jim | Executive | Disposition | 77,800 | $8.50 | $661.3K | Large |
| Jun 15, 2023 | Frankola Jim | Executive | Disposition | 46,605 | $8.50 | $396.1K | |
| Jun 15, 2023 | Koonce Jeannette | Executive | Disposition | 119,830 | $8.50 | $1.0M | Large |
| Jun 15, 2023 | Martin Marcela | Executive | Disposition | 46,605 | $8.50 | $396.1K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 234 | $907.7M | 79.8% |
Disposition(D) | 28 | $124.5M | 10.9% |
Tender(U) | 2 | $68.4M | 6.0% |
Other(J) | 144 | $35.0M | 3.1% |
Exercise(M) | 5 | $919.1K | 0.1% |
Purchase(P) | 13 | $822.1K | 0.1% |
Payment(F) | 12 | $702.7K | 0.1% |
Award(A) | 43 | $0 | 0.0% |
Conversion(C) | 20 | $0 | 0.0% |
Gift(G) | 27 | $0 | 0.0% |
Insider selling pressure at TCW CONVERTIBLE SECURITIES FUND INC has increased, with 49 insiders executing 528 transactions across all time. Total sales of $907.7M significantly outpace purchases of $822.1K, resulting in a net outflow of $906.9M. This selling activity appears largely discretionary, which may warrant closer attention from investors.