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EdgarHawk

Liebowitz Michael

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Director Officer 10% Owner
3 filings analyzed · 2 companies · Latest 2024-11-19

Companies

Company Buys Sells Direction
Douglas Elliman Inc. DOUG 2 0 Net buying
NOCOPI TECHNOLOGIES INC/MD/ NNUP 1 0 Net buying

Activity

November 2024
2024-11-19 Douglas Elliman Inc. DOUG
medium
Buy
1,081,414 shares
$1,816,776
Significance 6/10

Michael Liebowitz buys 1,081,414 shares of DOUG at $1.68; holdings now 1,478,382 shares (+272.4%). Current price $2.27, +46.4% in 30 days.

Liebowitz purchased 1,081,414 shares of Douglas Elliman at $1.68 on 2024-11-18, tripling his stake to 1,478,382 shares post-transaction. His prior trades at DOUG show mixed timing: a July 2024 buy returned +57.6% in 30 days and +33.0% in 90 days, while an August 2023 buy gained +7.8% at 30 days but fell -17.4% at 90 days. The company's fundamentals remain challenged, with annual revenue declining -17.1% and full-year net income negative at $-27,180,000.00. Stock has risen +46.4% over the past 30 days from this purchase level, currently trading at $2.27, though it remains -26.8% below its 52-week high, suggesting recovery from a depressed state rather than continued momentum.

July 2024
2024-07-11 Douglas Elliman Inc. DOUG
medium
Buy
197,398 shares
$232,930
Significance 4/10

Director Liebowitz Michael bought 197,398 shares of DOUG at $1.18, nearly doubling holdings; company unprofitable with -17.1% annual revenue decline.

Director Michael Liebowitz purchased 197,398 shares at $1.18 on 2024-07-10, increasing his holdings from 199,570 shares to 396,968 shares—a 98.9% increase. The purchase occurs within a cluster of 3 other insider buys in the past 14 days. However, several headwinds limit the significance: Douglas Elliman reported -$41.5M net income on $200.2M revenue in the latest quarter and experienced -17.1% annual revenue growth, indicating sustained unprofitability. At $1.22 current price, the stock trades -60.6% from its 52-week high of $3.10, and Liebowitz's prior buy at this ticker (August 2023 at an earlier price) posted a negative 90-day return of -17.4%. His cross-ticker track record shows only a 25% win rate at the 90-day mark despite modest 30-day strength. The transaction signals activity by multiple board members during a period of sharp valuation compression, but the company's deteriorating fundamentals and the director's mixed historical timing limit confidence in this as a strong conviction signal.

low
Buy
2,500 shares
$7,350
Significance 3/10

CEO Michael Liebowitz buys 2,500 shares of NNUP at $2.94; stock now $2.70 (-32.0% from 52-week high)

CEO Michael Liebowitz purchased 2,500 shares at $2.94 on 2024-06-28, adding modestly to his 3.09M share position. The stock has declined 5.9% over the prior 30 days and trades 32.0% below its 52-week high of $3.97. The company faces significant headwinds: annual revenue contracted 55.0%, latest quarterly revenue was only $398.3K, and net income was negative at $-1.0M for the most recent full fiscal year. At NNUP specifically, Liebowitz's prior three purchases in August 2023 showed mixed 90-day outcomes—only 1 of 3 were well-timed by the 90-day metric—suggesting prior picks at this ticker did not consistently outperform. This transaction occurs within the context of ongoing operational challenges and a deteriorating stock trajectory, yet the relatively small share addition (0.1% of pre-transaction holdings) represents only incremental participation in the position.

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