Stock Trading Canary

Snapshot date: 2026-10-18 · Built: 2026-10-19T15:40:30+00:00 · Publication status: REVIEW

← United States · 中文

COMPANY RESEARCH

Millrose Properties, Inc.

MRP · United States · Real Estate

INSIDER SIGNAL

Insider activity score:88.5 / 100

5 insiders · 7 purchase events · $6.73m net purchases

US #5 · United States #5

WHY THIS SIGNAL?

Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+35.0 / 35

How many distinct insiders bought in the cluster

Purchase size+22.3 / 25

Purchase value relative to company size and liquidity

Role+2.0 / 20

The seniority and relevance of participating insiders

Recency+3.2 / 10

How recently the purchases occurred

Conviction+10.0 / 10

How clearly buying stands out from other activity

What is holding the score back?

  • ⚠ Insider role contributes less on the current role scale
  • ⚠ Purchase activity is becoming less recent
  • ✓ Broad buyer cluster · 4+ distinct filers

The role contribution follows the US model's seniority ladder.

BUYING PROFILE

7 events · 5 insiders · 180d

Cluster 100%Repeat 0%Independent 0%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

95%

Largest buyer:Richman Darren · 6.42m USD
Gross qualified purchase transaction-line value:6.73m USD

The headline $ total is net buying for the screen; this module uses gross qualified purchase transaction-line values in the filing currency, so the amounts can differ. The current 15-day buyer-breadth input counts distinct buyers; value concentration is disclosed separately here.

This is a ranking under the current US screening rules—not a probability of gain, return forecast, or buy recommendation.

Key purchase quotes (filing currency)

FilerPrice per unitTrade date
Gorson Matthew B.28.8 USDAug 10, 2026
MIGOYA CARLOS A.29.18 USDAug 7, 2026
Richman Darren27.31 USDMay 11, 2026
Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count)
4 distinct reported filers
Peak time window
2026-05-11 to 2026-05-18
Current breadth input
1.000 (capped at 4+ buyers)
Buyer independence
Not yet measured; related-party fields are not cross-market comparable

What the filings show

Insider vs stock price

6 purchase day(s), 8 purchase line(s) in the 180-day window.

Daily close (USD)Day with an insider purchaseTwo or more insiders the same day
222426283032May 2026JunJulAugSepOct2026-05-11 · 3 purchase line(s) · 2 insider(s) · close since that day -18.1%2026-05-12 · 1 purchase line(s) · 1 insider(s) · close since that day -15.9%2026-05-13 · 1 purchase line(s) · 1 insider(s) · close since that day -16.2%2026-05-18 · 1 purchase line(s) · 1 insider(s) · close since that day -17.0%2026-08-07 · 1 purchase line(s) · 1 insider(s) · close since that day -22.8%2026-08-10 · 1 purchase line(s) · 1 insider(s) · close since that day -22.4%22.36last close09 Oct

Markers sit on the closing price of the transaction day. They show when insiders traded, not the price they paid or received. "Since" compares that day's close with the last close shown; it is what happened at this company, not a forecast.

Insider timeline

4 insiders bought within 8 days, 11 May to 18 May: 2 Executive, 1 Role not classified, 1 Board member. 1 of them bought again later. 1 more bought afterwards. The share closed at 27.29 on the first of those days and at 22.36 most recently (−18.1%). That week 232 companies across United States disclosed insider purchases, more than in 92% of the last 26 weeks: insiders often buy together when a closed period ends, so the timing alone says less than it seems.

Several insiders within 15 days: 2026-05-11 – 2026-05-18Presa RachelPresa RachelGeneral Counsel and SecretaryExecutiveNitkin RobertNitkin RobertChief Operating OfficerExecutiveGorson Matthew B.Gorson Matthew B.DirectorBoard memberMIGOYA CARLOS A.MIGOYA CARLOS A.DirectorBoard memberRichman DarrenRichman DarrenSee RemarksRole not classified2026-05-11 · Presa Rachel · purchase · 19,706 USD2026-05-11 · Richman Darren · purchase · 6,417,850 USD2026-05-12 · Nitkin Robert · purchase · 48,944 USD2026-05-13 · Presa Rachel · purchase · 8,172 USD2026-05-18 · Gorson Matthew B. · purchase · 121,365 USD2026-08-07 · MIGOYA CARLOS A. · purchase · 29,180 USD2026-08-10 · Gorson Matthew B. · purchase · 86,400 USD2026-04-20 to 2026-04-26: 74 companies2026-04-27 to 2026-05-03: 96 companies2026-05-04 to 2026-05-10: 151 companies2026-05-11 to 2026-05-17: 232 companies2026-05-18 to 2026-05-24: 259 companies2026-05-25 to 2026-05-31: 171 companies2026-06-01 to 2026-06-07: 192 companies2026-06-08 to 2026-06-14: 172 companies2026-06-15 to 2026-06-21: 163 companies2026-06-22 to 2026-06-28: 108 companies2026-06-29 to 2026-07-05: 93 companies2026-07-06 to 2026-07-12: 80 companies2026-07-13 to 2026-07-19: 79 companies2026-07-20 to 2026-07-26: 70 companies2026-07-27 to 2026-08-02: 77 companies2026-08-03 to 2026-08-09: 131 companies2026-08-10 to 2026-08-16: 200 companies2026-08-17 to 2026-08-23: 218 companies2026-08-24 to 2026-08-30: 184 companies2026-08-31 to 2026-09-06: 175 companies2026-09-07 to 2026-09-13: 139 companies2026-09-14 to 2026-09-20: 186 companies2026-09-21 to 2026-09-27: 134 companies2026-09-28 to 2026-10-04: 130 companies2026-10-05 to 2026-10-11: 73 companies2026-10-12 to 2026-10-18: 72 companiesCompanies disclosing purchases, per weekMayJunJulAugSepOct

Tap an item for what it means.

●A purchase: the bigger the dot, the more was bought

Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.

▮Purple band: several insiders bought within 15 days

The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 11 May – 18 May, with 4 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.

Blue line: this share's price, −27.3% over these six months

The closing price of each day, from 30.76 on 2026-04-21 to 22.36 on 2026-10-09. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.

Dashed line: the typical stock on the same exchange, −11.0%

Taken from the 1230 other stocks on the same exchange that this site holds prices for. Each is measured from the first day of the window, and every day the middle one is drawn. It starts where the blue line starts, so the gap between the two is the difference: this share −27.3%, the typical one −11.0%, 16.3 points behind. It is not an index and not a comparison within one industry.

▂Grey bars: companies across United States disclosing purchases each week

A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 232 companies, number 2 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.

This company: insiders buying per month, last 12 months

2Nov
Dec
Jan
Feb
1Mar
Apr
4May
Jun
Jul
2Aug
Sep
Oct

Darker bars are inside the 180-day window above.

Who traded

InsiderRolePurchasesSalesBoughtFirst purchaseShare price since
Presa RachelExecutive2—27.9k USD2026-05-11−18.1%
Nitkin RobertExecutive1—48.9k USD2026-05-12−15.9%
Gorson Matthew B.Board member2—207.8k USD2026-05-18−17.0%
MIGOYA CARLOS A.Board member1—29.2k USD2026-08-07−22.8%
Richman DarrenRole not classified1—6.4M USD2026-05-11−18.1%
Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

FactorWeightThis company inputPoint contribution
15-day buyer breadth (count)35%1.00035.0
Qualified-buy size25%0.89322.3
Role informativeness (inverted)20%0.90018.0
Recency10%0.3173.2
Buy/sell conviction10%1.00010.0

This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.

BULL VS BEAR

Two readings of this buying

The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.

Where the evidence comes from

The two kinds of evidence disagree: the purchases themselves carry bull lines (several insiders together, large purchases, buyer's past purchases beat the benchmark), while share price and trading argue against (price down over six months). No data is held for: company results, company actions.

  • The insider purchases themselvesBullseveral insiders together, large purchases, buyer's past purchases beat the benchmark Bearvalue concentrated in one buyer, usual level for this company5 checked, under the threshold
  • Share price and tradingBearprice down over six months1 checked, under the threshold
  • Short sellers2 checked, under the threshold
  • Company results2 missing
  • Company actionsno data held

Bull case · the buying is informative

  • 4 insiders bought within 15 days (2026-05-11 to 2026-05-18). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.
  • Insiders committed a net $6.7M of their own money in 180 days.
  • The 5 earlier purchases by Gorson Matthew B. beat S&P 500 ETF (SPY adjusted close) by a median 4.8% over the following 60 trading days.

Bear case · discount it

  • Richman Darren accounts for 95% of the value bought. The other 4 buyers add names more than money.
  • Buying at this level is normal here: 5 insiders bought in the previous 180 days and 5 in this one.
  • Share price and tradingThe share price is down 27% over six months (three months −21%, one month −24%) and stands 33% below its 52-week high. Insiders have bought into a fall the market has not reversed.

Evidence still missing

  • The company's market value is not captured, so the purchases cannot be stated as a share of the business or of its trading volume.
  • No earnings, margin or cash-flow figures are captured for this company. The latest annual and interim reports are where to check whether the business is improving or deteriorating.
Checked and under the threshold: 8, 2 close to it
  • EitherThe latest purchase is 69 days old. Bull up to 14 days, bear from 90. close to the threshold
  • Bull6 of 6 purchase filings state the shares held before and after. The largest addition to an existing holding took it from 44,000 to 84,000 shares (+91%). Counted for the bull side from +100%, for the bear side below +1%. close to the threshold
  • BearNo insider sale is recorded in the same 180 days.
  • BearOver three months the share price changed −21% and the median of 62 Real Estate companies changed −15%: behind by 5 points. Counted for the bear side from 20 points behind.
  • BearNone of the 6 purchase filings ticks Form 4's 10b5-1 box.
  • BearOver the last 5 trading days to 2026-10-16, 57% of this stock's off-exchange volume was sold short; over the 60 days before, 64%. The market's median is 50%. This is trading volume, not a position: a market maker who sells short and covers the same day is counted, so about half of all volume is short on an ordinary day. It is shown for comparison and counts for neither side.
  • BearNo insider filing in the last 180 days opened a hedge on this stock.
  • BearFINRA short interest on 2026-09-30 equals 3.3 days of average trading volume, up 7.3% from the previous report. Counted for the bear side from 10 days, or from 10% of the shares outstanding.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Signal history

88.5 / 100

Latest recorded score

↑ +4.7 ptssince the first recorded snapshot on 2026-10-09; 9 calendar days observed
Recorded snapshots
7
First snapshot
2026-10-09

There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.

Why did it change?

Less than 30 days of comparable history is available, so factor movement is not yet decomposed.

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

02550751002026-10-09 · 83.82026-10-12 · 88.82026-10-13 · 88.82026-10-14 · 88.82026-10-15 · 88.72026-10-16 · 88.62026-10-18 · 88.5Oct 09Oct 13Oct 14Oct 15Oct 18

Recent recorded points

  1. 83.8
  2. 88.8
  3. 88.8
  4. 88.7
  5. 88.5
View all recorded scores
Snapshot dateSignal score
2026-10-0983.8
2026-10-1288.8
2026-10-1388.8
2026-10-1488.8
2026-10-1588.7
2026-10-1688.6
2026-10-1888.5

Sector context

Real Estate

Buying breadth
6.2% (16 / 258 issuers)
Sector rank
#5 / 13

This is sector-level research context. It does not affect the Insider Signal or ranking.

View US sector research →

Insider profile outcomes

Historical performance following insider filings. The company role is translated below each name while preserving the original title.

Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.

Gorson Matthew B.Director6 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D6Developing evidence100.0% (6/6)50.0% (3/6)-0.5%+0.3%-2.8%
20D6Developing evidence100.0% (6/6)50.0% (3/6)+1.1%+2.2%-6.5%
60D5Developing evidence100.0% (5/5)60.0% (3/5)+4.8%+2.9%-17.2%
120D4Small sample100.0% (4/4)50.0% (2/4)-2.6%+5.8%-6.4%
First purchase in 12M
0/5
Large purchase ≥ $100k
2/6
Cluster buying · 15D
4/6
Buying the dip · ≥20% below prior 52W high
0/3
Routine / opportunistic
Not classifiable
MIGOYA CARLOS A.Director6 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D6Developing evidence100.0% (6/6)66.7% (4/6)+0.9%+1.3%-0.7%
20D6Developing evidence100.0% (6/6)83.3% (5/6)+10.2%+10.3%-2.0%
60D5Developing evidence100.0% (5/5)100.0% (5/5)+24.9%+16.4%+1.8%
120D5Developing evidence100.0% (5/5)60.0% (3/5)+34.7%+21.6%-18.4%
First purchase in 12M
0/5
Large purchase ≥ $100k
0/5
Cluster buying · 15D
6/6
Buying the dip · ≥20% below prior 52W high
0/2
Routine / opportunistic
Not classifiable
Presa RachelGeneral Counsel and Secretary3 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D3Small sample100.0% (3/3)66.7% (2/3)+0.4%+1.2%-0.7%
20D3Small sample100.0% (3/3)66.7% (2/3)+10.4%+8.0%-5.9%
60D3Small sample100.0% (3/3)66.7% (2/3)+6.4%+8.0%-7.5%
120D2Small sample100.0% (2/2)50.0% (1/2)+22.8%+22.8%-5.0%
First purchase in 12M
0/2
Large purchase ≥ $100k
0/3
Cluster buying · 15D
3/3
Buying the dip · ≥20% below prior 52W high
0/1
Routine / opportunistic
Not classifiable

Signal outcomes

Calculated from immutable US ranking snapshots; excess return is stock return minus SPY return. Newly saved snapshots remain pending until each forward horizon matures. This never affects the US score.

HorizonStatusResult
5DAwaiting maturity—
20DAwaiting maturity—
60DAwaiting maturity—
120DAwaiting maturity—

Market context

PRICE PERFORMANCE

1M
-24.4%
3M
-20.6%
6M
-26.9%
12M
-31.6%

VOLATILITY & LIQUIDITY

Volatility
34.9%
Beta
—
Avg daily volume
$40.8M

VALUATION

Market cap
—
P/E
—

FUNDAMENTALS

Profit margin
—
ROE
—
Industry
—

Prices to 11 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). It does not affect the insider score or rank.

Insiders' buying price vs the latest close

The latest close in the price history is more than a week old.

Buying size vs market trading

Complete price and volume history is not yet available.

Market-data coverage: 0 verified sessions · Latest session: — · Ratio status: Unavailable

Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.

Regulatory filings

Unfold all 24 filings

Results and insider purchases

Results (8-K)Bought within 5 sessionsBought within 20 sessionsBuyers, 20 sessions before
2026-08-0409:01 ET · before the open2 · $115.6KGorson Matthew B.; MIGOYA CARLOS A.2 · $115.6KGorson Matthew B.; MIGOYA CARLOS A.0
2026-05-0608:21 ET · before the open2 · $6.5MRichman Darren; Nitkin Robert4 · $6.6MRichman Darren; Gorson Matthew B.; Nitkin Robert0
2026-02-2609:32 ET · during trading hoursNone1 · $30.7KGorson Matthew B.0
2025-10-2308:11 ET · before the open2 · $325.6KBARTELS PATRICK J JR; Gorson Matthew B.4 · $373.3KBARTELS PATRICK J JR; Gorson Matthew B.; MIGOYA CARLOS A.0

Results dates are the company's 8-K filings to the SEC under Item 2.02 (results of operations); one filed after the close counts from the next session. Purchases are open-market buys reported on Form 4 (code P), by trade date; a Form 4 can arrive two business days after the trade, so the latest days can still fill in. Facts only; this does not change the score or rank.

Ownership and trading-plan context

Direct / indirect ownershipUnavailable
10b5-1 filing evidenceUnavailable
Evidence retrievedUnavailable

These are accession-level filing fields. Unavailable means the evidence was not fetched or parsed; it is never inferred as “No” and does not adjust the US score.

Filing evidence

These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.

Excluded transactions & classification

13 qualifying purchase disclosure(s) · 16 transaction line(s)

Nov 26, 2025Open market purchase
MIGOYA CARLOS A. · Director
Class A Common Stock · 219.0 shares × — · 0.0 USD
Open filing
Nov 24, 2025Open market purchase
Lynch Kathleen B. · Director
Class A Common Stock · 1860.0 shares × 31.74 USD · 59036.399999999994 USD
Open filing
Nov 12, 2025Open market purchase
MIGOYA CARLOS A. · Director
Class A Common Stock · 1000.0 shares × 32.24 USD · 32240.000000000004 USD
Open filing
Unfold all 13 remaining filing row(s)
Transaction datePublishedFilerRoleTransactionInstrumentPrice (local currency)Quote currencyVolumeReported value (local currency)Source
2025-10-302025-10-31Presa RachelGeneral Counsel and SecretaryOpen market purchaseClass A Common Stock32.37 USDUSD242.07833.539999999999 USDOpen filing
2025-10-302025-10-31Presa RachelGeneral Counsel and SecretaryOpen market purchaseClass A Common Stock32.33 USDUSD234.07565.219999999999 USDOpen filing
2025-10-292025-10-30Gorson Matthew B.DirectorOpen market purchaseClass A Common Stock32.69 USDUSD2500.081725.0 USDOpen filing
2025-10-282025-10-29BARTELS PATRICK J JRDirectorOpen market purchaseClass A Common Stock32.52 USDUSD7500.0243900.00000000003 USDOpen filing
2026-03-052026-03-09Gorson Matthew B.DirectorOpen market purchaseClass A Common Stock30.67 USDUSD1000.030670.0 USDOpen filing
2026-05-182026-05-19Gorson Matthew B.DirectorOpen market purchaseClass A Common Stock26.97 USDUSD4500.0121365.0 USDOpen filing
2026-05-132026-05-13Presa RachelGeneral Counsel and SecretaryOpen market purchaseClass A Common Stock26.62 USDUSD307.08172.34 USDOpen filing
2026-05-122026-05-13Nitkin RobertChief Operating OfficerOpen market purchaseClass A Common Stock26.6 USDUSD1840.048944.0 USDOpen filing
2026-05-112026-05-13Presa RachelGeneral Counsel and SecretaryOpen market purchaseClass A Common Stock27.18 USDUSD725.019705.5 USDOpen filing
2026-05-112026-05-13Richman DarrenSee RemarksOpen market purchaseClass A Common Stock27.31 USDUSD40000.01092400.0 USDOpen filing
2026-05-112026-05-13Richman DarrenSee RemarksOpen market purchaseClass A Common Stock27.31 USDUSD195000.05325450.0 USDOpen filing
2026-08-102026-08-10Gorson Matthew B.DirectorOpen market purchaseClass A Common Stock28.8 USDUSD3000.086400.0 USDOpen filing
2026-08-072026-08-10MIGOYA CARLOS A.DirectorOpen market purchaseClass A Common Stock29.18 USDUSD1000.029180.0 USDOpen filing

Showing 16 of 16 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Other disclosed transactions · excluded from score

View 11 other transaction(s)

Dec 10, 2025Grant or award
BARTELS PATRICK J JR · Director
Class A Common Stock · 6451.0 shares × 0.0 USD · 0.0 USD
Open filing
Dec 10, 2025Grant or award
Lynch Kathleen B. · Director
Class A Common Stock · 6451.0 shares × 0.0 USD · 0.0 USD
Open filing
Dec 10, 2025Grant or award
Gorson Matthew B. · Director
Class A Common Stock · 6451.0 shares × 0.0 USD · 0.0 USD
Open filing
Unfold all 8 remaining filing row(s)
Transaction datePublishedFilerRoleTransactionInstrumentPrice (local currency)Quote currencyVolumeReported value (local currency)Source
2025-12-102025-12-12MIGOYA CARLOS A.DirectorGrant or awardClass A Common Stock0.0 USDUSD6451.00.0 USDOpen filing
2025-12-102025-12-12Mincey Mary AlisonDirectorGrant or awardClass A Common Stock0.0 USDUSD6451.00.0 USDOpen filing
2025-11-262025-12-01LENNAR CORP /NEW/TenPercentOwnerOther acquisition or dispositionClass A Common Stock—USD33298754.00.0 USDOpen filing
2026-05-132026-05-13Mincey Mary AlisonDirectorGrant or awardClass A Common Stock0.0 USDUSD5639.00.0 USDOpen filing
2026-05-132026-05-13Lynch Kathleen B.DirectorGrant or awardClass A Common Stock0.0 USDUSD5639.00.0 USDOpen filing
2026-05-132026-05-13Gorson Matthew B.DirectorGrant or awardClass A Common Stock0.0 USDUSD5639.00.0 USDOpen filing
2026-05-132026-05-13MIGOYA CARLOS A.DirectorGrant or awardClass A Common Stock0.0 USDUSD5639.00.0 USDOpen filing
2026-05-132026-05-13BARTELS PATRICK J JRDirectorGrant or awardClass A Common Stock0.0 USDUSD5639.00.0 USDOpen filing

Showing 11 of 11 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.

Snapshot & identity

Snapshot date
2026-10-18
Ticker
MRP
ISIN
—
Sector
Real Estate
Industry
—

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How to read Form 4 transaction codes

CodeInterpretationScreen treatment
POpen-market / private purchaseBuy evidence when the security is qualifying equity
SSaleSell evidence when the security is qualifying equity
AGrant / awardContext only
FTax-related withholdingContext only
MOption exerciseContext only
GGiftContext only
J / LOther / non-directionalContext only

P/S rows for options, warrants, compensation units and debt remain visible for audit but are excluded from equity scores and quotes.