NYSEARCA:FWDI

Advisorshares Madrona International Etf Stock Insider Trading

*Your capital is at risk

$4.24

-0.0900 (-2.08%)

At Close: Aug 10, 2026

ADVISORSHARES MADRONA INTERNATIONAL ETF Stock Insider Power

Based on the 100 latest insides trades, we have calculated the insider power to be positive at 81.27. In total, the insiders bought 28.03M and sold 6.26M FWDI shares in the last 100 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power (Last 100 transactions)	81.27
● Buy	28.03M shares
● Sell	6.26M shares
86% Buy Activity Strong Negative Correlation
Buy Signal High Confidence May 05, 2026 Analysis Breakdown: Strongly supported by a very high Insider Power Score of 81.27. Confidence increased due to high data reliability score of 90. Supported by overwhelming buy-side pressure (86% buys).

Historical Insider Trades

Date	Type	Person	Role	Amount
May 23, 2023 Buy	Common Stock P-Purchase	Shah Sangita Director	Director	2 723 Value: $3K
Dec 20, 2022 Buy	Common Stock P-Purchase	Hrynkow Sharon Hemond Director	Director	4 855 Value: $6K
Dec 20, 2022 Buy	Common Stock P-Purchase	Hrynkow Sharon Hemond Director	Director	5 000 Value: $6K
Dec 19, 2022 Buy	Common Stock P-Purchase	Ziglar James W Director	Director	10 000 Value: $11.3K
Nov 29, 2022 Buy	Stock Options (Right to Buy)	Wild Robert W Jr. COO Of Subsidiary	C-Suite Officer	4 433 Value: $7K
Nov 29, 2022 Buy	No securities are beneficially owned	Wild Robert W Jr. COO Of Subsidiary	C-Suite Officer	0 Value: $0
Nov 29, 2022 Buy	Stock Options (Right to Buy)	Wild Robert W Jr. COO Of Subsidiary	C-Suite Officer	4 682 Value: $7K
Nov 29, 2022 Buy	Stock Options (Right to Buy)	Wild Robert W Jr. COO Of Subsidiary	C-Suite Officer	4 433 Value: $7K
Jul 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	14 451 Value: $21.2K
Jul 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W	Director	13 605 Value: $0
Jul 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	13 605 Value: $20.0K
Jul 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	14 451 Value: $21.2K
Jul 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita	Director	13 605 Value: $0
Jul 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	13 605 Value: $20.0K
Apr 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	12 674 Value: $21.8K
Apr 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W	Director	11 947 Value: $0
Apr 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	11 947 Value: $20.5K
Apr 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	12 674 Value: $21.8K
Apr 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita Director	Director	11 947 Value: $20.5K
Apr 01, 2022 Buy	Stock Options (Right to Buy) A-Award	Shah Sangita	Director	11 947 Value: $0
Feb 16, 2022 Buy	Common Stock	Hrynkow Sharon Hemond Director	Director	0 Value: $0
Feb 16, 2022 Buy	Stock Options (Right to Buy) A-Award	Hrynkow Sharon Hemond Director	Director	31 095 Value: $52.2K
Jan 03, 2022 Buy	Stock Options (Right to Buy) A-Award	Morgan Howard J Director	Director	14 045 Value: $21.9K
Jan 03, 2022 Buy	Stock Options (Right to Buy) A-Award	Morgan Howard J Director	Director	13 717 Value: $21.4K
Jan 03, 2022 Buy	Stock Options (Right to Buy) A-Award	Ziglar James W Director	Director	14 045 Value: $21.9K

About Insider Power

Insider Power is a proprietary algorithm developed by StockInvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%^* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks