$4.5M Bet On This Energy Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders have recently purchased shares in Energy Transfer, Axon Enterprise, and Perrigo Company, signaling confidence in these companies. Energy Transfer posted downbeat quarterly results, Axon reported better-than-expected Q1 results, and Perrigo received FDA approval for nicotine coated mint lozenges.
May 26, 2023 | 1:16 pm
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POSITIVE IMPACT
Axon Enterprise's Director Hadi Partovi acquired 10,000 shares at an average price of $190.75, costing around $1.91 million, following the company's better-than-expected Q1 results.
The insider purchase of 10,000 shares by the Director signals confidence in the company's prospects, following the better-than-expected Q1 results. This could indicate a potential upward trend in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Energy Transfer's Executive Chairman Kelcy Warren acquired 350,000 shares at an average price of $12.76, costing around $4.47 million, despite the company posting downbeat quarterly results.
The insider purchase of 350,000 shares by the Executive Chairman signals confidence in the company's prospects, despite the downbeat quarterly results. This could indicate a potential rebound in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Perrigo Company's EVP & President CHCI Svend Andersen bought 2,900 shares at an average price of $33.41, costing around $96.9 thousand, after the company received FDA approval for nicotine coated mint lozenges.
The insider purchase of 2,900 shares by the EVP & President signals confidence in the company's prospects, following the FDA approval for nicotine coated mint lozenges. This could indicate a potential upward trend in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100