$2M Bet On Align Technology? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at StepStone Group, Align Technology, and Energy Transfer have recently made notable stock purchases. StepStone Group and Energy Transfer posted downbeat quarterly earnings, while Align Technology reported Q1 financial results and issued guidance.
June 01, 2023 | 12:58 pm
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POSITIVE IMPACT
Align Technology's Director Kevin Dallas acquired 7,000 shares at an average price of $285.26, costing around $2 million.
The insider purchase of 7,000 shares by Kevin Dallas indicates confidence in Align Technology's prospects following the company's Q1 financial results and guidance. This could potentially lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Energy Transfer's EVP Bradford Whitehurst bought 10,000 shares at an average price of $12.43, costing around $124.33 thousand.
The insider purchase of 10,000 shares by Bradford Whitehurst indicates confidence in Energy Transfer's prospects despite downbeat quarterly results. This could potentially lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
StepStone Group's Director, Head of Strategy Michael I McCabe, acquired 80,000 shares at an average price of $21.47, costing around $1.72 million.
The insider purchase of 80,000 shares by Michael I McCabe indicates confidence in the company's prospects despite downbeat quarterly earnings. This could potentially lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100