$1M Bet On This Online Dating Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Grocery Outlet Holding Corp. (GO), Match Group, Inc. (MTCH), and Everbridge, Inc. (EVBG) have recently made notable stock purchases, signaling confidence in their respective companies. Grocery Outlet posted better-than-expected quarterly earnings, Match Group reported a 5% increase in first-quarter EPS, and Everbridge saw an 8% revenue growth in the first quarter of FY23.
June 02, 2023 | 1:13 pm
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POSITIVE IMPACT
Everbridge's director bought 20,000 shares at an average price of $23.24, after the company reported an 8% revenue growth in the first quarter of FY23.
The director's purchase of 20,000 shares indicates confidence in the company's performance, especially after reporting an 8% revenue growth in the first quarter of FY23. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Grocery Outlet's director acquired 70,000 shares at an average price of $28.50, following better-than-expected quarterly earnings.
The director's purchase of 70,000 shares indicates confidence in the company's prospects, especially after posting better-than-expected quarterly earnings. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Match Group's CEO acquired 31,439 shares at an average price of $34.44, after the company reported a 5% increase in first-quarter EPS.
The CEO's purchase of 31,439 shares signals confidence in the company's growth, especially after reporting a 5% increase in first-quarter EPS. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100