$1M Bet On This Tech Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders have recently purchased shares in ACI Worldwide (ACIW), Topgolf Callaway Brands (MODG), and Donegal Group (DGICA). These purchases signal confidence in the companies' prospects and may present an opportunity for investors.
June 09, 2023 | 1:05 pm
News sentiment analysis
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POSITIVE IMPACT
ACI Worldwide's CEO Thomas Warsop III acquired 43,000 shares at an average price of $23.63, signaling confidence in the company's prospects.
The CEO's purchase of 43,000 shares indicates confidence in the company's prospects. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Donegal Group's 10% owner Donegal Mutual Insurance Co bought 6,191 shares at an average price of $15.32, despite the company posting weaker-than-expected quarterly earnings.
The 10% owner's purchase of 6,191 shares, despite weaker-than-expected quarterly earnings, indicates confidence in the company's long-term prospects. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
Topgolf Callaway Brands Director Adebayo Ogunlesi acquired 100,000 shares at an average price of $19.45, despite the company issuing weak FY23 EPS guidance.
The director's purchase of 100,000 shares, despite weak FY23 EPS guidance, indicates confidence in the company's long-term prospects. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100