Insiders Buying GameStop And 2 Other Stocks
Portfolio Pulse from Lisa Levin
Insiders have recently purchased shares in GameStop Corp. (GME), Global Water Resources, Inc. (GWRS), and South Plains Financial, Inc. (SPFI). These purchases signal confidence in the companies' prospects and may present an opportunity for investors.
June 12, 2023 | 11:09 am
News sentiment analysis
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POSITIVE IMPACT
GameStop Director Alain Attal acquired 10,000 shares at an average price of $22.40, signaling confidence in the company despite worse-than-expected Q1 results.
The insider purchase of 10,000 shares by GameStop's Director Alain Attal indicates confidence in the company's prospects, despite worse-than-expected Q1 results. This could potentially lead to a short-term increase in the stock price as investors may interpret this as a positive signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Global Water Resources Director Andrew Cohn acquired 30,000 shares at an average price of $12.07, following the company's upbeat quarterly results.
The insider purchase of 30,000 shares by Global Water Resources' Director Andrew Cohn, following the company's upbeat quarterly results, indicates confidence in the company's prospects. This could potentially lead to a short-term increase in the stock price as investors may interpret this as a positive signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
South Plains Financial President Cory T. Newsom bought 4,478 shares at an average price of $23.59, following the announcement of a $15 million stock repurchase program.
The insider purchase of 4,478 shares by South Plains Financial's President Cory T. Newsom, following the announcement of a $15 million stock repurchase program, indicates confidence in the company's prospects. This could potentially lead to a short-term increase in the stock price as investors may interpret this as a positive signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100