ReWalk Robotics And 2 Other Stocks Under $1 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at iCoreConnect Inc. (OTC:ICCT), ReWalk Robotics Ltd. (NASDAQ:RWLK), and 1847 Holdings LLC (NYSE:EFSH) have recently acquired shares, indicating their confidence in the companies' prospects. iCoreConnect recently announced its Q1 2023 results, while ReWalk Robotics reported Q1 2023 revenues of $1.23 million, missing the consensus estimate of $2 million. 1847 Holdings expects Q2 revenue of $20 million, a 54% YoY increase.
July 27, 2023 | 12:58 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
ReWalk Robotics' 10% owner acquired 100,000 shares, despite the company missing its Q1 2023 revenue estimate.
While ReWalk Robotics missed its Q1 2023 revenue estimate, the insider buying could suggest that the owner believes the company's long-term prospects remain strong.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
1847 Holdings' 10% owner acquired 80,000 shares, following the company's announcement of a 54% YoY increase in Q2 revenue.
The insider buying at 1847 Holdings, following a strong Q2 revenue forecast, indicates confidence in the company's financial performance and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
iCoreConnect's COO acquired 750,000 shares, indicating confidence in the company following its Q1 2023 results announcement.
Insider buying often signals confidence in a company's prospects. The COO's acquisition of shares following the Q1 2023 results suggests a positive outlook for iCoreConnect.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100