Over $20M Bet On This US Energy Giant? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insider trades were noted in three US companies: Crocs, Inc. (CROX), Exxon Mobil Corporation (XOM), and Donegal Group Inc. (DGICA). Directors at Crocs and Exxon Mobil, and a 10% owner at Donegal Group, purchased shares in their respective companies. Crocs reported Q2 FY23 sales growth of 11.2% YoY, beating analyst consensus. Exxon Mobil reported Q2 revenues of $82.91 billion, beating consensus. Donegal posted better-than-expected quarterly sales.
August 04, 2023 | 3:10 pm
News sentiment analysis
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POSITIVE IMPACT
Director at Crocs, Inc. purchased 10,000 shares, indicating confidence in the company. Crocs reported better-than-expected Q2 FY23 sales growth.
Insider trading often indicates confidence in a company's prospects. Coupled with better-than-expected sales, this could positively impact Crocs' stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
10% owner at Donegal Group Inc. purchased 18,426 shares, indicating confidence in the company. Donegal posted better-than-expected quarterly sales.
Insider trading often indicates confidence in a company's prospects. Coupled with better-than-expected sales, this could positively impact Donegal Group's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Director at Exxon Mobil Corporation purchased 192,000 shares, indicating confidence in the company. Exxon Mobil reported better-than-expected Q2 revenues.
Insider trading often indicates confidence in a company's prospects. Coupled with better-than-expected revenues, this could positively impact Exxon Mobil's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100