Over $11M Bet On Impinj? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insider trading has been observed in three US-listed companies: Impinj, Inc. (NASDAQ:PI), The Howard Hughes Corporation (NYSE:HHC), and Crocs, Inc. (NASDAQ:CROX). Impinj's director acquired shares worth $11.44 million following the company's positive Q2 results. Howard Hughes' director purchased shares worth $1.22 million despite the company reporting a larger than expected Q2 loss. Crocs' director bought shares worth around $200,016 after the company reported an 11.2% YoY sales growth in Q2 FY23.
August 21, 2023 | 1:01 pm
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NEUTRAL IMPACT
Howard Hughes' director purchased shares worth $1.22 million despite the company reporting a larger than expected Q2 loss.
Despite the company's Q2 loss, the director's purchase could indicate a belief in the company's long-term prospects. However, the impact on the stock price in the short term is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Crocs' director bought shares worth around $200,016 after the company reported an 11.2% YoY sales growth in Q2 FY23.
The director's purchase following strong Q2 sales growth indicates confidence in the company's performance, which could positively influence the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Impinj's director bought shares worth $11.44 million following positive Q2 results.
The director's purchase of a significant number of shares indicates confidence in the company's prospects, which could positively influence the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100