Lulu's Fashion Lounge And 2 Other Stocks Under $3 Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders at Lulu's Fashion Lounge Holdings, Kingstone Companies, and ReWalk Robotics have been aggressively buying shares, despite the companies posting downbeat quarterly results. The purchases indicate their confidence in the companies' prospects.
August 28, 2023 | 12:52 pm
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POSITIVE IMPACT
Chief Operating Officer Meryl S Golden of Kingstone Companies acquired 5,996 shares at an average price of $1.75, indicating confidence in the company despite a wider-than-expected quarterly loss.
Insider buying is often a positive sign that the company's management believes in the company's future prospects. Despite the wider-than-expected quarterly loss, the COO's purchase indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Director Michael J Mardy of Lulu's Fashion Lounge Holdings acquired 10,000 shares at an average price of $2.10, indicating confidence in the company despite downbeat quarterly results.
Insider buying is often a positive sign that the company's management believes in the company's future prospects. Despite the downbeat quarterly results, the director's purchase indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
CFO Michael Lawless of ReWalk Robotics acquired 15,051 shares at an average price of $0.62, indicating confidence in the company despite downbeat quarterly results.
Insider buying is often a positive sign that the company's management believes in the company's future prospects. Despite the downbeat quarterly results, the CFO's purchase indicates confidence in the company's future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100