$1M Bet On This Financial Services Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insider trading has been observed in three US-listed companies: Prospect Capital Corporation (PSEC), Applied Optoelectronics, Inc. (AAOI), and The Eastern Company (EML). PSEC's CEO acquired 166,160 shares for around $1 million following better-than-expected Q4 results. AAOI's President and CEO bought 15,000 shares for around $146,901 after reporting better-than-expected Q2 adjusted EPS results. EML's CEO purchased 1,228 shares for around $22,744 amidst a decline in quarterly EPS.
September 15, 2023 | 7:03 am
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NEUTRAL IMPACT
EML's CEO bought 1,228 shares for around $22,744 amidst a decline in quarterly EPS.
The CEO's purchase of shares despite a decline in quarterly EPS indicates confidence in the company's long-term prospects, but the impact on the stock price in the short term is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
AAOI's President and CEO bought 15,000 shares for around $146,901 after better-than-expected Q2 adjusted EPS results.
The CEO's purchase of shares indicates confidence in the company's prospects, which could positively influence the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
PSEC's CEO bought 166,160 shares for around $1 million after better-than-expected Q4 results.
The CEO'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