More Than $17M Bet On Asana? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insider trades were noted in Asana, Inc. (ASAN), Gatos Silver, Inc. (GATO), and Cannae Holdings, Inc. (CNNE). ASAN's CEO acquired 1,015,000 shares at an average price of $17.19, costing around $17.44 million, following a narrower-than-expected quarterly loss. GATO's CEO acquired 50,000 shares at an average price of $5.40, costing around $270,000, after posting a loss for the second quarter. CNNE's CEO bought 50,000 shares at an average price of $18.66, costing around $933,200, after posting downbeat second-quarter results.
September 28, 2023 | 10:41 am
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POSITIVE IMPACT
Asana's CEO acquired 1,015,000 shares at an average price of $17.19, costing around $17.44 million, following a narrower-than-expected quarterly loss.
The CEO's significant share purchase indicates confidence in the company's prospects, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Cannae Holdings' CEO bought 50,000 shares at an average price of $18.66, costing around $933,200, after posting downbeat second-quarter results.
Despite the company's downbeat Q2 results, the CEO's share purchase indicates a positive outlook, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Gatos Silver's CEO acquired 50,000 shares at an average price of $5.40, costing around $270,000, after posting a loss for the second quarter.
Despite the company's Q2 loss, the CEO's share purchase indicates a positive outlook, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100