Over $1M Bet On Nike? Check Out These 4 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Howard Hughes Holdings Inc (HHH), NIKE, Inc. (NKE), Funko, Inc. (FNKO), and Agree Realty Corporation (ADC) have recently made notable purchases of their companies' stocks. This could indicate their confidence in the companies' prospects or that they view the stocks as bargains.
October 04, 2023 | 10:39 am
News sentiment analysis
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POSITIVE IMPACT
Agree Realty Corporation CEO and President Joey Agree bought 4,000 shares at an average price of $53.84, costing around $215,360.
The purchase by the CEO and President indicates confidence in the company following the promotion of Nicole Witteveen to COO.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
10% owner Chan Kenneth Hsiangtze bought 9,349 shares of Funko, Inc. at an average price of $7.25, costing around $67,735.
The purchase by a major shareholder indicates confidence in the company despite a Q2 earnings miss and weak guidance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
10% owner William Ackman acquired 121,200 shares of Howard Hughes Holdings at an average price of $72.58, costing around $8.8 million.
The purchase by a major shareholder indicates confidence in the company despite a wider-than-expected Q2 loss.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
NIKE, Inc. Director Holmes Robert Swan acquired 13,072 shares at an average price of $96.13, costing around $1.26 million.
The purchase by a director indicates confidence in the company despite sales missing expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100