$6.5M Bet On This Real Estate Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insider trades were noted in Howard Hughes Holdings Inc. (HHH), Citi Trends, Inc. (CTRN), and Neogen Corporation (NEOG). HHH Director William Ackman acquired 93,390 shares at an average price of $69.29, costing around $6.47 million. CTRN's 10% owner Pleasant Lake Onshore Feeder Fund LP acquired 17,673 shares at an average price of $22.88, costing around $404,358. NEOG's CFO David Naemura bought 10,000 shares at an average price of $15.03, costing around $150,333.
October 12, 2023 | 10:59 am
News sentiment analysis
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POSITIVE IMPACT
Citi Trends, Inc.'s 10% owner Pleasant Lake Onshore Feeder Fund LP acquired 17,673 shares, indicating confidence in the company.
Insider trading often indicates confidence in a company's prospects. The large purchase by the 10% owner suggests a positive outlook for CTRN.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Howard Hughes Holdings Inc. Director William Ackman acquired 93,390 shares, indicating confidence in the company.
Insider trading often indicates confidence in a company's prospects. The large purchase by the director suggests a positive outlook for HHH.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Neogen Corporation's CFO David Naemura bought 10,000 shares, indicating confidence in the company.
Insider trading often indicates confidence in a company's prospects. The large purchase by the CFO suggests a positive outlook for NEOG.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100