Gannett And 3 Other Stocks Under $4 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four companies, Local Bounti Corporation (LOCL), CalciMedica, Inc. (CALC), Gannett Co., Inc. (GCI), and BrightRock Gold Corp. (BRGC), have recently made notable purchases of their companies' stocks. This could indicate their confidence in the companies' prospects. However, each company has faced challenges recently, including downgrades, wider losses, worse-than-expected revenues, and stock declines.
November 07, 2023 | 1:42 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Insiders at BrightRock Gold Corp. have been buying shares, despite the company's stock declining around 30% over the past month.
The insider purchases could indicate confidence in the company's prospects, despite the stock decline. However, the stock decline could still negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Insiders at CalciMedica, Inc. have been buying shares, despite the company posting a wider loss for the second quarter.
The insider purchases could indicate confidence in the company's prospects, despite the wider loss. However, the wider loss could still negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Insiders at Gannett Co., Inc. have been buying shares, despite the company reporting worse-than-expected third-quarter revenue results.
The insider purchases could indicate confidence in the company's prospects, despite the worse-than-expected revenues. However, the poor revenue results could still negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Insiders at Local Bounti Corporation have been buying shares, despite a recent downgrade from Deutsche Bank.
The insider purchases could indicate confidence in the company's prospects, despite the downgrade. However, the downgrade could still negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100