Insiders Buying FlexShopper And 3 Other Stocks Under $2
Portfolio Pulse from Lisa Levin
Insiders at CommScope Holding, Inspire Veterinary Partners, Socket Mobile, and FlexShopper have recently purchased shares of their respective companies, all priced under $2. CommScope's director acquired 60,000 shares following an upgrade by Raymond James. Inspire Veterinary Partners' director bought 1,000 shares after reporting a 42% year-over-year revenue increase. Socket Mobile's director purchased 5,000 shares despite a wider-than-expected quarterly loss. FlexShopper's director acquired 8,707 shares after reporting better-than-expected financial results.

November 22, 2023 | 11:35 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
CommScope Holding's director purchased 60,000 shares at $1.86 each after an upgrade from Raymond James, indicating potential insider confidence in the company's future.
The insider purchase combined with the recent upgrade by Raymond James could be seen as a positive signal by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
FlexShopper's director acquired 8,707 shares at $1.12 each after the company reported better-than-expected financial results, suggesting confidence in continued performance.
The insider buying following positive financial results could be a strong indicator of the company's potential, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Inspire Veterinary Partners' director acquired 1,000 shares at $0.56 each after the company reported a significant increase in year-over-year revenue.
The insider purchase following a strong revenue report may suggest optimism about the company's growth, which could positively influence the stock price in the short term.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 70
NEUTRAL IMPACT
Socket Mobile's director bought 5,000 shares at $1.23 each despite the company posting a wider-than-expected quarterly loss, which could indicate belief in a turnaround.
The insider purchase might be seen as a positive sign, but the recent wider-than-expected loss could temper investor enthusiasm, leading to a neutral short-term impact on the stock price.
CONFIDENCE 65
IMPORTANCE 55
RELEVANCE 60