Insiders Buying Chart Industries And 2 Other Stocks
Portfolio Pulse from Avi Kapoor
Insiders at Ooma, Chart Industries, and Kewaunee Scientific have recently made notable stock purchases. Ooma's CEO and President Eric B Stang bought 10,000 shares at $9.85 each. Chart Industries' Director Linda Harty purchased 1,000 shares at $130.14 each, despite the company reporting worse-than-expected Q3 results and lowering its full year 2023 sales guidance. Kewaunee Scientific's Director John Russell acquired 7,500 shares at $22.98 each after the company posted a Q2 profit.
December 18, 2023 | 12:39 pm
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POSITIVE IMPACT
Kewaunee Scientific's Director John Russell bought 7,500 shares following the company's profitable Q2 report.
The director's purchase post-profit announcement could be seen as a reaffirmation of the company's positive trajectory, likely encouraging investors.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Ooma's CEO and President Eric B Stang purchased 10,000 shares, signaling confidence in the company after in-line Q3 earnings.
The CEO's purchase is a strong signal of confidence, especially following in-line earnings, which may positively influence investor sentiment in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Chart Industries' Director Linda Harty bought 1,000 shares after the company reported disappointing Q3 results and lowered sales guidance.
The insider purchase might counterbalance the negative impact of the Q3 results and lowered guidance, potentially stabilizing the stock price.
CONFIDENCE 65
IMPORTANCE 60
RELEVANCE 70