Around $9M Bet On Cardlytics? Check Out These 4 Stocks Insiders Are Buying
Portfolio Pulse from Avi Kapoor
Insiders at Cardlytics, AerSale, Paragon 28, and Kinetik Holdings have recently made significant stock purchases, signaling their confidence in the companies' futures. These transactions range from around $255,225 to $8.96 million, with each company having recent news that could influence these decisions. Cardlytics entered an Equity Distribution Agreement, AerSale reported disappointing Q4 results, Paragon 28 exceeded quarterly sales expectations, and Kinetik Holdings announced a secondary offering pricing.
March 19, 2024 | 1:09 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nicolas Finazzo, a director at AerSale, acquired 35,277 shares at an average price of $7.52, costing around $265,360. This comes after AerSale reported disappointing Q4 financial results.
Nicolas Finazzo's purchase could be seen as a vote of confidence in AerSale's recovery and future growth potential, despite the recent disappointing earnings report.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Clifford Sosin, a 10% owner of Cardlytics, purchased 661,715 shares at an average price of $13.55, totaling around $8.96 million. This follows Cardlytics' announcement of an Equity Distribution Agreement for up to $50 million.
The significant insider purchase by Clifford Sosin suggests strong confidence in Cardlytics' future, especially following the announcement of an Equity Distribution Agreement. This could indicate a positive outlook for the stock.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Albert Dacosta, a director at Paragon 28, bought 28,000 shares at an average price of $9.12, totaling around $255,225. This follows Paragon 28's better-than-expected quarterly sales.
Albert Dacosta's investment in Paragon 28 aligns with the company's recent positive sales report, suggesting optimism about its continued growth.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Jamie Welch, a director at Kinetik Holdings, purchased 14,814 shares at an average price of $33.75, spending around $499,972. This was announced alongside Kinetik's secondary offering pricing of shares at $33.75.
Jamie Welch's purchase indicates a strong belief in Kinetik Holdings' value and prospects, coinciding with the company's secondary offering pricing, which could attract investor interest.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90