Insiders Buying Citi Trends And 2 Other Stocks
Portfolio Pulse from Avi Kapoor
Insiders have recently purchased shares in Citi Trends, RE/MAX Holdings, and Tilly's, indicating confidence in these companies. Notable purchases include 116,675 shares of Tilly's, 26,522 shares of RE/MAX Holdings, and 24,000 shares of Citi Trends.
July 05, 2024 | 3:01 pm
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POSITIVE IMPACT
Pleasant Lake Partners LLC bought 24,000 shares of Citi Trends at an average price of $19.95, after the company posted a narrower-than-expected quarterly loss.
The insider purchase indicates confidence in Citi Trends' future prospects despite recent losses. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 88
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
MAGNOLIA GROUP, LLC acquired 26,522 shares of RE/MAX Holdings at an average price of $8.03, following the company's upbeat quarterly results.
The insider purchase following positive earnings results suggests confidence in RE/MAX Holdings' future performance, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Pleasant Lake Partners LLC acquired 116,675 shares of Tilly's at an average price of $5.56, despite the company posting a wider-than-expected quarterly loss.
The insider purchase indicates confidence in Tilly's future prospects despite recent poor earnings. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100