Around $29M Bet On This Energy Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Avi Kapoor
Insiders have made significant purchases in Noble Corporation, Science Applications International, and Delta Air Lines, indicating confidence in these companies. Notable trades include a $28.9M purchase in Noble Corporation, a $118K purchase in Science Applications International, and a $438K purchase in Delta Air Lines.
July 16, 2024 | 12:48 pm
News sentiment analysis
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POSITIVE IMPACT
Delta Air Lines Director Willie CW Chiang bought 10,000 shares at $43.90 each, totaling $438,967. This insider trade suggests confidence in the airline's recovery and future performance.
The substantial insider purchase by a board member indicates strong confidence in Delta Air Lines' recovery and future performance, especially in a challenging industry.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Noble Corporation saw a significant insider purchase of 638,018 shares worth $28.9M by 10% owner APMH Invest A/S. This indicates strong confidence in the company's prospects.
A large insider purchase often signals confidence in the company's future performance. The $28.9M investment by a significant shareholder suggests positive expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Science Applications International's EVP, CHRO Michelle A. O’Hara purchased 1,000 shares at $118 each, totaling $118K. This insider trade reflects confidence in the company's stability and growth.
The insider purchase by a high-ranking executive indicates confidence in the company's future. Although the amount is smaller, it still suggests positive sentiment.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80