Over $6M Bet On This Tech Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Avi Kapoor
Insiders have made notable purchases in Appian Corporation, Dorchester Minerals, and Resources Connection, indicating confidence in these companies' prospects. Appian's 10% owner acquired $6.71 million worth of shares, Dorchester Minerals' operating LP bought $93,460 worth of shares, and a director at Resources Connection purchased $281,250 worth of shares.
July 24, 2024 | 1:56 pm
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POSITIVE IMPACT
Appian Corporation's 10% owner Colin T. Moran acquired 190,000 shares at an average price of $35.33, totaling around $6.71 million. This insider purchase indicates strong confidence in the company's future prospects.
The significant insider purchase by a major shareholder suggests strong confidence in Appian's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Dorchester Minerals Operating LP acquired 2,900 shares of Dorchester Minerals at an average price of $32.23, totaling around $93,460. This insider purchase reflects confidence in the company's future.
The insider purchase by Dorchester Minerals Operating LP indicates confidence in the company's future, which could positively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Resources Connection's Director Roger D Carlile bought 25,000 shares at an average price of $11.25, totaling around $281,250. This insider purchase suggests confidence in the company's future prospects.
The insider purchase by a director of Resources Connection indicates strong confidence in the company's future, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80