Insiders Buying LTC Properties And 2 Other Stocks
Portfolio Pulse from Avi Kapoor
Insiders have recently purchased shares in Aehr Test Systems, LTC Properties, and AMREP Corporation, indicating confidence in these companies' prospects. Notable purchases include 20,000 shares of AEHR by Director Howard T Slayen, 6,000 shares of LTC by Director David L Gruber, and 10,000 shares of AXR by 10% owner Rainey E. Lancaster.
August 05, 2024 | 1:03 pm
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POSITIVE IMPACT
Director Howard T Slayen acquired 20,000 shares of Aehr Test Systems at $15.50 each, following better-than-expected Q4 results and strong FY25 revenue guidance.
The insider purchase by a director, combined with strong financial results and positive revenue guidance, suggests a bullish outlook for AEHR in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Director David L Gruber acquired 6,000 shares of LTC Properties at $35.73 each, following upbeat quarterly sales.
The insider purchase by a director and positive sales performance indicate a positive short-term outlook for LTC.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
10% owner Rainey E. Lancaster acquired 10,000 shares of AMREP Corporation at $25.60 each, despite a decline in FY24 EPS.
The insider purchase by a significant shareholder suggests confidence, but the recent decline in EPS tempers the short-term outlook.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 100