Streetbeat News

Insider Trading

GLMD

Masaya Otsuka has reported a 9.9% passive stake in Galmed Pharmaceuticals through a 13G filing, indicating a significant investment in the company.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 6:32 pm

SAVA

Cassava Sciences shares are under scrutiny as Adam Feuerstein tweets about Matt Nachtrab, a retail investor who previously bought $70M of SAVA, starting to sell his stake.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:41 pm

BSY

CLH

The Nasdaq 100 rose by 2.5%, with investors focusing on insider trades. Notable sales include Bentley Systems' Chief Product Officer selling shares and Clean Harbors' Director selling shares. Insider sales can indicate concerns or overvaluation but should not be the sole basis for investment decisions.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 12:49 pm

FCUV

MBCN

Insider trades were noted for Middlefield Banc Corp. and Focus Universal Inc., with executives purchasing shares, indicating confidence in their companies. Middlefield Banc's CEO bought 1,000 shares following strong earnings, while a director at Focus Universal acquired 1,000,000 shares amid a direct offering.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 11:44 am

ADBE

Adobe's CFO, Daniel Durn, sold a total of 6,500 shares in open market transactions at prices of $515.23 and $515.90 per share on September 17. This insider trading activity may influence investor sentiment regarding Adobe's stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:44 pm

FCX

Kevin Simpson announced on CNBC that he has increased his holdings in Freeport-McMoRan, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:56 pm

NEWT

OMIC

SRBK

Insider trades reveal significant purchases in Singular Genomics Systems, NewtekOne, and SR Bancorp, indicating potential confidence in these companies' prospects. Singular Genomics received a non-binding acquisition proposal, NewtekOne declared a dividend, and SR Bancorp reported a Q2 loss.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:53 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) shares are declining as the lockup period preventing insiders from selling shares is set to expire. The stock has been volatile, with recent legal issues and insider selling concerns impacting its price.

Portfolio Pulse from Adam Eckert

September 19, 2024 | 1:31 pm

EMMA

PMN

WYY

The article highlights insider buying activity in three penny stocks: WidePoint Corporation, ProMIS Neurosciences, and Emmaus Life Sciences. Insider purchases can indicate confidence in a company's prospects, which may influence investor decisions.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:17 pm

GOOG

MCD

ROST

WSM

The article discusses recent insider sales by executives at Alphabet, Williams-Sonoma, Ross Stores, and McDonald's. These sales may indicate various motivations, such as preplanned sales or concerns about stock valuation. Notably, Alphabet's CEO sold shares following a legal victory, while analysts have adjusted price targets for Williams-Sonoma and McDonald's.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 12:37 pm