Streetbeat News

Insider Trading

ADMQ

OPK

XXII

Insiders at four companies have recently made notable purchases of their own stock, indicating potential confidence in their respective companies' prospects. Earth Science Tech Director Yovan A. Sanchez bought 50,000 shares, 22nd Century Group Director Andrew Arno acquired 100,000 shares, ADM Endeavors CEO Marc Johnson purchased 453,206 shares, and OPKO Health's 10% owner and Vice Chairman/CTO made significant purchases totaling 1,650,010 shares. These transactions can be a factor for investors considering penny stocks.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 2:03 pm

AXR

NBBK

VOXX

Insiders at AMREP Corporation, NB Bancorp, Inc., and VOXX International Corporation have made significant stock purchases, signaling potential confidence in their respective companies. AMREP's 10% owner bought shares despite a decline in quarterly sales. NB Bancorp's EVP acquired shares as the stock saw a slight gain over five days. VOXX International's Director made a substantial purchase following a settlement agreement with Seaguard.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 1:17 pm

ATI

BASE

HOOD

TGTX

Insiders at Robinhood, Couchbase, ATI, and TG Therapeutics have recently sold shares of their companies. Couchbase reported strong Q3 results and a positive FY24 outlook. Robinhood's CEO sold shares, but Keybanc maintains an Overweight rating with a raised target. ATI posted better-than-expected earnings in November. TG Therapeutics reported increased Briumvi sales in Q3. Insider sales can indicate various sentiments and should not be the sole basis for investment decisions.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 1:07 pm

EPOW

Haiping Hu, CEO of Sunrise New Energy Co., Ltd. (EPOW), purchased 245,000 shares of EPOW at $1.0706/share, investing about $262,297. His total ownership is now 7,107,933 shares. Hu expressed strong confidence in the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:26 pm

ADMQ

VANI

XXII

Insiders at Vivani Medical, 22nd Century Group, and ADM Endeavors have recently made notable stock purchases. Vivani Medical's Director Gregg Williams bought 6,200 shares at $1.07 each, while the company reported a wider-than-expected quarterly loss in November. 22nd Century Group's CEO Lawrence Firestone acquired 100,000 shares at $0.17 each following the sale of its hemp/cannabis operations. ADM Endeavors' CEO Marc Johnson purchased 125,500 shares at $0.04 each, with the stock rising about 30% over the past five days.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 1:20 pm

LAUR

MODN

OPEN

Insiders at Opendoor Technologies, Model N, RH, and Laureate Education have recently sold shares of their companies. Opendoor's President sold shares after a price target increase by JMP Securities. Model N's Chief Services Officer sold shares following a downgrade by JP Morgan. An insider at RH sold shares after the company reported disappointing Q3 results. Laureate Education's 10% owner sold shares post the company's upbeat quarterly results. Insider sales can indicate various sentiments and should not be the sole basis for investment decisions.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 12:54 pm

KALV

NBBK

STAA

Insiders at STAAR Surgical, KalVista Pharmaceuticals, and NB Bancorp have made significant stock purchases, signaling potential confidence in their respective companies. STAAR Surgical's 10% owner Neal Bradsher acquired shares worth approximately $6.48 million, while KalVista Pharmaceuticals' 10% owner Nimish Shah purchased shares for about $720,543. NB Bancorp Director Muhammad Raza bought shares totaling around $50,031. These transactions may indicate an opportunity for investors to consider these stocks.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 12:13 pm

IBKR

Thomas Peterffy, billionaire founder of Interactive Brokers, shared his worst trade involving DuPont de Nemours Inc. (NYSE:DD), where he lost $80,000, half his capital at the time, due to impatience and a mistake in option trading. He also discussed his investment philosophy, emphasizing logic and independent research over secrets or advice from books.

Portfolio Pulse from Rounak Jain

January 06, 2024 | 9:02 am

MGAM

Mobile Global Esports announced the appointment of Sunny Bhandarkar as its new CEO, effective immediately, replacing David Pross. The change in leadership was disclosed in an 8-K filing.

Portfolio Pulse from Charles Gross

January 05, 2024 | 9:20 pm

SOBR

SOBR Safe, Inc. announced the retirement of CFO Jerry Wenzel on December 31, 2023, and the appointment of Christopher Whitaker as the new CFO effective January 1, 2024. Whitaker has a 30-year career in finance, including executive roles at Elixinol, Inc. and AEGIS Financial Consulting, LLC. He will receive an annual salary of $225,000 and 150,000 stock options at $0.48. His employment contract details are pending and will be disclosed in an amended report.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 5:29 pm