Streetbeat News

Insider Trading

IOBT

KORE

VNRX

Insiders at VolitionRx, KORE Group Holdings, and IO Biotech have recently made notable stock purchases. VolitionRx Director Guy Archibald bought 20,000 shares at $0.71 each, while EF Hutton reiterated a Buy rating with a $4.5 target. KORE CEO Romil Bahl acquired 12,514 shares at $0.62 each, despite the company's Q3 results missing estimates and a lower FY23 revenue guidance. IO Biotech's Chief Accounting Officer Brian Burkavage purchased 10,000 shares at $1.01 each after the company reported a narrower-than-expected quarterly loss.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 11:26 am

DDD

3D Systems' stock (DDD) is trading higher after director Thomas W. Erickson bought 50,000 shares, indicating insider confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 5:51 pm

HHH

HTLD

KLG

Notable insider purchases were made in Howard Hughes Holdings Inc. (HHH), Heartland Express, Inc. (HTLD), Impinj, Inc. (PI), and WK Kellogg Co (KLG). William Ackman bought shares of HHH, Michael J Gerdin and Michael John Sullivan of HTLD, Patrick Daniel Gibson of PI, and Sherry Brice of KLG. These purchases indicate insider confidence despite varied company performance in their latest quarterly results.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 1:25 pm

KEY

SFM

WSM

Insiders at Williams-Sonoma, Visa, KeyCorp, and Sprouts Farmers Market have recently sold shares of their companies. Williams-Sonoma insiders sold shares after reporting better-than-expected Q3 earnings. Visa's insider sale coincides with an extended collaboration in Europe. KeyCorp's insider sold shares as Q3 FY23 revenues met consensus. Sprouts Farmers Market's CEO sold shares after reporting a 7.7% Y/Y sales growth in Q3 FY23.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 12:21 pm

BBGI

CLRO

FBRX

VWE

Insiders at Beasley Broadcast Group, Vintage Wine Estates, Forte Biosciences, and ClearOne have recently purchased shares of their respective companies, all priced under $1. Beasley Broadcast Group CEO Caroline Beasley bought 14,285 shares at $0.73 each, while Vintage Wine Estates Director Jonathan Sebastiani acquired 11,874 shares at $0.54 each. Forte Biosciences Director Paul A Wagner purchased 7,366 shares at $0.44, and ClearOne 10% owner Edward D Bagley bought 11,700 shares at $0.77. These transactions may indicate insider confidence despite recent financial setbacks such as wider quarterly losses or declining sales reported by these companies.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 11:38 am

SGML

Sigma Lithium's former Co-CEO was dismissed for trading company shares during a pre-earnings blackout period, as indicated by legal correspondence, sources, and trading data reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:47 pm

AMZN

Amazon.com, Inc (NASDAQ:AMZN) stock rose on Wednesday following reports of founder Jeff Bezos' plans to sell 8-10 million shares, worth over $1 billion. Bezos, who still owns nearly 10% of Amazon, has been increasing his philanthropic efforts and funding his space venture, Blue Origin, by selling Amazon stock annually. Additionally, Amazon is collaborating with the NFL to broadcast a 'Black Friday' football game on Prime Video, featuring exclusive deals and 'shoppable ads' to boost ratings and sales.

Portfolio Pulse from Anusuya Lahiri

November 22, 2023 | 4:44 pm

BMY

IRDM

Insiders at Bristol-Myers Squibb, Iridium Communications, and Impinj have made significant stock purchases. Bristol-Myers Squibb's Director bought shares after FDA approval of a new cancer drug. Iridium Communications' CEO invested $1.04 million in the company's stock following the termination of a smartphone agreement with Qualcomm. Impinj's Director made a $3.34 million purchase after reporting strong third-quarter revenue results.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 1:43 pm

ESGL

ESGL Holdings Limited has announced that its Chairman and CEO recently acquired 191,348 shares of the company's stock. This purchase could signal the CEO's confidence in the company's future performance and may positively influence investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:32 pm

GPS

LAUR

SEMR

On a day when the Nasdaq 100 saw a decline, investors took note of insider sales at Semrush Holdings (SEMR), Gap Inc. (GPS), and Laureate Education (LAUR). Dmitry Melnikov of Semrush sold shares worth approximately $772,589, while Gap's EVP Sarah Gilligan sold shares totaling around $190,204. Wengen Investments Ltd, a 10% owner of Laureate Education, sold shares for about $334,260. All three companies had reported better-than-expected earnings for the third quarter.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 12:42 pm