Streetbeat News

Insider Trading

COMM

FPAY

IVP

SCKT

Insiders at CommScope Holding, Inspire Veterinary Partners, Socket Mobile, and FlexShopper have recently purchased shares of their respective companies, all priced under $2. CommScope's director acquired 60,000 shares following an upgrade by Raymond James. Inspire Veterinary Partners' director bought 1,000 shares after reporting a 42% year-over-year revenue increase. Socket Mobile's director purchased 5,000 shares despite a wider-than-expected quarterly loss. FlexShopper's director acquired 8,707 shares after reporting better-than-expected financial results.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 11:35 am

NUTX

Nutex Health CEO Thomas T Vo purchased 500,000 shares of the company at an average price of $0.23 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 7:30 pm

AMZN

Jeff Bezos is anticipated to sell a significant number of Amazon shares, potentially 8M-10M, which could exceed $1B in value. This move is expected to occur on Tuesday, as reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:32 pm

TCMD

Senator Tina Smith reported purchasing $100,001 - $250,000 worth of Tactile Systems Tech (NASDAQ:TCMD) stock on November 20, 2023. The STOCK Act prohibits using private information for personal gain and requires Congress members to disclose transactions. TCMD shares rose 2.53% to $12.96 following the news.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

AORT

Senator Tina Smith reported purchasing Artivion (NYSE:AORT) stock valued between $100,002 and $200,000 on November 20, 2023. Artivion's shares have risen 11.19% to $15.7 following the report. Congressional transactions are considered significant as they can indicate expectations about stock performance, but they should not be the sole basis for investment decisions. The STOCK Act prevents Congress members from using non-public information for personal gain in stock trading.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:05 pm

ENPH

GRPN

MRCY

VYX

Insiders at Mercury Systems, NCR Voyix, Groupon, and Enphase Energy have made significant stock purchases. Mercury Systems saw a purchase of $8.69 million by Jana Partners Management LP, despite reporting worse-than-expected Q1 results. NCR Voyix Director James G Kelly invested $1 million, following Q3 sales of $2.02 billion. Groupon's 10% owner Pale Fire Capital SICAV a.s. bought shares worth $3.07 million after poor Q3 results. Enphase Energy's CEO Badri Kothandaraman purchased shares for $100,873, with Mizuho initiating coverage with a Buy rating and a $131 price target.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 1:39 pm

MRVL

SLB

TDG

Insiders at Schlumberger, TransDigm Group, Marvell Technology, and Laboratory Corporation of America have recently sold shares. Schlumberger's President of New Energy sold shares after the company was chosen by Eni S.p.A. for a methane emissions project. TransDigm's Director sold shares post better-than-expected Q4 results and an acquisition announcement. Marvell Technology's CEO sold shares following a new Buy rating and price target from Roth MKM. Laboratory Corp's SVP sold shares after JP Morgan maintained an Overweight rating and raised the price target.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 12:44 pm

ATAI

GCI

OMER

TSHA

Insiders at four companies, Omeros Corporation (OMER), Taysha Gene Therapies, Inc. (TSHA), Gannett Co., Inc. (GCI), and Atai Life Sciences N.V. (ATAI), have recently purchased shares. These transactions may signal insider confidence despite recent wider losses reported by Omeros and Taysha Gene Therapies, and a strategic partnership announcement by Gannett. Atai Life Sciences reported a net income attributable to shareholders for Q3 2023.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 11:30 am

MRAI

Marpai, Inc.'s SEC Form 4 filing reveals that Eitan Yaron, a key insider, has purchased 100,000 shares at an average price of $1.23 per share.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 9:15 pm

COIN

MARA

MSTR

MicroStrategy Inc (NASDAQ:MSTR) has experienced significant insider selling in November, with key executives and a director offloading shares. Despite this, MSTR stock has risen 13.96% since November 1, and analysts rate it a Buy. The company's aggressive Bitcoin accumulation strategy may be influencing its stock performance, as it holds a substantial amount of Bitcoin relative to its market cap. Other crypto-related stocks like Coinbase Global Inc. (NYSE:COIN) and Marathon Digital Holdings Inc (NYSE:MARA) have also been rallying, potentially due to optimism around a spot Bitcoin ETF.

Portfolio Pulse from Surbhi Jain

November 20, 2023 | 5:39 pm