Streetbeat News

Insider Trading

LUMN

NWPP

RPTX

SCKT

Insiders at four penny stocks have made significant purchases recently. New Peoples Bankshares Inc. (OTC:NWPP) Director John D Cox acquired 40,000 shares at an average price of $2.50. Socket Mobile Inc (NASDAQ:SCKT) Director Charlie Bass acquired 5,000 shares at an average price of $1.08. Repare Therapeutics Inc. (NASDAQ:RPTX) 10% owner Mark Lampert acquired 783,709 shares at an average price of $3.60. Lumen Technologies, Inc. (NASDAQ:LUMN) President and CEO Kathleen E Johnson acquired 1,000,000 shares at an average price of $0.97.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 1:24 pm

AMKR

AMZN

CIEN

WMT

Insiders at four major companies, Amazon (AMZN), Walmart (WMT), Ciena Corporation (CIEN), and Amkor Technology (AMKR), have recently sold shares. The reasons for these sales vary, with Ciena reporting positive Q3 results, Amkor showing a YoY decrease in Q3 EPS results and issuing Q4 revenue guidance below estimates, Walmart planning to open a new fulfillment center, and Amazon facing allegations from the FTC.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 12:44 pm

ASAN

BAC

NEOG

TBBK

Insiders at Asana, Neogen Corporation, Bank of America, and The Bancorp have recently made notable purchases of their companies' stocks. This could indicate their confidence in the companies' prospects or that they view the stocks as a bargain. However, insider purchases should not be the only indicator for making an investment or trading decision.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 11:58 am

RPTX

Mark Lampert, a 10%+ owner of Repare Therapeutics, has reported the purchase of 783,709 shares at an average price of $3.60 per share in a Form 4 filing on Friday. This has led to a premarket increase in Repare Therapeutics' shares.

Portfolio Pulse from Charles Gross

November 06, 2023 | 10:01 am

BUKS

MMLP

SCKT

Insiders at Martin Midstream Partners LP (MMLP), Socket Mobile Inc (SCKT), and Butler National Corporation (BUKS) have recently acquired shares in their respective companies. MMLP Director Ruben S Martin bought 12,000 shares at an average price of $2.50, SCKT Director Charlie Bass acquired 5,000 shares at an average price of $1.00, and BUKS 10% owner Joseph Patrick Daly purchased 30,000 shares at an average price of $0.68.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 12:45 pm

ACN

NET

SNAP

TTD

Insiders at Trade Desk Inc (TTD), Snap Inc (SNAP), Accenture Plc (ACN), and Cloudflare Inc (NET) have recently sold shares. TTD's CEO sold shares worth $11.2 million, SNAP's General Counsel sold shares worth $129,117, ACN's General Counsel sold shares worth $324,900, and NET's Director sold shares worth $450,091. These sales could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 12:10 pm

DGICA

MBLY

NYC

Insiders at Barnes Group Inc (B), Mobileye Global Inc (MBLY), American Strategic Investment Co. (NYC), and Donegal Group Inc (DGICA) have recently made notable purchases of their companies' stocks. Barnes Group's CEO acquired 125,000 shares, Mobileye Global's Director bought 27,819 shares, American Strategic Investment's 10% owner purchased 223,460 shares, and Donegal Group's 10% owner bought 13,545 shares.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 11:11 am

ALGN

FITB

TBI

Insiders at Fifth Third Bancorp, Loews Corporation, Align Technology, and TrueBlue have made notable purchases of their companies' stocks. Fifth Third Bancorp and Loews reported better-than-expected earnings, while Align Technology and TrueBlue reported weaker-than-expected results. Insider purchases can indicate confidence in the company's prospects or that the stock is viewed as a bargain.

Portfolio Pulse from Lisa Levin

November 02, 2023 | 1:05 pm

CLSD

CYH

MODD

Insiders at Clearside Biomedical, Inc. (CLSD), Community Health Systems, Inc. (CYH), and Modular Medical, Inc. (MODD) have recently made significant purchases of their companies' stocks. CLSD's 10% owner bought 135,778 shares, CYH's Director acquired 1,000,000 shares, and MODD's Director purchased 10,000 shares. This could indicate their confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

November 02, 2023 | 12:13 pm

DASH

FSLR

MTB

RCL

Insiders at First Solar, Inc. (FSLR), Royal Caribbean Cruises Ltd. (RCL), DoorDash, Inc. (DASH), and M&T Bank Corporation (MTB) have recently sold shares. While insider sales can sometimes indicate concern about a company's prospects or a belief that the stock is overpriced, they should not be the sole basis for investment decisions. FSLR reported lower than expected Q3 revenue, RCL posted upbeat Q3 earnings, DASH reported better than expected Q3 sales, and MTB also posted better than expected quarterly results.

Portfolio Pulse from Lisa Levin

November 02, 2023 | 10:14 am