Streetbeat News

Insider Trading

PFSW

Beryl Capital Management LLC has increased its stake in PFSweb to 9.9%, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 8:20 pm

TTOO

T2 Biosystems, Inc. (NASDAQ:TTOO) shares are trading lower, with a drop of over 50% in the last five days. This follows a large insider sale of TTOO shares by CR Group, L.P., who sold more than 10 million shares at $0.366 per share. Despite the FDA clearing the company's biothreat panel for commercial distribution, the stock has attracted attention from retail investors and short-sellers.

Portfolio Pulse from Erica Kollmann

September 25, 2023 | 4:47 pm

AAPL

AMZN

BIIB

DLAKY

GOOG

NVS

PFE

RNAZ

TSN

WMT

Several significant business events have occurred. Ford of Canada has reached a collective agreement with Unifor union, including wage increases and pension improvements. Amazon has invested $4 billion in AI startup Anthropic. PhonePe, backed by Walmart, has launched the Indus AppStore Developer Platform to challenge Google's dominance in India. Goodyear plans to redefine its operational presence in the Asia Pacific region. Pfizer's RSVpreF vaccine has been recommended by the CDC for pregnant people. Mercedes Benz has partnered with Mastercard to introduce in-car digital payments. Novartis plans to spin-off the Sandoz business. Eisai and Biogen's Alzheimer treatment Leqembi has been approved in Japan. Alcoa has appointed William F. Oplinger as President and CEO. TransCode Therapeutics' stock is trading higher after positive results with its therapeutic candidate, TTX-MC138. Tyson Foods and Perdue Farms are under investigation over alleged child labor violations. OpenAI has unveiled a new feature for its ChatGPT application, enabling verbal responses. Apple's iOS 17 update allows users to opt for a search engine other than Google. Austrian Airlines faced backlash for making inaccurate environmental claims.

Portfolio Pulse from Vandana Singh

September 25, 2023 | 2:58 pm

DFCO

OXBR

VANI

Insiders at Vivani Medical, Dalrada Financial, and Oxbridge Re Holdings have recently purchased shares in their respective companies. Vivani Medical's Director acquired 21,426 shares at an average price of $0.92, Dalrada Financial's CEO bought 10,500 shares at an average price of $0.19, and Oxbridge Re Holdings' 10% owner purchased 100,000 shares at an average price of $1.10.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 1:16 pm

AMZN

BBY

CRM

HPQ

Insiders at HP Inc. (HPQ), Amazon.com Inc. (AMZN), Best Buy Co., Inc. (BBY), and Salesforce, Inc. (CRM) have recently sold significant amounts of shares. HP's 10% owner Warren E. Buffett sold shares worth around $129.21 million, Amazon's CEO of Web Services Adam Selipsky sold shares worth around $135,140, Best Buy's Todd Hartman sold shares worth around $907,317, and Salesforce's Chair and CEO Marc Benioff sold shares worth around $3.14 million.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:32 pm

MEI

STAA

Insiders have recently purchased shares in STAAR Surgical Company (STAA), Blackstone Inc. (BX), Hyatt Hotels Corporation (H), and Methode Electronics, Inc. (MEI). This could indicate confidence in the companies' prospects or that the insiders view the stocks as bargains. However, insider purchases should not be the sole indicator for making investment or trading decisions.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:01 pm

HPK

HighPeak Energy's CEO Jack Hightower and the company's President have acquired a total of 500,000 shares at an average price of $16.57, leading to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 2:29 pm

CDZI

EOSE

FLNT

NUVB

Insiders at four companies have recently made significant purchases of their own stocks. Eos Energy Enterprises CEO Joe Mastrangelo bought 36,500 shares at an average price of $2.05. Cadiz Inc. Executive Director Susan Kennedy acquired 15,822 shares at an average price of $3.17. Fluent, Inc. 10% owner Frost Gamma Investments Trust bought 100,000 shares at an average price of $0.46. Nuvation Bio Inc. Director Biotech Opportunity GP, LLC purchased 5,313,100 shares at an average price of $1.26.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 12:44 pm

BSX

EBAY

TTD

Insiders at Zoom Video Communications, The Trade Desk, eBay, and Boston Scientific have recently sold shares. This could indicate concern in the company’s prospects or that they view the stock as overpriced. However, insider sales should not be the only indicator for making an investment or trading decision.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 11:46 am

HPK

REPX

STAA

Insider trades were noted in three US-listed companies: Riley Exploration Permian, Inc. (REPX), HighPeak Energy, Inc. (HPK), and STAAR Surgical Company (STAA). REPX's 10% owner Balmon California Inc acquired 100,000 shares for around $3.02 million, following the company's downbeat quarterly earnings. HPK's CEO Jack Hightower and the company's President bought a total of 500,000 shares for around $8.28 million, as the company reported steady third-quarter production. STAA's 10% owner Neal Bradsher bought 291,383 shares for around $11.69 million, after the company's second-quarter sales missed consensus estimates.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 10:21 am