Streetbeat News

Insider Trading

MVST

Microvast's shares have dropped after a Form4 filing revealed that Director Yanzhuan Zheng sold 313,009 shares at an average price of $2.02 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:24 pm

STEM

Stem Inc.'s stock price is rising after a company director disclosed the purchase of 62,000 shares.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:18 pm

AMPX

Amprius Technologies' stock is trading lower following a surge on Monday. The company's Chief Technology Officer has also disclosed the sale of 80,000 shares.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:16 pm

AMZN

GOOG

MSFT

TSM

Several major companies have made headlines. Amazon has hired Microsoft's Chief Product Officer, Panos Panay. Google is under scrutiny for allegedly manipulating ad auctions. Taiwan Semiconductor Manufacturing is planning to boost packaging capacity in Arizona. Microsoft has addressed a security incident involving sensitive information exposure on GitHub. Novo Nordisk has partnered with Aspen Pharmacare to produce insulin in South Africa. BeiGene has regained rights to its cancer drug from Novartis. Rocket Lab's 41st mission faced technical issues. The European Commission has approved ViiV Healthcare's HIV prevention drug. AutoZone's Q4 earnings exceeded estimates. BP has appointed Kate Thomson as interim CFO. MGM Resorts may lose out on casino licenses in NYC due to a scandal. Google and the Department of Defense are developing an AI-powered microscope. Apple faces threats from Huawei in China. Google's Bard AI chatbot is being integrated with Gmail, Google Docs, and YouTube. Starbucks is facing a lawsuit over its 'fruit' drinks.

Portfolio Pulse from Vandana Singh

September 19, 2023 | 2:01 pm

CING

OPTT

SBIG

VANI

Insiders at four penny stocks, SpringBig Holdings (OTC:SBIG), Ocean Power Technologies (NYSE:OPTT), Cingulate Inc. (NASDAQ:CING), and Vivani Medical (NASDAQ:VANI), have recently made notable purchases. This could indicate their confidence in the companies' prospects despite recent downbeat quarterly results and wider losses.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 12:49 pm

AMZN

MRNA

PINS

Insiders at Amazon, Electronic Arts, Pinterest, and Moderna have recently sold significant amounts of shares. Amazon's Senior Vice President sold 42,816 shares, Electronic Arts' Chief Legal Officer sold 1,000 shares, Pinterest's Chief People Officer sold 45,153 shares, and Moderna's President sold 15,000 shares. The reasons for these sales are not explicitly stated, but they could be due to a variety of factors, including personal financial planning or concerns about the company's prospects.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:45 am

ENPH

SMTC

UFI

Insiders at Enphase Energy, Semtech Corporation, and Unifi, Inc. have recently made notable purchases of their companies' stocks. Enphase Energy's director acquired 32,600 shares at an average price of $122.76, costing around $4 million. Semtech Corporation's director acquired 20,000 shares at an average price of $24.83, costing around $496,520. Unifi, Inc.'s director bought 7,800 shares at an average price of $7.01, costing around $54,690.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 10:47 am

SLQT

Selectquote's COO, William Grant III, has reported the purchase of 150,000 shares at an average price of $1.20 per share, according to a Form 4 filing on Monday.

Portfolio Pulse from Charles Gross

September 19, 2023 | 9:17 am

TSLA

In his upcoming biography, Elon Musk criticizes short-sellers, recalling a period in 2018 when Tesla was the most-shorted stock. He accuses them of having inside information and using drones for real-time monitoring of Tesla's factories. Despite the criticism and short-sellers, Tesla's stock has more than doubled this year and increased nearly ten-fold since 2020, taking the company's market capitalization above $850 billion.

Portfolio Pulse from Benzinga Neuro

September 19, 2023 | 6:33 am

IOVA

Iovance Biotherapeutics shares are trading higher after a Form4 filing revealed that Director Wayne Rothbaum purchased 5 million shares at an average price of $5.30 per share.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 7:35 pm