Streetbeat News

Insider Trading

NVDA

Nvidia Corp. CEO Jensen Huang has sold more shares of the company, with the cumulative sales over two days amounting to $26.90 million. This follows a sale of shares worth $42.83 billion a week earlier. Nvidia's stock has rallied over 211% year-to-date, largely due to its artificial intelligence opportunity. The company's H100 AI chips power most of the AI applications and software worldwide, and demand for the chips continues to rise.

Portfolio Pulse from Shanthi Rexaline

September 14, 2023 | 12:03 pm

GIII

HPQ

INTU

QCOM

Insiders at four major companies, namely QUALCOMM Incorporated (NASDAQ:QCOM), HP Inc. (NYSE:HPQ), G-III Apparel Group, Ltd. (NASDAQ:GIII), and Intuit Inc. (NASDAQ:INTU), have recently sold significant amounts of shares. The reasons for these sales are not explicitly stated, but they could be due to preplanned sales or concerns about the companies' prospects. It's important to note that insider sales should not be the sole indicator for making investment decisions.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 11:52 am

MODV

ROL

SMLR

Insider trading has been observed in three US-listed companies: ModivCare Inc. (MODV), Semler Scientific, Inc. (SMLR), and Rollins, Inc. (ROL). ModivCare's Director Adam Gray acquired 213,248 shares at an average price of $29.82, costing around $6.36 million. Semler Scientific's Director Eric Semler acquired 77,771 shares at an average price of $27.61, costing around $2.15 million. Rollins' Director Russell Paul Hardin bought 5,560 shares at an average price of $36.00, costing around $200,160.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 10:46 am

HPQ

Warren Buffett has reportedly sold 5,502,172 shares of HP at an average price of $28.81 per share, according to a Form 4 filing.

Portfolio Pulse from Charles Gross

September 14, 2023 | 9:33 am

FNKO

Kenneth Chan Hsiang-Tze, an insider at Funko, has reportedly purchased approximately 112.8K shares of the company at $7.04 per share, according to a Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:08 pm

ROAD

Senator Mark R Warner sold $250,001 - $500,000 of Construction Partners (NASDAQ:ROAD) stock on September 12, 2023, according to a Periodic Transaction Report. The stock is currently trading down 2.07% at $35.52. Congressional transactions can be an important factor for investors to consider, but they should not be the primary basis for investment decisions.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

BBLG

CRGE

PFHO

VANI

Insiders at four penny stocks have recently made notable purchases. Vivani Medical Inc's (NASDAQ:VANI) Director acquired 13,997 shares at an average price of $0.95, following a wider-than-expected quarterly loss. Pacific Health Care Organization, Inc. (OTC:PFHO) CEO and President bought 54,047 shares at an average price of $0.82, after the company reported net income of $176,427 for Q2 2023. Charge Enterprises, Inc. (NASDAQ:CRGE) Director purchased 44,000 shares at an average price of $0.48, following a change in leadership. Bone Biologics Corporation (NASDAQ:BBLG) CEO bought 9,500 shares at an average price of $0.69, after the company priced its public offering of 2.54 million shares at $1.97 per share.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 12:57 pm

GES

HRB

WDAY

Insiders at Guess?, Inc. (GES), Workday, Inc. (WDAY), The Southern Company (SO), and H&R Block, Inc. (HRB) 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 13, 2023 | 12:39 pm

ASAN

CULP

FIVE

SWX

Insider trades were noted in four US-listed companies: Asana, Inc. (ASAN), Southwest Gas Holdings, Inc. (SWX), Five Below, Inc. (FIVE), and Culp, Inc. (CULP). The trades indicate confidence in the companies' prospects and suggest potential investment opportunities. However, insider purchases should not be the sole indicator for investment decisions.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 11:06 am

BIOL

Edson Krefta has acquired a 6.8% stake in Biolase, according to a 13G SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 7:33 pm