Streetbeat News

Insider Trading

FLL

SOL

TGEN

VAPO

Insiders at Emeren Group Ltd (NYSE:SOL), Tecogen Inc. (OTC:TGEN), Full House Resorts, Inc. (NASDAQ:FLL), and Vapotherm, Inc. (NYSE:VAPO) have recently acquired shares in their respective companies. Emeren Group and Vapotherm posted positive Q2 results, while Tecogen reported a net loss and Full House Resorts posted a loss for the same period.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 5:58 pm

BOWL

Bowlero Corp's CFO, Robert Lavan, has purchased 10,000 shares of the company at $9.95 per share, according to an SEC Form4 filing.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:41 pm

MCK

MDB

QCOM

Insiders at Blackstone Inc. (BX), MongoDB, Inc. (MDB), McKesson Corporation (MCK), and QUALCOMM Incorporated (QCOM) have recently sold shares. While insider sales can indicate concern about a company's prospects or overpricing, they should not be the sole indicator for investment decisions. Blackstone recently sold Simply Self Storage to Public Storage for $2.2 billion. MongoDB reported better-than-expected Q2 results and issued FY24 guidance above estimates. McKesson posted upbeat quarterly results. Wells Fargo maintained Qualcomm with an Underweight and raised the price target from $95 to $100.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 4:44 pm

FLWS

FNKO

Insiders at 1-800-FLOWERS.COM, Inc. (FLWS), Funko, Inc. (FNKO), and Foot Locker, Inc. (FL) have recently purchased shares in their respective companies. 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 12, 2023 | 4:26 pm

GME

GameStop Corporation (NYSE:GME) shares have been volatile, with the stock down nearly 14% over the last month. However, recent SEC filings reveal two large stock purchases by GameStop insiders. Board member Lawrence Cheng purchased 6,000 shares, and director Alain Attal bought 15,000 shares. The stock is up 3% at $17.53 at the time of publication.

Portfolio Pulse from Erica Kollmann

September 12, 2023 | 4:05 pm

FLWS

Shares of 1-800-FLOWERS.COM are trading higher following the disclosure of stock purchases by the company's President and CFO.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:19 pm

ASPS

CDIO

RPID

Insiders at Rapid Micro Biosystems, Cardio Diagnostics Holdings, and Altisource Portfolio Solutions have recently purchased shares in their respective companies. Rapid Micro Biosystems' CFO acquired 10,000 shares following upbeat Q2 results. Cardio Diagnostics' CTO bought 18,251 shares as the company partnered with Ascension Borgess Hospital on a coronary artery disease study. Altisource Portfolio Solutions' CEO and Chairman purchased 41,667 shares as the company priced its underwritten public offering of 4.8 million shares.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 1:10 pm

LSCC

MRCY

NVTS

VINE

Insiders at four companies, Navitas Semiconductor Corporation (NVTS), Lattice Semiconductor Corporation (LSCC), Mercury Systems, Inc. (MRCY), and Fresh Vine Wine, Inc. (VINE), have recently sold shares. NVTS and LSCC reported better-than-expected Q2 results, while MRCY reported worse-than-expected Q4 results and issued lower FY24 guidance. VINE is exploring strategic opportunities to maximize shareholder value.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 12:15 pm

BHRB

MLYS

THS

Insider trades were noted in TreeHouse Foods, Inc. (NYSE:THS), Burke & Herbert Financial Services Corp. (NASDAQ:BHRB), and Mineralys Therapeutics, Inc. (NASDAQ:MLYS). Jana Partners LLC, a director at TreeHouse Foods, acquired 112,275 shares at an average price of $44.53, costing around $5 million. Mark G. Anderson, a director at Burke & Herbert Financial Services, acquired 2,400 shares at an average price of $50.00, costing around $120,000. Jon Congleton, CEO of Mineralys Therapeutics, bought 2,250 shares at an average price of $12.08, costing around $27,180.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 10:38 am

BBBY

JPM

NVDA

TSLA

JPMorgan is reportedly working on a blockchain payment system, which has led to a spike in Bitcoin, Ethereum, and Dogecoin. Tesla's Supercharger network has expanded to 50,000 stations worldwide. NVIDIA and Reliance Industries are collaborating to create AI infrastructure. Goldman Sachs is planning further workforce reductions after earlier layoffs. Ryan Cohen is reportedly under SEC investigation over his trades in Bed Bath & Beyond.

Portfolio Pulse from Akanksha Bakshi

September 08, 2023 | 1:34 pm