Streetbeat News

Insider Trading

CUE

INIS

KINS

Insiders at Kingstone Companies, Inc. (KINS), International Isotopes Inc. (INIS), and Cue Biopharma, Inc. (CUE) have recently purchased shares, indicating confidence in their respective companies. KINS posted a wider-than-expected quarterly loss, while INIS reported a revenue increase for the six months ended June 30, 2023, and CUE posted upbeat quarterly results.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 11:49 am

LYFT

Lyft Inc's lead independent director, Prashant 'Sean' Aggarwal, has purchased 96,900 shares at an average price of $10.34 per share, totaling over $1 million. This insider purchase comes after Lyft's Q2 earnings report in early August, where it reported sales of $1.02 billion, a 3.05% increase over the same period last year. Lyft also issued guidance for Q3 revenue between $1.13 billion and $1.15 billion.

Portfolio Pulse from AJ Fabino

August 29, 2023 | 9:25 pm

LYFT

Lyft's Form 4 filing reveals that Prashant Aggarwal has purchased 96,900 shares of the company.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:21 pm

NAT

Herbjorn Hansson, the Founder, Chairman & CEO of Nordic American Tankers Ltd (NAT), has purchased 50,000 shares in NAT at a price of $4.08 per share. His total holdings now amount to 4,250,659 shares. His son, Alexander Hansson, a board member in NAT, owns 2,150,000 shares. The Hansson family remains the largest private shareholder group in the company.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 1:51 pm

DBVT

RWLK

STXS

VNRX

Insiders at four penny stocks, ReWalk Robotics Ltd. (RWLK), VolitionRx Limited (VNRX), DBV Technologies S.A. (DBVT), and Stereotaxis, Inc. (STXS), have recently made significant purchases. This could indicate their confidence in the companies' prospects. RWLK recently closed an acquisition of AlterG, Inc. VNRX reported cash and cash equivalents of around $19.7 million as of June 30, 2023. DBVT closed the second quarter with a cash balance of $174 million. STXS reported a 28% revenue growth in the second quarter.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 1:22 pm

ANDE

BMY

COIN

SLB

Insider sales were reported at Bristol-Myers Squibb (BMY), Schlumberger (SLB), Coinbase Global (COIN), and The Andersons (ANDE). These sales could indicate concerns about the companies' prospects or overpricing of the stocks. BMY's Reblozyl was approved by the FDA for initial anemia treatment. SLB secured a five-year contract from Petrobras. COIN acquired an equity stake in Circle, the co-founder of the USD Coin. ANDE announced a Q4 2023 cash dividend.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 12:32 pm

ACRS

FNKO

FRPT

Insiders have recently purchased shares in Funko, Inc. (FNKO), Freshpet, Inc. (FRPT), and Aclaris Therapeutics, Inc. (ACRS). 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

August 29, 2023 | 11:21 am

CRVO

AI EIPP Holdings LLC has reported a 9.99% passive stake in Cervomed Inc. as of August 16, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 8:08 pm

NRDY

Raymond James has reinstated coverage on Nerdy Inc. with an Outperform rating, leading to a rise in the company's stock. The CEO of Nerdy Inc. has also recently disclosed stock purchases.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 2:24 pm

KINS

LVLU

RWLK

Insiders at Lulu's Fashion Lounge Holdings, Kingstone Companies, and ReWalk Robotics have been aggressively buying shares, despite the companies posting downbeat quarterly results. The purchases indicate their confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 12:52 pm