Streetbeat News

Insider Trading

CUTR

Cutera's CEO Taylor Harris and Interim CFO Stuart Drummond have purchased 30,000 and 5,000 shares respectively, at average prices of $9.91 and $9.80. This has led to an increase in Cutera's share price.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 2:32 pm

ASAN

LYFT

MDRR

PODD

Insiders at Asana, Medalist Diversified REIT, Lyft, and Insulet have recently made notable purchases of their companies' stocks. Asana's CEO acquired 160,000 shares, Medalist Diversified REIT's Director bought 4,826 shares, Lyft's Director purchased 96,900 shares, and Insulet's CEO bought 5,550 shares. These purchases may indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 1:28 pm

KMB

LOW

ROST

Insiders at Electronic Arts (EA), Lowe's Companies (LOW), Ross Stores (ROST), and Kimberly-Clark (KMB) have recently sold shares. EA's CEO sold 5,000 shares after the company reported better-than-expected earnings and net bookings. Lowe's EVP sold 4,500 shares following the company's better-than-expected Q2 earnings. Ross Stores' CEO sold 43,254 shares after the company reported better-than-expected Q2 results. Kimberly-Clark's Chief Human Resources Officer sold 5,122 shares after the company reported Q2 sales growth of 1% YoY, missing analyst estimates.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 12:54 pm

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