Streetbeat News

Insider Trading

AEY

GOVX

IVFH

SCOR

Insiders at comScore, GeoVax Labs, ADDvantage Technologies, and Innovative Food Holdings have recently acquired shares in their respective companies. comScore reported a narrower-than-expected Q2 loss, while GeoVax Labs posted a wider-than-expected quarterly loss. ADDvantage Technologies reported a YoY decrease in Q2 financial results, and Innovative Food Holdings' Q2 revenue fell 8.2% YoY.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 1:08 pm

ANDE

CME

TJX

Insiders at TJX Companies, ON Semiconductor, Andersons, and CME Group have recently sold significant amounts of shares. While insider sales can sometimes indicate concern about a company's prospects, they can also be part of a preplanned sale. All four companies have reported positive financial results in their recent quarters.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 12:12 pm

OEC

WLKP

Insider trades were noted in Energy Transfer LP (ET), Orion S.A. (OEC), and Westlake Chemical Partners LP (WLKP). ET's Executive Chairman acquired 3 million shares for around $38.89 million, following a merger agreement with Crestwood Equity Partners. OEC's CEO bought 15,000 shares for around $323,850 after reporting upbeat Q2 earnings. WLKP's SVP bought 5,000 shares for around $110,410 after posting downbeat quarterly earnings.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 11:24 am

AAOI

Applied Optoelectronics' President and CEO, Lin Chih-Hsiang, has purchased 20,000 shares of the company at an average price of $12.38 per share, according to a Form4 filing. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:46 pm

AMZN

DIS

KHC

META

MPW

ODFL

SCU

TSLA

WMT

Meta Platforms is preparing to launch a desktop version of Threads to compete with Elon Musk's X. Amazon has restarted its external shipping service, challenging FedEx and UPS. High-profile investors have presented a competing bid for Sculptor Capital Management. Kraft Heinz plans to offer Lunchables to school cafeterias. Medical Properties Trust's deal with Prospect Medical Holdings is on hold. Tesla has suffered a data breach affecting over 75,000 people. Old Dominion Freight Line has offered $1.5 billion to acquire Yellow Corp's terminals. General Motors' Cruise is under investigation after a collision. DuPont is in talks to sell its Delrin resins unit. Disney is in a legal battle with Florida Governor Ron DeSantis. Goldman Sachs faces potential lawsuits over the 1MDB scandal. Citigroup is considering splitting its largest division. Walmart and Centric Brands are examining their Cambodian supply chains. US Steel denies union veto rights in company sale.

Portfolio Pulse from Vandana Singh

August 21, 2023 | 3:17 pm

CROX

HHC

Insider trading has been observed in three US-listed companies: Impinj, Inc. (NASDAQ:PI), The Howard Hughes Corporation (NYSE:HHC), and Crocs, Inc. (NASDAQ:CROX). Impinj's director acquired shares worth $11.44 million following the company's positive Q2 results. Howard Hughes' director purchased shares worth $1.22 million despite the company reporting a larger than expected Q2 loss. Crocs' director bought shares worth around $200,016 after the company reported an 11.2% YoY sales growth in Q2 FY23.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 1:01 pm

DELL

GPN

META

QCOM

Insiders at Meta Platforms, Dell Technologies, Global Payments, and Qualcomm have recently sold significant amounts of shares. This could indicate concerns about the companies' prospects or that the insiders view the stocks as overpriced. However, insider sales should not be the sole indicator for investment decisions. Meta is launching a web version of its Threads app, Dell is ramping up its AI server builds, Global Payments reported strong Q2 earnings and raised its FY23 guidance, and Qualcomm is required to secure EU antitrust consent for its acquisition of Autotalks.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 12:31 pm

OSS

RWLK

SSKN

THMG

Insiders at four penny stocks have recently made notable purchases. One Stop Systems (OSS) CEO Michael Knowles acquired 1,130 shares at an average price of $1.80. Thunder Mountain Gold (THMG) CEO Eric T Jones bought 40,000 shares at an average price of $0.05. ReWalk Robotics (RWLK) Director Jeff Dykan purchased 25,000 shares at an average price of $0.61. STRATA Skin Sciences (SSKN) 10% owner Aron English acquired 1,853,056 shares at an average price of $0.55.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 11:28 am

AAOI

Applied Optoelectronics' President and CEO, Lin Chih-Hsiang (Thompson), has purchased 20,000 shares of the company at an average price of $12.38 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 8:19 pm

Director Daniel Patrick Gibson of Sylebra Capital Ltd has purchased 190,569 shares of Impinj at an average price of $60.02 per share, according to a Form 4 filing.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 7:56 pm