Streetbeat News

Insider Trading

GRIL

AGGIA FZ LLC has purchased 8,855,452 shares of Muscle Maker, Inc. at an average price of $3.12 per share, according to a Form 4 filing on July 14.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 6:52 pm

MSFT

NTAP

PNC

SPGI

Between Jan. 1, 2023, and July 18, 2023, Congress made a total of 6,090 trades across 1,447 individual stocks, accounting for a total volume of $288.02 million. The top five most traded stocks are Microsoft Corp (MSFT), NetApp Inc. (NTAP), Mastercard Inc (MA), S&P Global Inc (SPGI), and PNC Financial Services Group Inc (PNC). The top five politicians trading during the period include Ro Khanna, Michael McCaul, Daniel Sachs Goldman, Josh Gottheimer, and Tommy Tuberville.

Portfolio Pulse from AJ Fabino

July 18, 2023 | 5:23 pm

ASAN

CVGW

LGF-B

Insiders at Lions Gate Entertainment Corp. (LGF-B), Asana, Inc. (ASAN), and Calavo Growers, Inc. (CVGW) have recently made notable purchases of their companies' stocks. This could indicate their confidence in the companies' prospects. However, insider purchases should not be the sole indicator for making investment decisions.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 12:59 pm

DELL

MRVL

NDSN

Insiders at Dell Technologies, Marvell Technology, Unity Software, and Nordson Corporation 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.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 11:45 am

AIM

BFYW

BRGC

Insiders at AIM ImmunoTech Inc. (AIM), BrightRock Gold Corp. (BRGC), and Better For You Wellness, Inc. (BFYW) have recently purchased shares in their respective companies. AIM ImmunoTech has begun a Phase 2 study for post-COVID treatment, BrightRock Gold has completed hyperspectral field work at the Midnight Owl Lithium project, and Better For You Wellness is launching a new coffee collection at Kroger.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 11:18 am

RDI

Mark Cuban has reported an 11.0% passive stake in Reading International Inc (RDI) as of July 13, 2023, according to a 13G SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 6:28 pm

EFSH

MMLP

RCG

Insiders at Martin Midstream Partners L.P. (MMLP), RENN Fund, Inc. (RCG), and 1847 Holdings LLC (EFSH) have recently purchased shares in their respective companies. MMLP's CEO acquired 1082.52 shares at an average price of $2.12, RCG's CEO bought 419 shares at an average price of $1.83, and EFSH's 10% owner Strategic Risk LLC purchased 102,000 shares at an average price of $0.29. These transactions indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 1:15 pm

AULT

CVGW

LARK

Insiders at Calavo Growers, Inc. (NASDAQ:CVGW), Ault Alliance, Inc. (NYSE:AULT), and Landmark Bancorp, Inc. (NASDAQ:LARK) have recently made notable purchases of their companies' stocks. Calavo Growers' CEO acquired 75,000 shares, costing around $2.28 million, following worse-than-expected Q2 results and issued guidance. Ault Alliance's Executive Chairman bought 9,510 shares for around $147,345, as the company anticipates $200 million in annual revenue for 2023. Landmark Bancorp's Director purchased 2,723 shares for around $58,662, after the company reported an increase in Q1 EPS.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 12:16 pm

GIII

GOOG

HOOD

Insiders at General Motors, Alphabet, Robinhood Markets, and G-III Apparel Group have recently sold shares. General Motors' President sold 9,300 shares, Alphabet's Director sold 150,000 shares, Robinhood's Director sold 73,965 shares, and G-III Apparel's Director sold 10,904 shares. The reasons behind these sales are not clear, but they could be due to preplanned sales or concerns about the companies' prospects.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 10:23 am

DOGEUSD

TSLA

Elon Musk is facing a legal dispute with a group of Dogecoin investors who accuse him of defrauding investors while promoting Dogecoin. The attorney representing the plaintiffs alleges that Musk and his lawyer are using unlawful tactics to intimidate and discredit him and his clients. Musk faces a proposed $258 million class action lawsuit accusing him of insider trading and manipulating Dogecoin. The lawsuit also highlights Musk's April sale of approximately $124 million worth of Dogecoin.

Portfolio Pulse from Bibhu Pattnaik

July 15, 2023 | 2:51 pm