Streetbeat News

Insider Trading

BRST

HOOK

SWAG

TMRC

Insiders at Broad Street Realty, Inc. (OTC:BRST), Stran & Company, Inc. (NASDAQ:SWAG), HOOKIPA Pharma Inc. (NASDAQ:HOOK), and Texas Mineral Resources Corp. (OTC:TMRC) have been aggressively buying shares of their respective companies. This could indicate their confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

July 05, 2023 | 11:19 am

ASAN

MAX

RCUS

Insider trades were noted in three US stocks: MediaAlpha, Inc. (MAX), Arcus Biosciences, Inc. (RCUS), and Asana, Inc. (ASAN). MediaAlpha's 10% owner WM Hinson Bermuda Ltd acquired 5,916,816 shares at an average price of $10.00, costing around $59.17 million. Arcus Biosciences' 10% owner Gilead Sciences Inc Pierce Norton acquired 1,010,000 shares at an average price of $19.26, costing around $19.45 million. Asana's President, CEO and Chairman Dustin Moskovitz bought 160,000 shares at an average price of $22.57, costing around $3.61 million.

Portfolio Pulse from Lisa Levin

July 03, 2023 | 1:23 pm

DASH

KMX

MRNA

WMT

Insiders at Moderna, Inc. (MRNA), DoorDash, Inc. (DASH), CarMax, Inc. (KMX), and Walmart Inc. (WMT) have recently sold shares. Moderna submitted a regulatory application to the European Medicines Agency for an updated COVID-19 vaccine. DoorDash is offering more choices for consumers and Dashers at roughly the same cost. CarMax reported better-than-expected Q1 EPS and sales results. Real Good Food Company is expanding its Breaded Chicken and Asian Entrees platforms into Walmart stores nationwide.

Portfolio Pulse from Lisa Levin

July 03, 2023 | 12:16 pm

DWAC

Digital World Acquisition Corp. (NASDAQ:DWAC), the SPAC set to merge with Donald Trump’s Truth Social platform, saw gains in premarket trading on Monday. The uptick comes as rival social media platform Twitter faced backlash for limiting unregistered users’ access to tweets, creating an opportunity for Truth Social to attract disgruntled users. However, Digital World faces regulatory scrutiny and challenges in finalizing its merger with Truth Social, with recent insider trading allegations adding to its troubles.

Portfolio Pulse from Shanthi Rexaline

July 03, 2023 | 11:38 am

AEI

CCLP

OCEL

Insiders at CSI Compressco LP (CCLP), Organicell Regenerative Medicine, Inc. (OCEL), and Alset Inc. (AEI) have been aggressively buying shares of their respective companies. This could indicate their confidence in the companies' prospects. CSI Compressco recently posted a narrower quarterly loss, Organicell Regenerative Medicine appointed a new Executive Vice President and Chief Science Officer, and Alset's stock dropped 14% over the past month.

Portfolio Pulse from Lisa Levin

July 03, 2023 | 11:08 am

PHM

PulteGroup, Inc (NYSE:PHM) is facing internal disputes and public scrutiny due to allegations of poor governance and management issues. CEO Ryan Marshall is accused of abusing shareholder funds and participating in a harassment campaign against Bill Pulte and the Pulte family. Marshall's recent sale of 100,000 shares worth over $6.4 million has also raised concerns. The Pulte family has purchased the same amount of shares that Marshall sold. Additionally, PulteGroup is facing legal issues, being sued by three former employees for fostering a hostile work environment and engaging in racial discrimination.

Portfolio Pulse from AJ Fabino

July 01, 2023 | 7:20 pm

ABNB

COST

PINS

YELP

Insiders at Pinterest, Costco, Airbnb, and Yelp have recently sold significant amounts of shares. Pinterest's former CFO sold 60,705 shares, Costco's director sold 1,565 shares, Airbnb's director sold 516,667 shares, and Yelp's COO sold 6,000 shares. These sales 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

June 30, 2023 | 1:33 pm

BDTX

LARK

OKE

Insider trading has been observed in three US-listed companies: Black Diamond Therapeutics, Inc. (NASDAQ:BDTX), ONEOK, Inc. (NYSE:OKE), and Landmark Bancorp, Inc. (NASDAQ:LARK). BB Biotech AG, a 10% owner of BDTX, acquired 1,740,000 shares for around $9.56 million. ONEOK's President and CEO, Pierce Norton, acquired 24,607 shares for around $1.5 million. Director Jim Lewis of LARK bought 1,427 shares for around $30,793.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 12:25 pm

PASG

TRSSF

VRME

Insiders at Passage Bio, Inc. (NASDAQ:PASG), TerrAscend Corp. (OTC:TRSSF), and VerifyMe, Inc. (NASDAQ:VRME) have recently made significant share purchases. Passage Bio's 10% owner OrbiMed Capital GP VII LLC acquired over 1.1 million shares, despite the company posting a wider-than-expected quarterly loss. TerrAscend's Director Jason Wild bought 800,002 shares following the company's acquisition of Derby 1, LLC. VerifyMe's CEO Adam Stedham purchased 10,000 shares after the company reported mixed first-quarter financial results.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 11:46 am

BDTX

Black Diamond Therapeutics (BDTX) has reported in a Form4 filing that BIOTECH GROWTH N V has purchased 1.74 million shares at an average price of $5.49 per share.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 5:41 pm