Streetbeat News

Insider Trading

ETRN

A mystery trader has made significant gains on an options bet related to the approval of a 300-mile natural gas pipeline as part of the US debt ceiling agreement. The bet involved 100,000 call options on Equitrans Midstream Corp (NYSE:ETRN), the company involved in the Mountain Valley Pipeline. The trade has raised insider trading concerns due to its timing.

Portfolio Pulse from Bhavik Nair

June 05, 2023 | 6:06 am

ALGN

DRVN

Zacks Insider Trader has reportedly purchased stock in Driven Brands (DRVN) and Align Technology (ALGN).

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 4:21 pm

VZ

Virginia Representative Jennifer McClellan sold Verizon Communications (NYSE:VZ) stock valued between $50,001 and $100,000 on June 1, 2023, according to a recent report. Verizon shares are trading down 5.42% at $33.78.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 3:05 pm

CLRO

ClearOne's Director Lisa Higley purchased 10,000 shares at an average price of $1.10/share, according to a recent Form4 SEC filing.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 2:36 pm

EVBG

GO

MTCH

Insiders at Grocery Outlet Holding Corp. (GO), Match Group, Inc. (MTCH), and Everbridge, Inc. (EVBG) have recently made notable stock purchases, signaling confidence in their respective companies. Grocery Outlet posted better-than-expected quarterly earnings, Match Group reported a 5% increase in first-quarter EPS, and Everbridge saw an 8% revenue growth in the first quarter of FY23.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 1:13 pm

TSLA

Tesla CEO Elon Musk faces a proposed $258 million class action lawsuit accusing him of insider trading and manipulating Dogecoin. Investors allege that Musk used tactics such as Twitter posts, paid influencers, and his appearance on SNL to profit from Dogecoin at their expense.

Portfolio Pulse from Ramakrishnan M

June 02, 2023 | 12:47 pm

EA

G

J

NVDA

Insiders at Electronic Arts (EA), Jacobs Solutions (J), NVIDIA (NVDA), and Genpact (G) have recently sold shares, signaling potential concerns about the companies' prospects or overpriced stocks. This may present an opportunity to go short on these stocks.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 12:06 pm

CRON

DHC

RAIN

VACC

Insiders have recently made significant purchases in four penny stocks: Diversified Healthcare Trust (DHC), Rain Oncology (RAIN), Cronos Group (CRON), and Vaccitech (VACC). These transactions may indicate confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

June 02, 2023 | 11:17 am

INBS

Gary W. Rollins has reported a 12.3% stake in Intelligent Bio Solutions (INBS).

Portfolio Pulse from Charles Gross

June 01, 2023 | 9:32 pm

MTCH

Match Group's CEO purchased 31,439 shares of the company, according to a Form 4 filing, leading to an increase in the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 7:06 pm