Streetbeat News

Insider Trading

BKE

HZO

PAYC

WDAY

Insider sales were reported for Workday, Buckle, Paycom Software, and MarineMax. These sales may indicate concerns about company prospects or stock overvaluation. Workday and Buckle reported strong financial results, while Paycom posted upbeat earnings. MarineMax received an analyst upgrade.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 11:59 am

LUV

Southwest Airlines' board has reaffirmed its support for CEO Bob Jordan. Six directors will retire in November, and four new independent directors will be appointed, potentially including candidates proposed by Elliott Management.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:30 am

RDZN

SST

Insider buying activity has been observed in three penny stocks: Roadzen, System1, and Nanophase Technologies. This could indicate confidence in these companies' prospects. Roadzen reported a quarterly loss, System1 posted strong earnings, and Nanophase saw increased sales.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 11:28 am

OKYO

OKYO Pharma's Executive Chairman, Gabriele Cerrone, has increased his stake in the company by purchasing an additional 50,000 shares on NASDAQ at $1.03 each. This acquisition raises his total ownership to 29.12% of the company's issued share capital.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:05 am

C

Jim Lebenthal announced on CNBC that he has increased his holdings in Citigroup, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 4:35 pm

CNTM

RVP

STIM

Insider buying activity was noted in three penny stocks: Neuronetics, ConnectM Technology Solutions, and Retractable Technologies. Despite recent financial challenges, executives are purchasing shares, indicating potential confidence in their companies' futures.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 1:13 pm

BJRI

DOMO

PAHC

Insider purchases were made in Domo, Phibro Animal Health, and BJ's Restaurants, indicating potential confidence in these companies. Domo's CFO bought 10,000 shares following strong earnings, Phibro's Director acquired 5,000 shares after positive results, and BJ's Interim CEO purchased 2,500 shares amid leadership changes.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 12:43 pm

QNRX

Quoin Pharmaceuticals' CEO and COO have made significant insider purchases of the company's ADSs, indicating strong confidence in the company's growth and direction. This move suggests a positive outlook for Quoin's future as it focuses on treatments for rare and orphan diseases.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 12:40 pm

FLR

MCK

MSFT

NWSA

The article discusses recent insider sales by executives at Microsoft, McKesson, News Corporation, and Fluor. Insider sales can indicate concerns about a company's prospects or stock overvaluation. Notable sales include Microsoft's CFO selling $15.6 million worth of shares, McKesson's CEO selling $2.11 million, News Corporation's CTO selling $269,626, and Fluor's CFO selling $1.46 million.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 11:47 am

SHOP

Shopify CEO Tobias Lütke has adopted an automatic securities disposition plan (ASDP) to sell up to 2,564,964 Class A shares by December 31, 2025. The plan allows for pre-arranged sales starting September 17, 2024, exempt from Canadian prospectus requirements.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:23 pm