Streetbeat News

Insider Trading

BGS

PAYC

Insider sales were reported for B&G Foods, Zillow Group, and Paycom Software. These sales may indicate concerns about company prospects or stock overvaluation. B&G Foods recently posted downbeat earnings, while Paycom Software had upbeat earnings. Zillow Group made a new executive hire.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 12:07 pm

CECO

ESTC

USPH

The article highlights notable insider trades in three companies: Elastic, U.S. Physical Therapy, and CECO Environmental. Insider purchases can indicate confidence in a company's prospects. Elastic's director bought $1.48M worth of shares after strong earnings. U.S. Physical Therapy's director purchased shares despite downbeat earnings. CECO Environmental's director and CEO made significant purchases following a revenue guidance increase.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 11:34 am

AVGO

NVDA

Broadcom Inc. (NASDAQ:AVGO) shares are down as the company prepares to report its Q3 earnings. Analysts expect an EPS of $1.20 and revenue of $12.96 billion. The stock is also influenced by Nancy Pelosi's investment and the semiconductor sector's pressure, notably from Nvidia's sell-off. Technical analysis suggests a potential bullish reversal.

Portfolio Pulse from Vaishali Prayag

September 03, 2024 | 4:31 pm

APEI

BEN

INBX

OLED

The article highlights notable insider trades in four companies: American Public Education, Inhibrx Biosciences, Franklin Resources, and Universal Display. Insider purchases can indicate confidence in a company's prospects. Franklin Resources saw a significant purchase by a 10% owner, while other companies also had insider buying despite mixed financial results.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 12:28 pm

BAC

BBW

VSEC

WSM

The article highlights recent insider sales in four companies: Williams-Sonoma, Bank of America, Build-A-Bear Workshop, and VSE Corp. Insider sales can indicate concerns about a company's prospects or that the stock is overpriced. Notable sales include Williams-Sonoma's EVP selling shares after strong earnings, Warren Buffett selling a large stake in Bank of America, Build-A-Bear's CFO selling shares after positive financial results, and a major sale by a VSE Corp owner following a CFO appointment.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 11:57 am

BFLY

CTM

HYFM

STIM

Executives from Butterfly Network, Hydrofarm Holdings Group, Neuronetics, and Castellum have been buying shares of their respective companies, indicating potential confidence in their prospects. These insider transactions could be a factor for investors considering penny stocks.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 10:54 am

AMBA

BILL

BOX

GGAL

SMTC

Several mid-cap stocks, including Semtech, Ambarella, and Box, saw significant gains last week due to positive financial results and analyst upgrades. These stocks experienced price target increases and insider share purchases, contributing to their strong performance.

Portfolio Pulse from Lekha Gupta

September 02, 2024 | 2:55 pm

RIVN

TSLA

Ross Gerber, a former Tesla bull, has become critical of the company due to Elon Musk's behavior and Tesla's performance. Gerber has reduced his stake in Tesla and set a six-month deadline for improvement. He sees Tesla as overvalued and is considering exiting his position if performance doesn't improve.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 5:01 am

DJT

Insiders at Trump Media & Technology Group's Truth Social are selling shares, raising concerns about the company's future. The stock, trading under NASDAQ:DJT, has dropped significantly since its initial valuation. Donald Trump, holding a large stake, is unable to sell until September 25 due to a lock-up period. The company's financial struggles and insider sales could lead to further stock instability.

Portfolio Pulse from Bibhu Pattnaik

August 31, 2024 | 7:48 pm

FCUV

Focus Universal Inc. (NASDAQ:FCUV) shares surged after CEO Desheng Wang purchased 302,100 shares at 18 cents each, as revealed in an SEC filing. The stock saw heavy trading volume, significantly above its 100-day average. Earlier, the company announced a new SEC financial reporting software.

Portfolio Pulse from Erica Kollmann

August 30, 2024 | 4:53 pm