Streetbeat News

Insider Trading

CAT

Steve Weiss announced on CNBC that he has purchased shares of Caterpillar. This public disclosure could influence investor sentiment and potentially impact Caterpillar's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 4:21 pm

XPEV

XPeng Inc (NYSE:XPEV) saw its stock rise over 5% in premarket trading after CEO Xiaopeng acquired over 2 million shares, signaling confidence in the company's growth. Despite a 60.2% year-on-year revenue increase, XPeng missed analyst estimates. The stock has dropped 62% over the past year due to weak demand and tariffs.

Portfolio Pulse from Anusuya Lahiri

August 26, 2024 | 1:00 pm

CPNG

FAT

VFC

Insider trades reveal significant purchases in Coupang, V.F. Corporation, and FAT Brands, indicating potential confidence in these companies. Coupang's director bought $6.9M worth of shares after a profitable quarter, V.F. Corporation's director invested $250,500 following strong financial results, and FAT Brands' director acquired shares despite recent downbeat results.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:47 pm

LAD

MA

MCD

PM

The article discusses recent insider sales of shares by executives at Lithia Motors, Philip Morris International, McDonald's, and Mastercard. Insider sales can indicate various factors, including preplanned sales or concerns about company prospects. Notably, Lithia Motors reported strong earnings, Philip Morris received an analyst price target increase, McDonald's had a price target raise, and Mastercard plans a workforce reduction.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:46 pm

AULT

SST

TXMD

Executives from System1, TherapeuticsMD, and Ault Alliance have recently purchased shares in their respective companies, indicating potential confidence in their prospects. System1 reported positive earnings, TherapeuticsMD posted a loss, and Ault Alliance declared a dividend.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 11:36 am

AVTX

BVF Partners L.P. has reported a 9.99% stake in Avalo Therapeutics as of August 13, 2024, according to a 13G SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:39 pm

ABNB

Wealthy investors are showing interest in Airbnb (NASDAQ:ABNB) with a mix of bullish and bearish options trades. A total of 17 unusual options trades were spotted, with a significant amount of money involved. The trades suggest a targeted price range of $110 to $180 for ABNB. The stock is currently trading at $117.07, up by 1.4%.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 6:16 pm

SOLV

Jenny Harrington announced on CNBC that she has sold her position in Solventum. This decision may influence investor sentiment towards Solventum, potentially impacting its stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:27 pm

SNAP

Snap Inc. (NYSE:SNAP) is facing a bearish outlook as its stock experiences a Death Cross, indicating potential downward movement. Despite launching new AR Spectacles, insider stock sales by executives have raised concerns. The stock has declined significantly, with technical indicators suggesting further bearish momentum.

Portfolio Pulse from Surbhi Jain

August 23, 2024 | 4:19 pm

GME

Wealthy investors are showing a bullish stance on GameStop (NYSE:GME) with significant options trades detected. The sentiment is split with 50% bullish and 25% bearish. The trading volume for GME is up by 0.54%, and the next earnings report is due in 12 days.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 3:30 pm