Streetbeat News

Insider Trading

NVDA

NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Paul Pelosi recently bought 10,000 shares of NVIDIA, valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161%. Despite the buzz, NVIDIA offers a modest annual dividend yield of 0.03%. To earn $500 monthly from dividends, an investor would need approximately $19,242,000 invested in NVIDIA shares.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

ACHR

AGAE

TPST

Insiders are aggressively buying shares of Allied Gaming & Entertainment, Archer Aviation, and Tempest Therapeutics. Notable transactions include a $55 million investment in Archer Aviation by SFS UK 1 LTD, a $456,750 purchase in Allied Gaming & Entertainment by Knighted Pastures LLC, and a $9,951 purchase in Tempest Therapeutics by Chief Medical Officer Samuel Whiting.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

SNN

Smith & Nephew's Form 6-K filing reveals that Cevian Capital II GP Limited has reported a 5.021046% stake in the company, corresponding to 43,901,527 voting rights.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

CTRN

RMAX

TLYS

Insiders have recently purchased shares in Citi Trends, RE/MAX Holdings, and Tilly's, indicating confidence in these companies. Notable purchases include 116,675 shares of Tilly's, 26,522 shares of RE/MAX Holdings, and 24,000 shares of Citi Trends.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm

AMZN

FFIV

KTOS

SFM

The Nasdaq 100 closed higher by around 175 points on Wednesday. Notable insider sales were observed in Amazon, F5, Kratos Defense & Security Solutions, and Sprouts Farmers Market. Insider sales can indicate concerns about a company's prospects or that the stock is overpriced. Sprouts Farmers Market will issue its Q2 financial results on July 29. Benchmark analyst reiterated a Buy rating for Kratos Defense & Security. F5 posted upbeat quarterly earnings on April 29. Amazon secured a $2 billion deal with Australia's intelligence data migration to AWS.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm

NVDA

TSLA

Former House Speaker Nancy Pelosi sold 2,500 Tesla shares on June 24, potentially missing out on a 35% rally in the stock. Tesla's stock has surged due to positive expectations and above-consensus deliveries. Pelosi's trades, often scrutinized due to her insider information, may not have been as successful this time. However, her investments in Nvidia may keep her portfolio strong.

Portfolio Pulse from Shanthi Rexaline

July 05, 2024 | 3:01 pm

AVGO

KOSS

NIO

NVDA

TSLA

On Wednesday, major U.S. indices showed mixed performance. Nvidia, Koss Corp, Broadcom, Nio, and Tesla were the top stocks gaining attention. Nvidia's stock rose after its CEO sold shares, Koss surged due to meme stock speculation, Broadcom increased following Nancy Pelosi's call options purchase, Nio climbed amid strong Chinese market performance, and Tesla rose on above-consensus deliveries.

Portfolio Pulse from Benzinga Neuro

July 05, 2024 | 2:59 pm

NVDA

NVIDIA shares are trading higher due to strength in chip stocks and a recent purchase by Nancy Pelosi.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 4:17 pm

AVGO

Broadcom Inc (NASDAQ:AVGO) shares are rising after Nancy Pelosi disclosed purchasing call options in the company. The stock is trending on social platforms and trading on high volume. Dave Portnoy also announced buying $1 million worth of Broadcom stock.

Portfolio Pulse from Adam Eckert

July 03, 2024 | 4:10 pm

AMZN

Jeff Bezos plans to sell $5 billion worth of Amazon stock, which could impact the stock's short-term price due to increased supply and potential investor concerns.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 2:58 pm