Streetbeat News

Insider Trading

SBFM

Sunshine Biopharma (SBFM) is gaining attention as traders circulate news that Texas Congressman Roger Williams has disclosed a purchase in the company.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:56 pm

GME

GameStop Corp (NYSE:GME) shares are trading higher on Thursday after a significant drop on Wednesday. The volatility is largely attributed to trader Keith Gill, also known as 'Roaring Kitty,' who has a substantial position in GameStop and has recently returned to social media. Reports suggest Gill may be selling some of his call options, which has led to increased trading activity and speculation.

Portfolio Pulse from Adam Eckert

June 13, 2024 | 1:47 pm

ASRT

KRON

The article discusses recent insider transactions in penny stocks, highlighting purchases by executives at Kronos Bio, Assertio Holdings, and Nanophase Technologies. These transactions may indicate confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 1:10 pm

DINO

OEC

OXY

Insiders have made significant purchases in Occidental Petroleum, Orion S.A., and HF Sinclair, indicating confidence in these companies' prospects. Warren Buffett acquired $105.6 million worth of Occidental Petroleum shares, while senior executives at Orion and HF Sinclair also made notable buys.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 12:58 pm

DBX

ETSY

GOOG

GOOGL

THC

The article discusses notable insider sales for Alphabet, Dropbox, Etsy, and Tenet Healthcare. Insider sales can indicate various factors, including preplanned sales or concerns about the company's prospects. The article provides details on the recent sales and the context for each company.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 12:16 pm

GME

GameStop Corp. (NYSE:GME) experienced significant volatility with a surge in call options trading, potentially driven by Keith Gill, aka 'Roaring Kitty.' Equity-derivatives strategist David Boole analyzed the activity, suggesting Gill might have sold a large portion of his position, impacting the stock. GameStop has also been raising capital through share offerings, and Citron Research has ceased its short position on the stock.

Portfolio Pulse from Shanthi Rexaline

June 13, 2024 | 9:40 am

Z

Zillow Group, Inc. (NASDAQ:Z) shares surged 13.8% on Wednesday following an SEC filing revealing that director Jay Hoag purchased approximately 2.34 million shares at an average price of $43.76 each, totaling around $99.97 million.

Portfolio Pulse from Dylan Berman

June 12, 2024 | 5:17 pm

Z

ZG

Zillow Group shares are trading higher following the purchase of 2,338,036 shares by a company director.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:59 pm

Z

ZG

On June 11, 2024, a Form 4 filing revealed that Zillow Group Director Jay C Hoag purchased 2,338,036 shares at an average price of $42.76 per share.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:46 pm

DELL

NVDA

PTF

SKYY

Michael Dell, CEO of Dell Technologies, plans to sell 10 million shares worth $1.3 billion amid the AI boom. This follows a previous sale of $1.6 billion in shares, making 2024 potentially his biggest year of stock liquidation. Despite disappointing earnings in May, Dell stock has surged over 175% in the last 12 months. Investors can gain exposure to Dell through ETFs like PTF and SKYY.

Portfolio Pulse from Shivani Kumaresan

June 12, 2024 | 2:22 pm