Streetbeat News

Insider Trading

GME

GameStop shares surged by 48.01% as Keith Gill, aka Roaring Kitty, announced his return to YouTube. Short seller Andrew Left of Citron Research remains skeptical and holds a small short position in GameStop, questioning the legitimacy of Gill's recent trades and the company's fundamentals.

Portfolio Pulse from Chris Katje

June 06, 2024 | 9:41 pm

GME

Roaring Kitty, a prominent figure on Reddit, has posted an update on his GameStop (GME) position as of June 6, 2024. The total value of his position is $586.459 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:26 pm

CRM

Salesforce shares are trading higher after ValueAct Holdings disclosed in a Form4 filing that it bought an additional 428,000 shares of the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 3:57 pm

NWBI

PBF

WGS

Insiders have made significant purchases in PBF Energy, GeneDx Holdings, and Northwest Bancshares, indicating confidence in these companies' prospects. PBF Energy's 10% owner acquired $12.6 million worth of shares, GeneDx Holdings' director bought $2.76 million worth of shares, and Northwest Bancshares' director purchased $128,166 worth of shares.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 12:59 pm

GOOGL

HOOD

LYFT

WMT

The Nasdaq 100 closed higher by around 2% on Wednesday. Notable insider sales were reported for Lyft, Walmart, Alphabet, and Robinhood Markets. Insider sales can indicate concerns about company prospects or overvaluation. Lyft's President sold 6,500 shares, Walmart's EVP sold 25,578 shares, Alphabet's CEO sold 22,500 shares, and Robinhood's CFO sold 5,000 shares.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 12:21 pm

BARK

FTHM

MCHX

PODC

SYPR

Insiders have been buying shares of several penny stocks, including PodcastOne, BARK, Fathom Holdings, Sypris Solutions, and Marchex. These transactions may indicate confidence in the companies' prospects despite recent challenges.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 11:26 am

PERF

Perfect Corp. announced that CEO Alice H. Chang has purchased 597,256 Class A shares in the open market under a Rule 10b5-1 trading plan.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:20 am

JWN

The Estate of Bruce A. Nordstrom has reported a 6.27% stake in Nordstrom (JWN) as of June 4, 2024, according to an SEC 13D filing.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 7:23 pm

MCK

Joe Terranova announced on CNBC that he has bought shares of McKesson Corporation (MCK).

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:20 pm

CTRN

LEG

NSC

SLM

Insiders have recently purchased shares in Citi Trends, Norfolk Southern, SLM Corporation, and Leggett & Platt, indicating confidence in these companies' prospects. Insider buying can signal a good opportunity to go long on these stocks.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 12:52 pm