Streetbeat News

Insider Trading

BX

Stephen A. Schwarzman, CEO of Blackstone Inc. (NYSE:BX), has endorsed Donald Trump and pledged to contribute to his campaign and several Republican Senate candidates. This endorsement could help Trump gain support from influential business leaders and donors.

Portfolio Pulse from Nabaparna Bhattacharya

May 25, 2024 | 4:27 pm

AAPL

AES

MRVL

SNX

Hedge funds adjusted their portfolios in Q1 2024, focusing on AI-related infrastructure stocks and cyclical sectors. Positions in several 'Magnificent Seven' tech stocks were trimmed, except for Apple. Marvell Technology, TD Synnex, and AES Corporation saw increased hedge fund interest.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 4:20 pm

AMD

Bill Baruch has sold his shares in AMD, as reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:13 pm

ORCL

Jim Lebenthal has increased his holdings in Oracle, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:10 pm

CTRN

FOUR

TISI

Insiders have made notable purchases in Citi Trends, Shift4 Payments, and Team Inc, indicating confidence in these companies' prospects. Citi Trends saw a $1.12 million purchase by Pleasant Lake Partners, Shift4 Payments had a $2.51 million purchase by CEO Jared Isaacman, and Team Inc had a $73,036 purchase by Corre Horizon II Fund.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 1:05 pm

ADM

GPI

KEX

MORN

The Nasdaq 100 closed lower by over 80 points on Thursday. Notable insider sales were reported for Kirby Corporation, Group 1 Automotive, Archer-Daniels-Midland, and Morningstar. Insider sales can indicate concerns about a company's prospects or that the stock is overpriced.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 12:27 pm

ONDS

OPK

QRTEA

Insiders are buying shares of Qurate Retail, Ondas Holdings, and OPKO Health, indicating their confidence in these companies despite recent financial challenges.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 11:29 am

NANC

NVDA

Nancy Pelosi and her husband made significant profits from Nvidia call options but missed out on larger gains by selling shares early. They purchased 50 call options in Nvidia in November 2023, which have now increased in value by $2,755,500. However, they previously sold 25,000 Nvidia shares in July 2022, missing out on potential profits of $21,309,750. The Unusual Whales Subversive Democratic Trading ETF (NANC) tracks the stock trading activity of Democrats in Congress, including Pelosi.

Portfolio Pulse from Chris Katje

May 23, 2024 | 3:25 pm

BRN

ERAS

LAB

MGLD

Insiders are aggressively buying shares in four penny stocks: Marygold Companies, Standard BioTools, Erasca, and Barnwell Industries. These transactions indicate insider confidence in these companies' prospects.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 12:47 pm

FSLR

LSCC

SLB

VRTX

Insiders from First Solar, Schlumberger, Vertex Pharmaceuticals, and Lattice Semiconductor have recently sold shares. Insider sales can indicate concerns about company prospects or stock overvaluation. Notable sales include First Solar's Chief People and Comm. Officer selling 12,406 shares, Schlumberger's President New Energy selling 38,083 shares, Vertex Pharmaceuticals' CEO selling 15,202 shares, and Lattice Semiconductor's SVP, CFO selling 16,465 shares.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 12:31 pm