Streetbeat News

Insider Trading

BNED

Barnes & Noble Education's recent SEC filing reveals that Scott Stewart Miller has reported a 9.9% stake in the company as of March 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 6:53 pm

BMY

GS

TJX

On CNBC, Jason Snipe announced that he bought more shares of Goldman Sachs. Jenny Talkington revealed that she purchased more shares of Bristol-Myers Squibb. Kevin Simpson disclosed that he bought additional shares of TJX Companies.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 5:01 pm

OUST

Ouster shares are trading higher following a Form4 filing revealing that President and CEO Angus Charles Pacala purchased 16,000 shares at $12.33 each, and CTO Mark Frichtl bought 8,000 shares at $12.34 each.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:48 pm

OUST

On May 16, 2024, Ouster's President and CEO Angus Charles Pacala, CTO Mark Frichtl, and Virginia Boulet made significant insider purchases of Ouster shares at average prices of $12.33, $12.34, and $12.20 per share, respectively.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 1:24 pm

ARKR

FFIN

HEAR

IRBT

Insiders have recently purchased shares in Turtle Beach, Ark Restaurants, iRobot, and First Financial Bankshares, indicating their confidence in these companies. Notable trades include Turtle Beach's Director acquiring 2,025 shares, Ark Restaurants' 10% owner buying 19,815 shares, iRobot's President and CEO purchasing 2,050 shares, and First Financial Bankshares' EVP/CFO buying 1,000 shares.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 12:39 pm

NVDA

PLTR

Duquesne Family Office, led by Stanley Druckenmiller, has reopened a position in Palantir Technologies (PLTR) after a year-long hiatus, purchasing 769,965 shares in Q1 2024. Concurrently, the firm significantly reduced its stake in Nvidia (NVDA), selling off a large portion of its holdings. Palantir's fundamentals have improved due to its pivot to AI, despite mixed Q1 results. The stock has risen 26% year-to-date.

Portfolio Pulse from Shanthi Rexaline

May 17, 2024 | 12:28 pm

MDAI

Insiders at Spectral AI have purchased approximately 113,000 shares of the company. This insider buying activity could indicate confidence in the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 12:03 pm

FDS

MS

QCOM

YELP

The Nasdaq 100 closed lower by around 0.2% on Thursday. Notable insider sales were reported for Morgan Stanley, Qualcomm, Yelp, and FactSet Research Systems. Insider sales can indicate concerns about a company's prospects or that the stock is overpriced.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 11:58 am

MCHX

RPHM

RVP

Insiders are buying shares of Reneo Pharmaceuticals, Retractable Technologies, and Marchex, indicating their confidence in these companies despite recent declines in quarterly sales for Retractable Technologies and Marchex. Reneo Pharmaceuticals has also entered into a merger agreement with OnKure.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 11:29 am

CPNG

FCX

MSFT

NVDA

Stanley Druckenmiller has significantly reduced his stake in NVIDIA Corp (NASDAQ:NVDA) by 72%, selling 441,551 shares and liquidating all call options. Despite this, Nvidia remains the seventh-largest position in his portfolio. Druckenmiller has also made significant investments in small-cap stocks through call options on the Russell 2000, Microsoft Corp (NASDAQ:MSFT), Coupang Inc (NYSE:CPNG), and Freeport McMoRan (NYSE:FCX).

Portfolio Pulse from Benzinga Neuro

May 17, 2024 | 2:22 am