Streetbeat News

Insider Trading

CTRN

LSXMA

MBLY

Insiders at Citi Trends, Liberty SiriusXM, and Mobileye Global have made significant stock purchases, signaling confidence in these companies. Citi Trends' insider bought shares worth around $1.97 million, despite recent poor financial results. Warren Buffett, a major investor in Liberty SiriusXM, acquired shares valued at approximately $7.94 million following an upgrade and positive price target from Seaport Global. Mobileye Global saw insider buying by Director Patrick P Gelsinger, with an investment of about $100,438, following disappointing EPS results.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 1:05 pm

BTM

GOOGL

PCG

Insiders at Alphabet, Goldman Sachs, Bitcoin Depot, and PG&E have recently sold shares, indicating potential concerns or strategic financial moves. Notable sales include Alphabet's CEO Sundar Pichai and Goldman Sachs' Director David A Viniar. These transactions occur alongside various company developments, such as strategic investments and potential deals to sell assets.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 12:39 pm

ABCP

EXFY

RVSB

Insiders at AmBase, Expensify, and Riverview Bancorp have recently made significant stock purchases. AmBase reported a net loss for the year, while Expensify is set to announce Q1 financial results. Riverview Bancorp posted a loss for the fourth quarter. These transactions may indicate insider confidence in the companies' future prospects.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 11:46 am

KMPR

Kemper Corporation (NYSE:KMPR) announced Gerald Laderman as the new Chairman of the Board, succeeding Joseph P. Lacher, Jr., who remains CEO, President, and Director. Laderman, with a background in the airline industry and roles at United Airlines and Continental Airlines, joined Kemper's board in 2020. The company highlighted his leadership skills and expressed confidence in the ongoing strategy under Lacher's leadership.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:09 pm

CLF

Ron Bloom, a notable figure, has purchased 25,000 shares of Cleveland Cliffs (CLF) at an average price of $16.995 per share, as disclosed in a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 2:45 pm

DJT

The insider trading trial related to Trump Media & Technology Group Corp (NASDAQ:DJT) and its merger with Digital World Acquisition Corp. (DWAC) began in New York. Bruce Garelick is accused of trading DWAC stock based on non-public information about the merger with Trump Media. The Shvartsman brothers admitted to a $22 million insider trading scheme linked to the merger. DJT's stock saw a 6.94% increase to close at $49.93.

Portfolio Pulse from Benzinga Neuro

May 01, 2024 | 2:07 pm

AXR

CVBF

GSHD

Insiders at CVB Financial, Goosehead Insurance, and AMREP have made notable stock purchases, signaling confidence in their companies. CVB Financial's EVP and CCO, David F Farnsworth, bought 1,100 shares. Goosehead Insurance's President and COO, Mark Miller, acquired 10,000 shares. AMREP's 10% owner, Rainey E. Lancaster, purchased 5,000 shares. These transactions follow recent financial updates from each company, with CVB Financial reporting upbeat quarterly sales, Goosehead Insurance experiencing a drop after disappointing sales results and guidance, and AMREP reporting a significant earnings decrease.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:53 pm

KMB

SCHW

URI

XOM

Insiders at Exxon Mobil, Kimberly-Clark, Charles Schwab, and United Rentals have recently sold shares. These sales come after each company reported strong financial results. Insider sales can indicate various strategic decisions but are not the sole factor for investment decisions.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:46 pm

ADMQ

ASPI

ETST

Insiders at ASP Isotopes, Earth Science Tech, and ADM Endeavors have recently made significant stock purchases, signaling confidence in their companies' prospects. Earth Science Tech announced a $5 million stock repurchase program, ADM Endeavors' stock rose 4% over the past month, and ASP Isotopes received a price target increase from HC Wainwright & Co.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 12:22 pm

EAF

EXFY

RVP

Insiders are buying shares of GrafTech International, Expensify, and Retractable Technologies, indicating confidence in these companies. GrafTech reported strong Q1 results, Expensify is set to announce Q1 results, and Retractable Technologies has already reported its results for 2023.

Portfolio Pulse from Avi Kapoor

April 30, 2024 | 1:17 pm