Streetbeat News

Insider Trading

TAST

Gabelli Funds, LLC has reported a 3.27% stake in Carrols Restaurant Group, Inc. (TAST) as of April 15, 2024, according to a 13D filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 8:28 pm

Morgan Stanley's Chairman James P. Gorman sold 100,000 shares of common stock at $90.21/share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 8:14 pm

BEEP

EAF

VUZI

Insiders at Mobile Infrastructure Corp (BEEP), GrafTech International Ltd (EAF), and Vuzix Corporation (VUZI) have recently made significant stock purchases. BEEP's CEO acquired shares worth around $58,170, while EAF saw a $4.1 million purchase by Colonial House Capital Ltd, and VUZI's CEO bought shares for approximately $10,062. These transactions come ahead of their respective earnings releases and in the context of Vuzix's recent sales performance.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:54 pm

BLFS

META

PSTG

SCVL

Insiders at Meta Platforms, Pure Storage, Shoe Carnival, and BioLife Solutions have recently sold shares. These sales could indicate various strategic decisions or perspectives on the company's valuation. Meta Platforms introduced new AI features, Pure Storage received a positive outlook from Susquehanna, Shoe Carnival reported a slight sales decline, and BioLife Solutions divested its Stirling Freezer Business.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:00 pm

AXR

LOVE

PSTL

SNDA

Insiders at Lovesac Company, Postal Realty Trust, Sonida Senior Living, and AMREP have made notable purchases of their company's stock, signaling confidence in their respective companies' prospects. These transactions include significant investments by directors and CEOs, with the backdrop of various company performances and analyst ratings.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 11:29 am

JWN

Erik B. Nordstrom has reported a 7.45% stake in Nordstrom (JWN) as of April 17, 2024, according to a 13D filing with the SEC. He intends to engage in discussions with Nordstrom's Special Committee and third parties regarding a potential going private transaction.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:36 pm

NEOG

RKT

STCN

Insiders at Rocket Companies, Neogen, and Steel Connect have made notable purchases of their company's stock, indicating potential confidence in their respective company's future prospects. These transactions include purchases by directors and COOs at prices ranging from $9.22 to $12.36, with significant investments made. Analysts have recently maintained or adjusted their views on these companies, with Rocket Companies receiving an underperform rating but with a raised price target, Neogen cutting its 2024 guidance after disappointing earnings, and Steel Connect reporting second-quarter revenues.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 12:47 pm

BCOV

IZEA

Insiders at IZEA Worldwide, PetVivo Holdings, and Brightcove have recently made significant stock purchases. IZEA's 10% owner bought shares at $2.50 each, PetVivo's CEO acquired shares at $0.60 each, and Brightcove's 10% owner purchased shares at $1.69 each. These transactions may indicate insider confidence in the companies' futures, despite IZEA posting downbeat quarterly earnings and PetVivo naming a new CFO. Brightcove also appointed a new CFO recently.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 12:27 pm

GOOGL

NTAP

SBUX

TTD

Insiders at Alphabet, NetApp, Starbucks, and Trade Desk have recently sold shares, indicating potential concerns or personal financial strategies. These sales come amidst various company-specific news, including partnerships, earnings, and layoffs, which could influence investor sentiment and stock performance in the short term.

Portfolio Pulse from Priya Nigam

April 18, 2024 | 12:07 pm

Sen. Josh Hawley grilled Energy Secretary Jennifer Granholm over her stock trading activities and conflicts of interest, highlighting institutionalized corruption within the energy department. Granholm admitted to owning and later selling stocks, including shares of Ford Motor Company (NYSE:F), which she claimed were owned by her husband. Hawley accused Granholm of misleading the committee, violating stock trading laws, and promoting companies she had stakes in, calling for her resignation.

Portfolio Pulse from Chris Katje

April 17, 2024 | 11:06 pm