Streetbeat News

Insider Trading

BSET

EGLE

Insider purchases at Eagle Bulk Shipping, SentinelOne, and Bassett Furniture Industries signal confidence in these companies. Eagle Bulk Shipping's merger with Star Bulk was approved, SentinelOne received a positive analyst rating, and Bassett Furniture reported downbeat quarterly sales.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 12:41 pm

ADI

AVGO

SNPS

Recent insider sales were reported for Dollar General, Broadcom, Analog Devices, and Synopsys, with significant transactions from high-level executives. These sales come amidst various analyst actions, including price target adjustments and ratings. Insider sales can indicate various strategic decisions but are not the sole factor for investment decisions.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 12:02 pm

BUKS

FRTX

TSSI

Insiders at TSS, Inc., Butler National Corporation, and Fresh Tracks Therapeutics have recently made significant purchases of their companies' shares, indicating potential confidence in their respective companies' futures. These transactions come amidst a backdrop of a rising Dow Jones index and mixed performance among these penny stocks.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 11:09 am

ENPH

Enphase Energy's shares are trading lower following the announcement that David Ranhoff, the company's Executive Vice President and Chief Commercial Officer, plans to step down from his position due to personal reasons.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 1:26 pm

ACRE

AXR

GAM

Insiders have made notable purchases in shares of General American Investors Company (GAM), AMREP Corporation (AXR), and Ares Commercial Real Estate (ACRE), indicating their confidence in these companies. AMREP reported a significant decrease in earnings per share in its fiscal third quarter of 2024 compared to the previous year. Ares Commercial Real Estate received a downgrade from B of A Securities, with a lowered price target. General American Investors has seen an 8% stock increase year-to-date.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 12:53 pm

GCTS

GRIN

MDIA

GCT Semiconductor Holding, Inc. (GCTS) and Aramco signed an MOU to boost the 4G and 5G ecosystem in Saudi Arabia. Grindrod Shipping Holdings (GRIN) announced a selective capital reduction, leading to a share price increase. Mediaco (MDIA) shares surged after Standard General L.P. disclosed a 95.2% stake in the company.

Portfolio Pulse from ryanfaloona@benzinga.com

April 05, 2024 | 12:38 pm

AEO

AVGO

CRWD

QCOM

Notable insider sales were reported for CrowdStrike Holdings, QUALCOMM, Broadcom, and American Eagle Outfitters, with insiders selling shares at significant amounts. These sales come amidst various company developments, including strategic partnerships, analyst reiterations, and upgrades, as well as strong earnings reports.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 12:28 pm

BCOV

RCG

Insiders at Brightcove Inc. and RENN Fund, Inc. have recently made significant stock purchases, indicating potential confidence in their companies' futures. Brightcove's 10% owner Jonathan Brolin bought 5,190 shares at $1.85 each, following the company's Q4 financial results and FY24 guidance that fell below estimates. Meanwhile, RENN Fund's President and CEO Murray Stahl acquired 57 shares at $1.59 each, after the fund's shares saw a 7% increase over the past month.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 11:41 am

CODI

CVV

FLO

ROST

Insiders at Flowers Foods, Compass Diversified, CVD Equipment, and Ross Stores have recently made significant stock purchases, signaling potential confidence in their companies' futures. These transactions range from around $100,000 to over $1 million, despite some companies posting less-than-ideal financial results recently.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 12:03 pm

HHH

Howard Hughes Holdings (HHH) announces Scot Sellers as the new Chairman, succeeding Bill Ackman who is retiring. Pershing Square remains a major shareholder, with Ben Hakim nominated to replace Ackman on the board.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:30 am