Streetbeat News

Insider Trading

MDRR

SATS

UNFI

Insider purchases at United Natural Foods, EchoStar, and Medalist Diversified REIT indicate confidence in these companies' prospects. United Natural Foods reported Q2 earnings beating expectations, EchoStar saw a price target adjustment from JP Morgan, and Medalist Diversified REIT's stock has gained around 7% over the past month.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 12:52 pm

CROX

CSCO

HPQ

TGT

Insiders at HP, Cisco, Crocs, and Target have recently sold shares, indicating potential concerns or personal financial strategies. Target and Crocs reported strong financial results, Cisco deepened its alliance with BBVA, and HP reported disappointing sales.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 12:25 pm

BCOV

GROV

RVP

Insiders at Retractable Technologies, Grove Collaborative Holdings, and Brightcove have recently made significant stock purchases. These transactions come amidst various company developments, including financial results and guidance updates. Retractable Technologies reported a loss, Grove Collaborative posted downbeat quarterly results, and Brightcove issued FY24 guidance below estimates.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 11:44 am

AMR

AWCMF

GSM

METC

NUE

Alcoa Corporation is set to acquire Alumina Limited in a $2.2 billion all-stock deal, aiming for a merged entity with a significant share distribution. Ferroglobe PLC and Coreshell partner to produce battery-ready metallurgical silicon for EV batteries, potentially increasing driving range by 30%. Nucor Corporation sees significant insider purchases by executives, indicating strong internal confidence. Analyst Lucas Pipes adjusts price targets for Ramaco Resources and Alpha Metallurgical, reflecting market reassessments.

Portfolio Pulse from Austin DeNoce

March 12, 2024 | 9:39 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) announced a proposed private offering of $1 billion in Convertible Senior Notes due 2030, with an option for an additional $150 million. The proceeds will be used to manage existing debts and for general corporate purposes, including potential acquisitions. Concurrently, CEO Brian Armstrong and top executives sold approximately $64 million worth of Coinbase shares. Despite a year-to-date increase of 47%, COIN shares dropped 2.80% after hours.

Portfolio Pulse from Adam Eckert

March 12, 2024 | 9:07 pm

AYX

CSV

HWBK

KDP

Insiders at Carriage Services, Keurig Dr Pepper, Alteryx, and Hawthorn Bancshares have recently made significant stock purchases, indicating potential confidence in their companies' futures. These transactions follow notable company events, including earnings reports and share pricing, suggesting these insiders see the stocks as undervalued or are optimistic about future growth.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 1:17 pm

BYD

IAS

ROKU

WSC

Insiders at WillScot Mobile Mini, Boyd Gaming, Integral Ad Science Holding, and Roku have recently sold shares. These sales could indicate various strategic decisions or perspectives on the companies' valuations. WillScot Mobile Mini reported disappointing earnings, Boyd Gaming increased its dividend, Integral Ad Science reported strong Q4 results, and Roku showed revenue growth.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 12:20 pm

FGEN

GSAT

OTLK

REAL

Insiders at FibroGen, RealReal, Outlook Therapeutics, and Globalstar have recently made significant purchases of their companies' stocks, signaling potential confidence in their respective companies' futures. These transactions come amidst various company developments, including new appointments, financial results, and revenue guidance.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 11:14 am

AAP

Advance Auto Parts is set to add three new board members as part of a settlement with Dan Loeb's hedge fund, Third Point, which has taken a stake in the company, according to sources cited by WSJ.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 7:51 pm

ADV

MRAI

RVP

RZLT

Insiders at Rezolute, Retractable Technologies, Marpai, and Advantage Solutions have recently made significant stock purchases. These transactions indicate insider confidence in these companies' futures. Rezolute and Marpai reported positive financial news, while Retractable Technologies and Advantage Solutions shared less favorable results. These insider activities and company performances could influence investor interest in these penny stocks.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 6:46 pm