Streetbeat News

Insider Trading

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

SATS

EchoStar shares are trading higher following the disclosure of share purchases by a company director.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 6:42 pm

ANIP

DOV

GOOGL

RCM

Insiders at Alphabet, Dover, ANI Pharmaceuticals, and R1 RCM have recently sold shares. These sales could indicate various sentiments about the companies' prospects or stock valuations. Notably, ANI Pharmaceuticals reported positive earnings, R1 RCM showed disappointing sales, Dover's revenue declined, and Alphabet's new Pixel 8 will lack a key feature.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 12:10 pm

GEF

MSEX

SATS

Insiders at Greif, EchoStar, and Middlesex Water have made notable purchases of their companies' stocks, signaling confidence in their respective companies' futures. Greif's CFO acquired shares following upbeat quarterly earnings, EchoStar's Director made a significant purchase despite a year-over-year decrease in EPS, and a Director at Middlesex Water bought shares after the company posted downbeat quarterly results.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 11:19 am