Streetbeat News

Insider Trading

AMRK

DAR

PRGO

TTSH

Insiders at Perrigo, A-Mark Precious Metals, Darling Ingredients, and Tile Shop Holdings have made significant stock purchases, indicating potential confidence in their companies' futures. These transactions come amidst various financial performances, with Perrigo and Darling Ingredients reporting slight and significant downturns, respectively, A-Mark Precious Metals posting worse-than-expected results, and Tile Shop Holdings experiencing a sales decline.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 1:48 pm

ALK

CVNA

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MTSI

Recent insider sales have been reported for Marriott International, MACOM Technology Solutions, Alaska Air, and Carvana. These sales come amidst various company-specific news, including financial results and analyst upgrades. Insider trading can indicate various strategic decisions or perspectives on the company's stock value.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 1:15 pm

EMMA

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Great Elm Group, Earth Science Tech, and Emmaus Life Sciences are under $2 stocks with recent insider buying activity. Great Elm Group saw a purchase by Imperial Capital Group Holdings II, LLC, while Earth Science Tech's CEO and Emmaus Life Sciences' Co-President and COO also made significant purchases. These transactions indicate insider confidence in these companies' prospects despite recent challenges such as losses and the announcement of a stock repurchase program.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 11:56 am

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META

Jonathan Levin, Dean of Stanford Graduate School of Business, views the recent surge in insider stock sales by executives, including Jeff Bezos of Amazon and Mark Zuckerberg of Meta Platforms, as a healthy sign of a mid-cycle market. Despite concerns, Levin suggests these sales, part of executives' liquidity and diversification strategies, do not indicate market distress. Amazon and Meta shares have seen positive price action recently.

Portfolio Pulse from Benzinga Neuro

March 01, 2024 | 8:40 am

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BHP

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Jefferies initiated coverage on Royal Gold with a Hold rating and a $117 price target. Golden Minerals halted operations at Velardeña due to underperformance, exploring sale or wind-up options. BHP Group is restructuring its global operations, starting in Australia, to cut costs and improve productivity amid a nickel market slowdown. Reliance's board member James Donald Hoffman sold 40,000 shares. ArcelorMittal reported a decrease in annual revenue and production compared to the previous year.

Portfolio Pulse from Austin DeNoce

February 29, 2024 | 10:53 pm

AMSYF

AUMN

BHP

RGLD

Jefferies initiated coverage on Royal Gold with a Hold rating and a $117 price target. Golden Minerals halted operations at Velardeña due to underperformance, exploring sale or wind-up options. BHP Group is restructuring global operations, starting in Australia, to cut costs and improve productivity amid nickel market slowdown. Reliance's board member James Donald Hoffman sold 40,000 shares. ArcelorMittal reported a decrease in annual revenue and production but remains a leading steel producer.

Portfolio Pulse from Austin DeNoce

February 29, 2024 | 10:52 pm

ENPH

Enphase Energy's stock is trading higher following the disclosure by CEO Badri Kothandaraman of a purchase of 4,000 shares, as reported in a Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 8:33 pm

PRGO

Perrigo's CEO, Taylor Patrick Lockwood, has purchased 9,500 shares at an average price of $26.54 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 6:41 pm

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IMUX

OPK

Insiders at OPKO Health, Immunic, and Fresh Tracks Therapeutics have recently made significant stock purchases, signaling potential confidence in their companies' futures. OPKO Health and Immunic both reported positive financial news, while Fresh Tracks Therapeutics experienced a stock price decline over the past month.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 3:40 pm

NOVA

Sunnova Energy's stock price increased after a company director purchased 152,450 shares, indicating strong insider confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:27 pm