Streetbeat News

Insider Trading

JPM

JP Morgan Chase & Co.'s Chairman and CEO, Jamie Dimon, sold 821,778 shares of common stock at a price of $182.73 per share on February 22, 2024, according to a Form 4 filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 5:55 pm

BYON

EXEL

HPP

WTBA

Insiders at Beyond Inc, West Bancorporation, Hudson Pacific Properties, and Exelixis have made significant stock purchases, indicating potential confidence in their companies' futures. These transactions range from around $35,223 to approximately $3.93 million, showcasing a variety of investment levels and possibly signaling opportunities for investors. Notably, these purchases come in the wake of financial results, with Beyond and Hudson Pacific reporting disappointing outcomes, while Exelixis posted positive earnings.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:25 pm

EBAY

FLEX

GOOGL

MAC

Insiders at eBay, Alphabet, Macerich, and Flex have recently sold shares, indicating potential concerns or views of overvaluation. Macerich's President sold shares after in-line earnings, Flex's EVP sold after strong Q3 results, eBay's SVP sold shares following a board appointment, and Alphabet's CEO sold shares amidst a halt on AI image generation due to inaccuracies.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:11 pm

BENF

GOVX

INM

Insiders at GeoVax Labs, Beneficient, and InMed Pharmaceuticals have recently made significant stock purchases. GeoVax Labs' CEO acquired shares at $2.27 each, with financial results expected in 2024. Beneficient's Director bought shares at $0.26 each after a reported quarterly loss. InMed Pharmaceuticals' Director purchased shares at $0.39 each, following positive Alzheimer's drug candidate data. These transactions may indicate insider confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 12:34 pm

NWL

Newell Brands (NASDAQ:NWL) announced board changes including the election of James Keane and Anthony Terry, and the departure of Robert Steele, Courtney Mather, and Jay Johnson. Bridget Ryan Berman will become the new Chair effective May 8, 2024. The board size will decrease from eleven to eight members. These changes are part of the board's commitment to refreshment and are expected to support the company's ongoing turnaround strategy.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:51 pm

ALG

Alamo Group Inc. (NYSE:ALG) announced leadership changes with Roderick R. Baty retiring and Richard W. Parod set to become the new Independent Board Chair on April 30, 2024. Additionally, Paul D. Householder has been appointed as a new independent board member effective February 22, 2024. Householder, currently CEO of Ag Growth International Inc., brings extensive international experience to the board.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:20 pm

COSM

CTHR

INM

RZLT

Insiders at Rezolute, Cosmos Health, InMed Pharmaceuticals, and Charles & Colvard have recently made significant stock purchases. These transactions indicate insider confidence in the companies' prospects. Rezolute reported a narrower-than-expected quarterly loss, Cosmos Health completed an AI platform acquisition, InMed Pharmaceuticals selected a lead Alzheimer's drug candidate, and Charles & Colvard reported a quarterly loss.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 1:51 pm

DXCM

QNST

XYL

Insiders at QuinStreet, Xylem, Moelis & Company, and DexCom have recently sold shares. These sales occurred after each company reported financial results, with QuinStreet and Xylem posting better-than-expected results, Moelis posting a narrower-than-expected loss, and DexCom reporting upbeat earnings. Insider sales can indicate various strategic decisions or perspectives on the company's stock value.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 12:55 pm

BHRB

NWE

Insiders have made notable purchases in shares of Blackstone Inc. (BX), NorthWestern Energy Group, Inc. (NWE), and Burke & Herbert Financial Services Corp. (BHRB). These purchases indicate insider confidence in the companies' prospects. Blackstone's insider bought shares at an average price of $125.63, NorthWestern's at $48.80, and Burke & Herbert's at $55.35. Blackstone reported mixed Q4 results, NorthWestern posted upbeat earnings, and Burke & Herbert announced Q4 results and a dividend.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 12:24 pm

BBGI

CIA

RVP

RZLT

Insiders at Retractable Technologies, Citizens, Beasley Broadcast Group, and Rezolute have recently made significant stock purchases. These transactions indicate insider confidence in the companies' prospects despite mixed financial results. Retractable Technologies reported a loss, Citizens showed revenue growth, Beasley Broadcast had downbeat sales, and Rezolute posted a narrower-than-expected loss.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 1:27 pm