Back in December of 2019, three Cassava Sciences insiders bought $3.2M of their own stock at $2.25. Two weeks later the stock closed at $9.65. So its understandable that investors might aggressively bid up Cassava Sciences (SAVA) stock after two insiders disclosed on Thursday the purchase of...
Jack Schuler is the former President/COO of Abbott Laboratories and a biotech entrepreneur with a penchant for investing in medical stocks both large and small. On Aug. 31, Schuler filed a 13D/A disclosing the purchase of 365,291 shares of the bioscience company Yield10 (YTEN) @ 4.25. At that...
Marcus Lemonis is the CEO and majority shareholder of Camping World Holdings Inc (CWH), but he's gained notoriety as the host of CNBC's The Profit. In the series that has run since 2013, self-made multi-millionaire Lemonis has invested millions of his own money in small businesses...
Over the last several days SRS Investment added to its Avis Budget Group (CAR) stake. The New York-based hedge fund acquired 243,000 shares of the rental car company from Aug. 17-19. In Form 4s disclosed Wednesday, SRS reported buying the stock on the...
Fastly Inc. (FSLY) shares surged nearly 45% from July 24 through Aug 5. -- going from $78 to a high of $117.79. But since then, FSLY has pulled all the way back to $79.25. Tons of volatility, but Fastly's #1 holder -- Abdiel Capital -- hasn't sold...
Value Investor Clifford Sosin, founder and manager of CAS Investment Partners, runs a concentrated portfolio -- as of Q2's close the fund held only five positions. However, an equal-weighted portfolio of those five stocks is up 80% Year-to-date. The fund's top holding, online car retailer Carvana (CVNA),...
On Friday afternoon, CASI Pharma CEO He Wei-Wu filed a Form 4 disclosing the purchase of nearly $7.9M of CASI stock. The insider bought the shares in a public offering of 20M CASI shares at $1.90. President Larry Zhang also bought 20,153 shares in the secondary offering,...
Two Bed Bath & Beyond insiders bought shares as the slumping retailer published an investor update describing improving June sales trends. After announcing dismal Q1 Covid-19-impacted earnings on July 8, Bed Bath & Beyond (BBBY) management received lots of questions from investors. So on Tuesday, the company...
Mauricio Leyva, appointed in March to the newly-created role of President, International and Business Development at Keurig Dr. Pepper (KDP) made a big buy of KDP on Monday. In a Form 4 filed yesterday, Leyva disclosed the purchase of 123,400 KDP at $28.47. The $3.58M buy...
The S&P 500 traded above its 200 day moving average last week for the first time since March 5. Back on March 23, at the bottom of the crash, the index was 28% below its 200 Day MA. The market has seen an amazing "bounce" since then....