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....
Michael Volkema has been Chairman of the Board at Herman Miller (MLHR) since 2000. As a Herman Miller Inc. insider, he has filed many reports to the SEC over the years. He's been granted shares, he's exercised options, sold options and sold stock. What he's never done...
Both insider trades and analyst recommendations contain information which may be useful for investors researching stocks. However, of the two information sources, one is much more trustworthy than the other. Everyday the financial media devotes major coverage to Wall Street analyst commentary on stocks....
JP Morgan insider Stephen Burke bought 75,000 shares of the nation's largest bank at $87.99 yesterday in the open market. The disclosure came in a Form 4 filing made after the market closed. The buying increased Burke's JPM holdings by 50%. Burke's open market...
The stock market's rally since the March 23 low has been stunning. The S&P 500 is up nearly 30% from those levels as of yesterday's close. So it's not surprising that insider selling has accelerated into the rally. Insiders were big net buyers...