Jeff Bezos sold $3B of Amazon stock on Nov. 2 - Nov. 3. The world's richest person unloaded 1 million shares of his company at an average price of $3022.84. Amazon(AMZN) closed today at $3143.74, down 4.57%. The sales reduced the founder's stake in the giant online...
Last week, three insiders from Maiden Holdings, Ltd. (MHLD) filed Form 4s disclosing the purchase of 380,000 shares at an average price of $0.78 per share. An interesting cluster of buying. But here's what's astonishing -- just seven months earlier the stock traded at $8.75.
General Electric (GE), once the bluest of blue-chip stocks, has fallen hard. Since the end of 2016, GE’s market cap has dropped by 70% -- from $277 billion to $83 billion. In June GE was dropped from the Dow Jones Industrial Average after more than a century. The stock now trades at $9.30, down nearly 50% year-to date.
Archer Daniels Midland (AMD) insiders made significant buys after ADM reported a $60 million drop in first-quarter profit due to the "bomb cyclone". The CEO and CFO of the food conglomerate teamed-up to buy $1.26 million of stock into post-earnings price weakness. On...
When the stock market swoons, I like to watch insider buying to see where the smart money is finding value. Here are three stocks with interesting insider activity that also showed good relative strength in Monday’s weak market.
The Chairman, President and CEO of First Horizon Corp. (NYSE:FHN) bought $444K of his own stock on the open market two weeks after telling Jim Cramer on CNBC’s Mad Money that FHN stock was “on sale.” In a Form 4 filing yesterday, Bryan D. Jordan disclosed he bought 25,000 shares of First Horizon stock at an average price of $17.76 on July 31.
Billionaire John Malone's insider buying may be rare, but when he does make a purchase, it pays to join him. On May 15, Malone along with two other Qurate Retail Inc. (QRTEA) insiders, bought over $14 million of the retailing and media stock at an average price...