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...
Six Simply Good Foods insiders bought $1.1M of SMPL stock on April 9-13 at prices ranging from $16.32 to $16.86. The directors' buying comes after the consumer goods company has fallen 42% YTD. Simply Good Foods makes branded nutrition bars and ready-to-drink shakes for people following...
Last week, Abdiel Capital added to its its Appian and Fastly stakes -- core positions for the top-performing fund.
Managing partners Colin Moran and Geoffrey Gentile of New York-based Abdiel Capital Advisors aren't big on diversification. The managers prefer to focus on a...
MGM Resorts International (MGM) stock has collapsed 72% over the last three months -- losing about $13 billion of market value -- as the Coronavirus pandemic forces a shutdown of the U.S casino industry. MGM's 30 properties around the U.S.,including its trademark MGM Grand casino and...
A three day (dead cat?) bounce propelled the S&P 500 over 13% higher last week, rescuing stocks, at least temporarily, from the worst stretch of performance since the dark days of 1929. During the Coronavirus crash over the last several weeks, stocks were liquidated indiscriminately, as investors...