Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

Tuesday’s Insider Trades: Top Buys and Sells in US Stocks

admin by admin
October 30, 2024
in Stock
0
Tuesday’s Insider Trades: Top Buys and Sells in US Stocks
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

This article summarizes the most significant insider buying and selling activities for US stocks on Tuesday, October 29, 2024.

Top Buys:

• Ibotta, Inc. (NASDAQ:IBTA): D. E. Shaw & Co., L.P., a prominent investment firm, acquired shares of Ibotta totaling approximately $775,443. The purchases occurred over several transactions on October 25 and 28, 2024, with prices ranging from $72.62 to $75.53 per share. These acquisitions have increased D. E. Shaw’s holdings in the Denver-based company, which operates in the advertising services sector.

• Ingram Micro Holding Corp (NASDAQ:INGM): Christian Cook, a director at Ingram Micro Holding Corp, purchased 46,000 shares on October 25 at a price of $22.00 per share, totaling approximately $1.01 million. This transaction brings Cook’s total direct ownership to 46,000 shares, potentially signaling confidence in the company’s future prospects.

• Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF): Jeffrey R. Geygan, the Interim CEO, acquired a total of 48,307 shares over two days, with a total transaction value of approximately $140,135. On October 28, Geygan purchased 6,244 shares at a weighted average price of $2.9942 per share, followed by an additional 42,063 shares at a weighted average price of $2.8871 per share on October 29. These transactions increased his total holdings to 1,880,737 shares.

• Orrstown Financial Services Inc. (NASDAQ:ORRF): Cindy Jeannette Joiner, a director at Orrstown Financial Services, acquired 221 shares of the company’s common stock on October 25, 2024. The purchase was executed at a price of $37.83 per share, amounting to a total transaction value of $8,360. Following this acquisition, Joiner holds a total of 22,063 shares directly.

Top Sells:

• Palantir Technologies Inc . (NYSE:NYSE:PLTR): Alexander C. Karp, CEO of Palantir Technologies, sold shares over three days, totaling approximately $254 million. The sales were executed as part of a preexisting Rule 10b5-1 trading plan. On October 25, Karp sold 1,706,841 shares at an average price of $45.0062, followed by a sale of 3,337,048 shares on October 28 at an average price of $45.0168, and finally 612,404 shares on October 29 at an average price of $45.0177.

• Bowhead Specialty Holdings Inc. (NASDAQ:BOW): Matthew Botein, a director, sold 3,178,662 shares of the company’s common stock at a net price of $27.695 per share, totaling approximately $88.03 million. This transaction was part of an underwritten public offering, which included the exercise of an over-allotment option by the underwriters.

• Altice USA, Inc. (NYSE:ATUS): Next Alt S.a.r.l., the personal holding company of Patrick Drahi, disposed of a total of 805,227 shares of Altice USA’s Class A common stock on October 28. The shares were sold at prices ranging from $23.3164 to $25.6836, resulting in a total transaction value of approximately $19.7 million.

• Ingram Micro Holding Corp (NASDAQ:INGM): Platinum Equity, LLC, a significant stakeholder, sold 7 million shares of the company’s common stock at a price of $22.00 each, amounting to a total value of $154 million. Following this sale, Platinum Equity retains ownership of approximately 213.7 million shares in the company.

Investors should stay tuned to insider buying and selling activities as they can provide valuable insights into a company’s health and future prospects. While insider trades alone should not be the sole basis for investment decisions, they can be an important factor to consider alongside other financial and market indicators. It’s crucial to remember that insiders may have various reasons for buying or selling shares, and these transactions should be viewed in the context of broader market trends and company-specific news.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

Previous Post

Wall St subdued at open as investors weigh earnings, data

Next Post

Nio stock price analysis: is this fallen angel a buy?

admin

admin

Next Post
Nio stock price analysis: is this fallen angel a buy?

Nio stock price analysis: is this fallen angel a buy?

Trending News

How billionaire Caltagirone could influence Italy’s banking M&A wave

How billionaire Caltagirone could influence Italy’s banking M&A wave

April 19, 2025
Fed’s Barkin sees positive outlook for U.S. economy despite policy uncertainties

Fed’s Barkin sees positive outlook for U.S. economy despite policy uncertainties

January 4, 2025
Global LNG imports set to hit record high in January: here’s why

Global LNG imports set to hit record high in January: here’s why

January 28, 2025
Subscribe to Insightful Word


    Recent News

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    June 6, 2025
    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    June 6, 2025
    Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    June 6, 2025
    Starlink reportedly secures key licence in India, moves closer to launching services

    Starlink reportedly secures key licence in India, moves closer to launching services

    June 6, 2025

    Recent News

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll

    June 6, 2025
    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more

    June 6, 2025

    Latest News

    • China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll
    • FTSE 100 Index shares of 2025: Rolls-Royce, Fresnillo, BAE, and more
    • Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.