This article summarizes the most significant insider buying and selling activities reported for Tuesday, September 10, 2024, in US stocks.
Top Insider Buys:
Clarus Corp (NASDAQ:) saw substantial insider buying from Executive Chairman Warren B. Kanders. Over three days, Kanders acquired a total of $1.16 million worth of company stock. The purchases included 200,000 shares at an average price of $4.1934 on September 6, 30,000 shares at $4.0453 on September 9, and 50,000 shares at $3.9999 on September 10. The transactions occurred at prices ranging from $3.985 to $4.225 per share.
Crown Crafts Inc (NASDAQ:) director Zenon S. Nie purchased $56,477 worth of the company’s common stock. Nie acquired 11,915 shares at $4.74 per share on September 9, 2024, through 34 separate trades. This increased Nie’s direct holdings to 80,294 shares, with an additional 189,214 shares indirectly owned by his spouse.
PodcastOne, Inc. (NASDAQ:PODC) reported a purchase by director D. Jonathan Merriman. On September 9, 2024, Merriman bought 10,000 shares at an average price between $1.60 and $1.61 per share, totaling $16,000. This increased his direct holdings to 136,539 shares, with an additional 163,079 shares held indirectly through a family trust.
Mannatech Inc. (NASDAQ:MTEX) saw Director Tyler Rameson acquire 16,288 shares at $7.75 per share on September 9, 2024, for a total investment of $126,232. This private purchase between two directors increased Rameson’s total holdings to 299,197 shares.
AST SpaceMobile, Inc. (NASDAQ:ASTS) director Adriana Cisneros purchased shares worth $129,884 on September 6, 2024. The shares were bought at prices ranging from $26.17 to $26.44, increasing her indirect ownership in the company through various forms, including family trusts and entities with beneficial interest.
Top Insider Sells:
Dell Technologies Inc. (NYSE:NYSE:) CEO Michael S. Dell sold shares totaling over $361 million between September 6 and September 10. The sales occurred at prices ranging from $102.01 to $107.41 per share, involving multiple transactions of varying sizes.
Berkshire Hathaway Inc . (NYSE:) sold approximately $228.7 million worth of Bank of America Corp (NYSE:NYSE:) stock over three days. The sales included 1,081,102 shares at $39.6682 on September 6, 1,721,366 shares at $39.5742 on September 9, and 2,994,625 shares at $39.2978 on September 10.
Nvidia Corp (NASDAQ:) President and CEO Jen-Hsun Huang sold shares valued at over $25 million on September 6 and 9. Huang sold a total of 159,774 shares at prices ranging from $100.99 to $108.00, leaving him with 75,895,836 shares in direct ownership.
Walmart Inc. (NYSE:NYSE:) executive Robson S. Walton sold shares worth $442,774,830 on September 6 and 9. The sales involved 1,687,471 shares at $76.7005 and 1,386 shares at $77.3071, reducing his holdings to 617,957,687 shares.
Alice Walton, a significant Walmart Inc. (NYSE:WMT) shareholder, sold 5,747,226 shares for over $442 million on September 6 and 9. The sales occurred at prices between $76.7005 and $77.3071 per share.
Investors should stay tuned to insider buying and selling activities as they can provide valuable insights into a company’s prospects. While insider transactions alone should not be the sole basis for investment decisions, they can offer additional context when combined with other financial analyses and market research. It’s important to remember that insiders may have various reasons for buying or selling shares, and their actions do not always indicate future stock performance.
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