Investing
4 hot insider trades: Halliburton, Cimpress | Pro Recap
© Reuters.
By Davit Kirakosyan
Investing.com — Here is your weekly Pro Recap of some of the biggest insider trading headlines you may have missed on InvestingPro. Start your free 7-day trial to get this news first.
Insider action ahead at Halliburton
Several Halliburton (NYSE:) executives, including CEO Lawrence Pope and CFO Charles Geer, established prearranged trading plans under Rule 10b5-1, effective as of Feb 7.
The company reported its last month, with EPS of $0.72 coming in better than the consensus estimate of $0.67, while revenue of $5.58 billion was in-line with expectations.
Shares fell more than 6% this week.
A sizable insider purchase at {0||Cimpress}}
Cimpress (NASDAQ:) Chairman/CEO, Robert Keane, bought 31,556 shares, or $1.2 million worth, at $37.41-$38.25. Shares were bought by the Keane Family Foundation.
The company reported its last month, with EPS of ($5.34) coming in worse than the consensus estimate of $1.32. Revenue was $845.2M, compared to the consensus estimate of $901M.
Two more insider trades
Seanergy Maritime (NASDAQ:) announced that its CEO Stamatis Tsantanis intends to purchase an aggregate of up to $1M in the company’s common shares in the open market, following the 1-for-10 reverse stock split, which is effective at the opening of trading on Feb 16.
This follows the previously announced open market purchases of 300,000 common shares concluded by Mr. Tsantanis in the past six months.
The company will report its Q4 earnings results on March 9 before the market opens.
Shares fell more than 12% this week.
Finally, Bark (NYSE:) CFO, Zahir Ibrahim, bought 100,000 shares, or $155,000 worth, at $1.55.
Read the full article here
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