Investing
6 biggest insider trades: Asana CEO to buy 30 million shares | Pro Recap
© Reuters.
By Davit Kirakosyan
Investing.com — Here are the 6 biggest insider trades from the past week you may have missed on InvestingPro. Start your free 7-day trial to get this news first.
Asana CEO plans to buy 30 million shares
Asana (NYSE:) shares jumped more than 18% on Thursday after its and the CEO announced he plans to buy more shares of the company.
CEO Dustin Moskovitz, who purchased 19M shares of Asana stock in September 2022, announced an additional 30M share trading agreement, further demonstrating his faith in the company and removing any doubt surrounding Asana’s liquidity.
SoFi Technologies CEO buys $1M shares
SoFi Technologies (NASDAQ:) CEO, Anthony Noto, bought 180,000 shares, or nearly $1M worth, at approximately $5.53. The purchase brought his stake to 5,984,110 shares.
However, shares plunged more than 8% on Friday, likely related to contagion issues related to SVB, with the volume being heavier than normal.
Keurig Dr Pepper CFO buys $1.7M shares
Keurig Dr Pepper (NASDAQ:) CFO, Sudhanshu Shekhar Priyadarshi, bought 50,000 shares, or around $1.7M worth, at $34.3-$34.47.
At the end of February, Priyadarshi bought a separate 20,000 shares worth $711,800.
The company will report its Q1/23 earnings on April 27.
3 more insider buys
- Figs (NYSE:) CEO, Catherine Eva Spear, bought 790,000 shares, or nearly $5M worth, at $6.0616-$6.3159.
Shares fell nearly 12% this week.
- Tetra Technologies (NYSE:) saw several insider buys this week, including from the CEO and CFO.
CEO Brady Murphy, bought 30,000 shares, or around $100,000 worth, at $3.41. CFO Elijio Serrano, bought 30,000 shares, or around $100,000 worth, at $3.45.
SVP – Supply Chain & Chemicals, Timothy Moeller, bought 7,250 shares, or around $25,000 worth, at $3.44. EVP Matthew Sanderson, bought 7,500 shares, or around $25,000 worth, at $3.40.
Shares closed around 10% lower this week.
- Opko Health (NASDAQ:) CEO/Chairman, Phillip Frost, bought 1M shares, or around $1.17M worth, at $1.12-$1.29.
Read the full article here
-
Side Hustles6 days ago
San Francisco Pizzeria Found Success With Unique Menu
-
Side Hustles4 days ago
United Airlines Adding Starlink, Free WiFi to All Flights
-
Passive Income5 days ago
Correct Your Spelling Errors on PDFs With This All-in-One PDF Tool
-
Passive Income3 days ago
Reduce Your Business Expenses With This $30 Microsoft Office Alternative
-
Side Hustles6 days ago
Who Are the Billionaires Backing Trump or Harris?
-
Side Hustles5 days ago
There’s a Burnout Crisis in American Workplaces — and This Is the Solution
-
Personal Finance4 days ago
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
-
Passive Income6 days ago
Why You Need to Align Your Values and Virtues for Success