Insider Buying Week 05-17-24 Biotech Bonanza

I was a little late in finishing the blog, as there were many more names to research. Most of the quarterly earnings are behind us, and it is heartening to see that insider buying has picked up a little. Speculative biotech is heating up.   Name: F Thomson Leighton Position: Chief Executive Officer Transaction Date: 2023-05-14 Shares Bought: 22,000 Average Price Paid: $92.68 Cost: $2,038,960 Company: Akamai Technologies Inc (AKAM) Akamai aims to empower and defend life online. Since 1998, Akamai has created and delivered technologies to help global businesses design, deliver, and protect their digital experiences on their widely … Read more

Insider Buying Week 5-26-23

It’s all AI, Chat GPT, large langauge models, and generative image models. Nvidia’s blowout quarter and guidance sent the market into a bull run seizure moment.  Meanwhile, you hear more and more stories about fake information generated by this “breakthrough AI,” including the latest example on Twitter where an attorney was reprimanded by a judge for his brief, which included fake prior cases entirely fabricated by AI. We can’t ignore the promise, but we certainly shouldn’t be blindsided by the hype. Tread carefully here. At the Insiders Fund, we try to filter out the noise. Here’s what real insiders are … Read more