Lyft Inc

Insider Buying Week 11-15-24- Animal Spirits are Back!

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After weeks of nonexistent insider buying, other than hedge funds which I generally dismiss as informed but not that meaningful OPM other people’s money, insiders have come back with a vengeance.  Some likely unleashed by Trump’s change of regime optimism, while others were likely motivated as the market prematurely selected winners and losers. Centene insiders began buying shares shortly after the election results raised concerns about government funding for healthcare. Enphase, already struggling, faced further declines as solar energy incentives came into question. Meanwhile, semiconductor stocks, with the sole exception of Nvidia, are dropping sharply due to the potential reintroduction … Read more

Insider Buying Week 08-16-24 Party On!

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The market just posted its best week of the year as investors seemed to grasp that the Federal Reserve’s known rate cuts trumped the unknowns from either Presidential candidate, plus whatever Iran had in mind as payback would not be sufficient to risk the devastation wrought by an Israeli strike bolstered by the U.S. Defense Department. Party on! We have also tracked a noticeable pickup in insider buying, mostly in obscure names but something is better than nothing. This weeks highlights include: Name: Thomas C ERB Position: Director Transaction Date: 2024-08-13 Shares Bought: 2,000 Average Price Paid: $112.94 Cost: $225,880 … Read more

Insiders made some notable gains last week 9-01-23

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August ended on a low note as all three leading market indexes lost ground, with the Dow Jones Industrial Average (DJIA) falling 2.5%, the Nasdaq down 2.2%, and the S&P 500 off 1.7%. Insiders made some notable gains last week on their purchases, but since they are subject to the short-swing rule, it doesn’t really matter much to them since any short-term profits would have to be disgorged. For the most part, these insiders were bottom feeders on depressed company stock. You can be an insider, too– by clicking here   Name: James Hollingshead Position: President and CEO Transaction Date: … Read more

Insider Buying Week 8-18-23 before the Potential Powell Shitstorm in Jackson Hole

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We look at insider buying this week before the potential shitstorm next week.  It’s hard to believe that Longs can make money on the S&P 500 before a looming Fed Chairmen’s speech on Friday, August 25, at the annual Jackson Hole conference The central bankers, policymakers, and economists at Jackson Hole attempt to steer the global economy.  Powell unveiled his Paul Volker channeling act last Summer, setting off a one thousand-point drop in the Dow.  That’s too obvious a trade and likely crowded. If Powell is interpreted as anything dovish on the rate hikes, there could be a rip-your-face-off rally.  But … Read more