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Notable Insider Buys This Past Week: HP, UPS And More

* Insider buying can be an encouraging signal for potential investors. * Some insiders took advantage of a secondary offering last week. * Two chief executives also have stepped up to the buy window.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and global economic gloom. The following are some of the …read more […]

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Saudis Raise Crude Pricing to All Regions as OPEC+ Extends Cuts

(Bloomberg) — Saudi Arabia raised crude pricing to all regions a day after OPEC+ producers extended historic output cuts for another month to bolster oil’s rally, according to a pricing list seen by Bloomberg.The pricing decision for July exports to Asia is the second consecutive increase for most of the grades state producer Saudi Aramco sells to its biggest market, the information showed.Aramco raised pricing for crude grades to Asia by between $5.60 and $7.30 a barrel — more than expected. Pricing for the key Arab Light grade to Asia was hiked by $6.10 to a premium of 20 cents …read more […]

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AstraZeneca Approached Gilead For Potential Merger – Report

UK-based pharmaceutical company AstraZeneca Plc (AZN) is reportedly interested in a potential merger with rival drugmaker Gilead Sciences Inc. (GILD) in what would be the biggest health-care deal on record.Bloomberg reported on Sunday that AstraZeneca informally contacted Gilead last month to show its interest in a possible deal. The pharmaceutical company didn’t specify terms for any transaction, which if successful would tie together two companies advancing the development of a vaccine against COVID-19.According to the report, Gilead has discussed a potential deal with advisers, but no decisions have been made on how to proceed and the companies aren’t in formal …read more […]

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Is Alaska Air Group, Inc. (ALK) A Good Stock To Buy According To Hedge Funds?

In this article we will check out the progression of hedge fund sentiment towards Alaska Air Group, Inc. (NYSE:ALK) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 […] …read more […]

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Hedge Funds Are Buying Ares Capital Corporation (ARCC)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

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Is Zscaler, Inc. (ZS) Going to Burn These Hedge Funds?

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]

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Hedge Funds Have Never Been This Bullish On AGNC Investment Corp. (AGNC)

In this article you are going to find out whether hedge funds think AGNC Investment Corp. (NASDAQ:AGNC) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […] …read more […]

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Hedge Funds Are Selling Kohl’s Corporation (KSS)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]

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Genius Brands Will Be A $1.50 Stock Within A Month: Hindenburg Research

Hindenburg Research on Genius Brands Since early May, and even accounting for yesterday’s plunge, shares of small TV production company Genius Brands International Inc (NASDAQ:GNUS) have appreciated in value by more than 20x on relatively mundane news. We think the stock will drop as quickly as it skyrocketed. The company itself appears to agree with us, believing its […] …read more […]