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Insider Activity Roundup: Friday's Key Buys and Sells in US Stocks

EditorFrank DeMatteo
Published 10/12/2024, 01:02 am
© Reuters.

This article summarizes the most significant insider buying and selling activities reported for US stocks on Friday.

Top Insider Buys:

PetMed Express Inc. (NASDAQ:PETS)

Leslie C.G. Campbell, a director at PetMed Express Inc., significantly increased his stake in the company. Campbell purchased 60,000 shares of common stock over December 4 and 5, 2024, at prices ranging from $5.359 to $5.46 per share, totaling an investment of $324,635. The purchases were made through direct acquisitions and the Leslie C.G. Campbell 2020 Irrevocable Trust. Following these transactions, Campbell's direct ownership increased to 85,000 shares, with an additional 30,000 shares held by the trust.

CalciMedica, Inc. (NASDAQ:CALC)

Fred A. Middleton, a director and significant shareholder of CalciMedica, Inc., acquired 4,800 shares of the company's common stock on December 6th at $2.65 per share, totaling $12,720. This purchase increased Middleton's direct ownership to 36,514 shares. He also holds indirect ownership interests through various entities, including Sanderling Venture Partners and Golden Triangle Ventures.

ModivCare Inc (NASDAQ:MODV)

Q Global Capital Management, L.P., a significant shareholder of ModivCare Inc, increased its stake in the company with purchases totaling approximately $800,863. The firm acquired 45,465 shares at prices ranging from $17.57 to $17.74 per share over three consecutive days, from December 4 to December 6, 2024. Following these transactions, Q Global Capital Management's total holdings in ModivCare rose to 1,967,098 shares.

Contango ORE, Inc. (NYSEAMERICAN:CTGO)

Brad Juneau, President and CEO of Contango ORE, Inc., purchased 10,000 shares of the company's stock at prices ranging from $11.50 to $11.99. Following this acquisition, Juneau holds a total of 306,112 shares directly, with additional indirect ownership through various entities. The company recently reported significant earnings from its gold mining operations within the Peak Gold Joint Venture.

Myers Industries Inc . (NYSE:NYSE:MYE)

Lori A. Lutey, a director at Myers Industries Inc., acquired 1,000 shares of the company's common stock at $12.15 each, totaling $12,150. Following this acquisition, Lutey holds 12,500 shares indirectly through the Phillip & Lori Lutey Revocable Trust and directly owns 30,078 shares of Myers Industries stock.

Top Insider Sells:

BlackRock, Inc. (NYSE:NYSE:BLK)

Several top executives at BlackRock, Inc. executed significant stock sales:

Mark Wiedman, Senior Managing Director, sold 36,190 shares for approximately $37.85 million, while also exercising options to acquire the same number of shares.

Christopher J. Meade, General Counsel and Chief Legal Officer, sold shares worth approximately $18.8 million and exercised options to acquire 18,000 shares.

Robert Goldstein, Chief Operating Officer, sold shares totaling $56,485,636 and exercised options to acquire 54,000 shares.

Laurence Fink, Chairman and CEO, sold 47,700 shares worth a total of $50.4 million.

Tesla, Inc. (NASDAQ:TSLA)

Kathleen Wilson-Thompson, a director at Tesla, Inc., sold 100,000 shares of the company's stock at prices ranging from $244.01 to $245.75 per share, totaling approximately $24.5 million. Prior to the sales, Wilson-Thompson exercised options to acquire 100,000 shares at $14.99 per share.

Investors should stay tuned to insider buying and selling activities as they can provide valuable insights into a company's prospects. While insider sales may occur for various personal reasons and do not necessarily indicate a lack of confidence in the company, significant insider purchases often suggest that those with intimate knowledge of the company believe in its future potential. However, it's important to consider these transactions as just one factor in a comprehensive investment analysis.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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