Manage Tickers

Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current
Analyst Rating Guide

News

Back

Insiders Buying American Software And 2 Other Stocks

Author: Avi Kapoor | July 09, 2024 07:26am

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform.

American Software

  • The Trade: American Software, Inc. (NASDAQ:AMSWA) Director James B Miller Jr acquired a total of 3,718 shares at an average price of $9.15. To acquire these shares, it cost around $34,014.
  • What's Happening: On June 6, American Software posted upbeat quarterly results.
  • What American Software Does: American Software Inc develops enterprise management and supply chain-related software and services.

Assembly Biosciences

  • The Trade: Assembly Biosciences, Inc. (NASDAQ:ASMB) 10% owner Alexander Schornstein acquired a total of 9,000 shares at an average price of $12.40. To acquire these shares, it cost around $111,631.
  • What's Happening: On June 20, HC Wainwright & Co. analyst Ed Arce reiterated Assembly Biosciences with a Neutral.
  • What Assembly Biosciences Does: Friedman Industries Inc is engaged in the manufacturing and processing of steel products.

Don’t forget to check out our premarket coverage here

Tile Shop Holdings

  • The Trade: Tile Shop Holdings, Inc. (NASDAQ:TTSH) 10% owner Pleasant Lake Onshore Feeder Fund LP bought a total of 105,000 shares at an average price of $6.82. To acquire these shares, it cost around $716,190.
  • What's Happening: On May 9, Tile Shop posted better-than-expected quarterly sales.
  • What Tile Shop Holdings Does: Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States.

Read More: Wall Street’s Most Accurate Analysts Say Buy These 3 Utilities Stocks Delivering High-Dividend Yields

Posted In: AMSWA ASMB TTSH


CORE & Plaid

CORE Finalist

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist