Summary of Insider Trading Activities – December 10, 2024

This article summarizes the most significant insider buying and selling activities in US stocks reported on Tuesday, December 10, 2024.

Top Insider Buys:

Senseonics Holdings, Inc. (AMEX:NYSE:SENS)

Timothy T. Goodnow, President and CEO, purchased 315,000 shares of the company's common stock at a weighted average price of $0.31 per share, totaling $97,650. This purchase represents approximately 0.17% of the company's $184.55M market cap. Goodnow now holds 11,310,355 shares.
– Year-to-date decline: 46%
– Current ratio: 2.47

Avadel Pharmaceuticals PLC (NASDAQ:AVDL)

Geoffrey Michael Glass, a director, acquired 20,279 ordinary shares at prices ranging from $9.80 to $9.89 per share, amounting to around $199,640. Glass now holds 75,904 shares through trusts and 11,000 shares directly.
– Year-to-date decline: 41%
– Gross profit margin: 92%

Myers Industries Inc. (NYSE:NYSE:MYE)

Basque Dave, Interim President and CEO, purchased 15,000 shares at prices from $11.33 to $12.41, totaling approximately $179,350. He now holds 39,152 shares.
– Market cap: $450 million
– Dividend payments: 53 consecutive years

Nerdy Inc. (NYSE:NRDY)

Charles K. Cohn, CEO, acquired 168,361 shares at a weighted average price of $1.58, totaling $266,010. Cohn holds 13,194,231 shares indirectly through Rarefied Air Capital LLC.
– Recent momentum: 14% gain last week

Top Insider Sells:

SoundHound AI, Inc. (NASDAQ:SOUN)

Keyvan Mohajer, CEO, sold 833,435 shares at prices from $15.0009 to $15.0412, amounting to about $12.5 million under a pre-arranged Rule 10b5-1 plan.
– Year-to-date return: 571%

BeiGene, Ltd. (NASDAQ:BGNE)

Significant sales executed by stakeholders such as Baker Bros. Advisors, reflecting remarkable revenue growth of 50.22% and gross profit margins of 83.67% over the last year.

Ares Management Corp (NYSE:NYSE:ARES)

Kipp deVeer sold approximately $53.1 million worth of Class A common stock, conducted under a pre-established 10b5-1 trading plan, as Ares trades near its 52-week high.
– Year-to-date return: 51%

Confluent, Inc. (NASDAQ:CFLT)

Matthew Craig Miller executed sales valued at about $17 million, with strong momentum and a 38% return over the past year.

Investors should stay tuned to insider buying and selling activities for valuable insights into a company's prospects. While not the sole basis for investment decisions, these activities can enhance understanding when combined with other financial metrics and market analysis. Consider the overall financial health, market conditions, and relevant factors when interpreting insider trading patterns.

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