U.S. Markets closed
  • S&P 500

    4,662.85
    +3.82 (+0.08%)
     
  • Dow 30

    35,911.81
    -201.79 (-0.56%)
     
  • Nasdaq

    14,893.75
    +86.95 (+0.59%)
     
  • Russell 2000

    2,162.46
    +3.02 (+0.14%)
     
  • Crude Oil

    84.27
    +2.15 (+2.62%)
     
  • Gold

    1,817.30
    -4.10 (-0.23%)
     
  • Silver

    22.99
    -0.17 (-0.74%)
     
  • EUR/USD

    1.1416
    -0.0044 (-0.3881%)
     
  • 10-Yr Bond

    1.7720
    +0.0610 (+3.57%)
     
  • Vix

    19.19
    -1.12 (-5.51%)
     
  • GBP/USD

    1.3680
    -0.0030 (-0.2216%)
     
  • USD/JPY

    114.2000
    +0.0200 (+0.0175%)
     
  • BTC-USD

    42,860.33
    -771.56 (-1.77%)
     
  • CMC Crypto 200

    1,037.76
    +12.03 (+1.17%)
     
  • FTSE 100

    7,542.95
    -20.90 (-0.28%)
     
  • Nikkei 225

    28,124.28
    -364.82 (-1.28%)
     

3 Stocks Insiders Are Buying

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

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.

Asana

The Trade: Asana, Inc. (NYSE: ASAN) President, CEO and Chair Dustin Moskovitz acquired a total of 500000 shares at an average price of $99.96. The insider spent $49,981,962.72 to acquire those shares.

What’s Happening: Asana, last month, reported better-than-expected Q2 EPS and sales results.

What Asana Does: Asana Inc is a software company. The company provides a platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives.

Oracle

The Trade: Oracle Corporation (NYSE: ORCL) Director Rona Alison Fairhead acquired a total of 1286 shares at an average price of $85.12. To acquire these shares, it cost $109,464.32.

What’s Happening: The U.S. Supreme Court rejected Oracle’s appeal challenging the now-scrapped $10 billion cloud-computing contract the Pentagon awarded to Microsoft Corp in 2019, Bloomberg reported.

What Oracle Does: Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world.

Barnes & Noble Education

The Trade: Barnes & Noble Education, Inc. (NYSE: BNED) Director Zachary Levenick bought a total of 30000 shares at an average price of $10.11. To acquire these shares, it cost $303,189.00.

What’s Happening: Barnes & Noble Education, last month, reported better-than-expected Q1 results.

What Barnes & Noble Education Does: Barnes & Noble Education Inc is an operator of bookstores in college and university campuses across the United States and it also engaged in providing digital education services.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.