Insiders have been trading these 5 stocks: ((DKNG)), ((MMM)), ((CAT)), ((AGNC)) and ((ENPH)). Here is a breakdown of their recent trades and their value.
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DraftKings has seen significant insider activity with Director Harry Sloan purchasing 25,000 shares, valued at $757,500. This move was complemented by Director Gregory Westin Wendt, who acquired an additional 10,000 shares worth $302,700. These transactions suggest a strong vote of confidence in DraftKings’ future prospects by its leadership.
3M experienced notable insider sales as EVP HR Zoe L. Dickson divested a total of 27,455 shares. Her transactions included selling 13,629 shares for $2,314,528 and 13,826 shares for $2,347,369. These sales might indicate a strategic reallocation of assets or personal financial planning by the executive.
Caterpillar also witnessed substantial insider sales with Group President Anthony D. Fassino selling 8,184 shares for $4,666,353. Additionally, Group President Jason Kaiser sold 10,707 shares, bringing in $6,034,490. The sales by these key executives could reflect personal financial strategies or a response to market conditions.
AGNC Investment’s EVP and CFO Bernice Bell sold 20,000 shares, valued at $205,300. This transaction might be part of routine financial management or a reflection of her outlook on the company’s stock performance.
Enphase Energy saw a positive insider transaction with President & CEO Badrinarayanan Kothandaraman purchasing 5,000 shares for $153,400. This acquisition signals a strong belief in the company’s growth potential and aligns with the CEO’s commitment to Enphase Energy’s strategic direction.