Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

5 hot insider trades: Travelzoo, CarMax

Published 09/01/2023, 12:55
Updated 09/01/2023, 12:55
© Reuters.

Here are some of the biggest insider trades from the past week, as first reported on InvestingPro.

Travelzoo (NASDAQ:TZOO) Chairman, Ralph Bartel, bought 3.41 million shares, or about $15 million worth, at $4.40. The purchase brings his stake to 7,906,603 shares. The stock rose some 11% for the holiday-shortened week.

CarMax (NYSE:KMX) CEO, William Nash, bought 8,220 shares on 12/30/22, or $500,000 worth, at $60.98. Shares of KMX lost ground last month on a big earnings and guidance miss, although they've since recovered and closed last week up around 6.6%.

Hirequest (NASDAQ:HQI) CEO, Richard Hermanns, bought 6,316 shares, or some $95,000 worth, from 12/29/22-12/30/22 at $14.8845-$15.1861. He owns 3,480,814 shares following the purchases. Shares gained some 7% last week.

Helbiz (NASDAQ:HLBZ) CEO, Salvatore Palella, bought 650,000 shares, or about $85,000 worth, on 01/03/23 at $0.13. That brings his total owned shares to 11,228,925. The stock, which surged on meme-stock hype in 2021 and 2022 before taking a long, tumultuous plunge into penny-stock territory more recently, rose some 3% to $0.1283 last week.

Comera Life Science (NASDAQ:CMRA) 10% owner, David Soane, bought 202,701 shares, or about $250,000 worth, on 01/04/23 at $1.23. Shares gained 17% to $1.51 last week.

***

If you’re interested in upgrading your search for new investing ideas, check out InvestingPro.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.