3 Stocks Insiders are Buying – 7/6

One of the best ways to spot opportunity is by following insiders who put their money where their mouth is. After all, if the company’s Chief Executive Officer, Chief Financial Officer, board member, or director is buying, it’s a good idea to start looking into why.

That’s because they’re typically privy to information on new products, competition, and the operating environment of the firm.  We have to consider that insiders who are buying their stock wouldn’t put up their own money unless they believed the move would be profitable.  Of course, it’s not always wise to base your own buying decisions solely on the actions of insiders.

But it’s a good start if you’re looking for potentially hot opportunities. Here are a few.

Company: Nerdy (SYM: NRDY)

Nerdy (SYM: NRDY) is a platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network.

While its stock performance is nothing to write home about, insiders are buying. CEO Charles Cohn just bought another 347,275 shares for about $652,877 between $1.83 and $1.95 per share. Helping, earnings haven’t been too shabby.

Stansberry Research

BUY ALERT: Tiny tech play partners with US government

The Federal Reserve is rolling out a powerful new financial technology across the entire U.S. banking system.

It’s forecasted to grow 24,290% in the near future…

Meaning, your bank is nearly certain to adopt it (if it hasn’t already).

But what’s really interesting is that an unknown tech play – which trades for less than $1 today – is already signed up as a key technology partner in this rollout.

Get the full story here while you can.

Company: RE/Max Holdings (SYM: RMAX)

Insiders have been buying RMAX, too.

10% holder Adam Petersen recently bought 60,629 shares at an average price of $8.3096 on June 21. On June 28, he bought 25,680 shares at around $8.2496. And on July 2, he bought another 26,522 shares at around $8.0278. 

RMAX is a good trade idea if you believe we’ll see softer inflation and rate cuts.

Trade Algo

Learn How Jack Harris Found Breakthrough In Trading By Using Dark Pool

Jack began as a retail trader who made nearly every mistake in options trading and lost a bunch of money. But everything changed when he uncovered a secret trading tool called “dark pool tracker.”

This Insiders Guide will uncover hidden data sources, professional guidane, and asset protection. HURRY, this wont last…

Don’t Miss Your Chance To Join Jack Harris, claim YOUR alerts + Free eBook today!

Company: RH (SYM: RH)

After a pullback in the stock, RH CEO Gary Friedman bought 6,955 shares at an average price of $213.6743, followed by 19,161 shares at $215.0784, and 8,084 shares at $215.9598 on June 25. The next day, Friedman continued his investments with 400 shares at $214.4562, 9,575 shares at $219.2883, and concluded with 2,099 shares at $219.8517,” says Investing.com.

deal of the month

best growth stocks

Alliance

Bundle package – lifetime subscriptions for all products

Categories

Recent posts

Tags

Connect with Us

Get FREE Daily Stock Tips

Join and receive market insider stock picks, trade alerts and unique investing insights
This field is for validation purposes and should be left unchanged.
By clicking the "Subscribe" button you are accepting our Terms of Use and Privacy Policy.

Join Waitlist

We’re sorry, but due to the popularity of our services, we have reached our max number of subscribers and are not currently accepting more. If spots become available, we will be sure to contact you. Please join the waitlist below.
Thank You!

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.