Investors should always be on the lookout for insights that could give them an edge in the stock market, and one potential source of such information is insider buying activity. When company insiders, such as executives or board members, buy shares of a company’s stock, it can be seen as a vote of confidence in the company’s prospects. Publicly available insider buying information can provide valuable clues about which stocks may be worth considering for investment.
Here are three stocks recently purchased by C-level insiders –
Alpha Teknova, Inc. – SYM: TKNO
Recent Price: $2.13
Insider Action: 5 insiders buy $16 mil in shares
Description: Alpha Teknova, Inc. produces critical reagents for the research, discovery, development, and commercialization of novel therapies, vaccines, and molecular diagnostics. The company offers pre-poured media plates for cell growth and cloning; liquid cell culture media and supplements for cellular expansion; and molecular biology reagents for sample manipulation, resuspension, and purification.
Legendary investor Eric Fry, has had his pulse on the market for over 30 years. And now, in his latest video presentation, Fry unveils what he believes to be the biggest wealth building opportunity in the world right now. We’re talking about a radical piece of technology that Elon Musk, Peter Thiel and other Silicon Valley insiders are involved with. One that is on track to mint more millionaires and billionaires that the Internet. Mark Cuban says this tech could produce the world’s first trillionaire.
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Bridgford Foods Corporation – SYM: BRID
Recent Price: $11.16
Insider Action: 4 insiders buy $314K in shares
Description: Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company primarily offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products. It provides approximately 130 frozen food products to food service and retail customers through wholesalers, cooperatives, and distributors; and 160 snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. The company was founded in 1932 and is headquartered in Dallas, Texas. Bridgford Foods Corporation is a subsidiary of Bridgford Industries Incorporated.
Elon Musk, the man who never stops pushing boundaries just did something astonishing. He just unleashed this new project… One that an ex-Google engineer says is more powerful than the atomic bomb. And now…he’s having his own “Oppenheimer moment”. Goldman Sachs economists are already warning that 300 million jobs could simply disappear. One industry insider even warned that “Nobody is safe.” Millions of Americans will be unprepared, but you do NOT have to be one of them.
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Everbridge, Inc. – SYM: EVBG
Recent Price: $21.76
Insider Action: 4 insiders buy $335K in shares
Description: Everbridge, Inc. operates as a software company that enables customers to anticipate, mitigate, respond to, and recover from critical events in North America and internationally. The company offers Critical Event Management, a SaaS based platform, which offers various software applications for organizations for safeguarding business operations, people resilience, digital operations, smart security, and public safety. The Company’s enterprise applications include Mass Notification, Safety Connection, IT Alerting, Visual Command Center, Public Warning, Community Engagement, Risk Center, Crisis Management, CareConverge, Control Center, 911 Connect, Travel Risk Management, SnapComms, and E911 for automating various critical event management processes. It serves enterprises, small businesses, non-profit organizations, educational institutions, and government agencies in technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, higher education, and professional services industries. The company was formerly known as 3n Global, Inc. and changed its name to Everbridge, Inc. in April 2009. The company was founded in 2002 and is based in Burlington, Massachusetts.