Insiders are taking full advantage of down, but not out stocks.
Look at Wynn (SYM: WYNN), for example.
After dropping from about $93 to a low of about $65, one of Wynn’s biggest investors bought a substantial number of shares. In fact, earlier this month, the owner of the Houston Rockets, Tilman Fertitta paid about $27.9 million for 400,000 shares of WYNN.
Helping, Wynn just posted a strong fourth quarter. Plus, its focus on growth is evident with its UAE project, which is set to open in 2027. Also, with $3.5 billion in liquidity and recent stock buybacks ($150 million in Q1 2025 and $200 million in Q4 2024), Wynn has shown it’s committed to shareholder returns.
Wynn also just paid out a dividend of 25 cents per share on March 5.
Goldman Sachs (SYM: GS)
Oversold shares of Goldman Sachs are also starting to pivot higher.
Last traded at $509.49, we’d like to see GS retest $600 initially.
Helping, one of the firm’s newest directors, and CEO of Hess Corp., John Hess just paid $2 million for 3,904 shares of GS at an average price of $511.68 per share.
Goldman Sachs also just announced a buyback of $40 billion worth of stock. It also posted strong earnings, with EPS of $14.12 beating estimates by $1.85. Revenue of $15.06 billion, up 6% year over year, beat by $350 million. Plus, GS just declared a quarterly dividend of $3, which is payable on June 27 to shareholders of record as of May 30.
Salesforce (SYM: CRM)
Salesforce director Oscar Munoz just paid $1 million for 3,882 shares at an average price of $257.28 per share. All after the company posted mixed earnings, which included EPS of $2.78 (which beat estimate by 17 cents) and revenue of $9.99 billion (which missed by $50 million).
Plus, it appears most of the tariff-negativity has been priced into enterprise software stocks. After all, according to Bank of America, related stocks were the most exposed to tariffs on trading partners, including China and Taiwan.
With insiders snapping up shares in companies like Wynn, Goldman Sachs, and Salesforce, it’s clear that smart money knows when to strike — even when the crowd is doubtful.
Pundits chuckled when DoorDash hit the scene…
When DoorDash first hit the scene, critics brushed it off as “nothing new.”
And here’s the kicker: they were right.
Yet the founders of this “delivery business” knew something that the rest of the world missed.
Today, DoorDash is worth $79 Billion, with a valuation increase of 110,800% for early investors.
But there may be a second chance with a company that recently grew 32,481%.
No, it’s not a food delivery service…
It’s a company that rests at the intersection of three fast-growing global markets, driven by the same vision of turning personal assets into income streams.
Mode Mobile is tapping into the earning potential of smartphones, and the results speak for themselves:
- Helped users earn and save more than $325 million
- $75M+ in revenue and growing.
- #1 in software on Deloitte’s 2023 fastest-growing companies list.
There are over 8 billion smartphones and Mode has gained the support of over 40,000 investors.
Here’s your chance to be one of them.
But their pre-IPO share price is changing on May 1st.
⚠️ Act Now – Nasdaq ticker secured and price set to move on May 1st.
