Friday Insider Activity: Top Buys and Sells in US Stocks

This article summarizes the most significant insider buys and sells from Friday, November 1, 2024, for US stocks.

Top Insider Buys:

ModivCare Inc (NASDAQ:MODV): Q Global Capital Management, L.P., a significant shareholder in ModivCare Inc, has increased its stake in the company. The firm purchased 139,515 shares over three consecutive days, from October 30 to November 1, at prices ranging from $15.89 to $16.15 per share. The total investment amounted to approximately $2.23 million, bringing Q Global Capital Management's total holdings to 1,721,617 shares of ModivCare's common stock.

Peoples Financial Corp (NASDAQ:PFBX): Chevis C. Swetman, CEO and President of Peoples Financial Corp, has demonstrated confidence in the company by purchasing 16,883 shares. The acquisition, valued at approximately $299,673, was made at a price of $17.75 per share. This transaction has increased Swetman's direct ownership to 414,049 shares in the state commercial bank based in Biloxi, Mississippi.

PBF Energy Inc. (NYSE:PBF ): Control Empresarial de Capitales S.A. de C.V. has significantly increased its stake in PBF Energy Inc. by purchasing additional shares valued at approximately $17.9 million. The transactions occurred over two days, with the company acquiring 300,000 shares on October 30 at an average price of $29.0051 per share and 322,000 shares on October 31 at an average price of $28.4889 per share. These purchases have brought Control Empresarial's total ownership in PBF Energy to 25,962,498 shares.

enGene Holdings Inc. (NASDAQ:ENGN): Forbion Growth Opportunities Fund I Cooperatief U.A. has acquired 561,797 common shares of enGene Holdings Inc. in a private placement. The shares were purchased at a price of $8.90 each, totaling approximately $4.99 million. This acquisition has increased Forbion's direct ownership to 3,032,430 shares. The transaction was conducted under a Subscription Agreement dated October 24, 2024, and completed on October 30, 2024.

Bankwell Financial Group, Inc. (NASDAQ:BWFG ): Lawrence B. Seidman, a director at Bankwell Financial Group, Inc., has increased his stake in the company through a series of transactions on October 31, 2024. Seidman acquired a total of 4,976 shares of Bankwell Financial's common stock, with the purchase price per share ranging from $29.06 to $29.20. The total value of these transactions amounted to approximately $144,664.

Top Insider Sells:

Carvana Co. (NYSE:NYSE:CVNA ): Paul Breaux, Vice President, General Counsel, and Secretary at Carvana Co., sold a total of 30,000 shares on October 31, 2024, with prices ranging from $237.31 to $241.51 per share. These sales amounted to a total of approximately $7.2 million. Additionally, Breaux exercised stock options to acquire 30,000 shares at a price of $10.07 per share.

Carvana Co. (NYSE:CVNA): Daniel J. Gill, the Chief Product Officer at Carvana Co., sold a total of 39,012 shares of Carvana's Class A common stock on October 31 and November 1, amounting to approximately $10.8 million. The shares were sold at prices ranging from $235.90 to $247.31 per share. Gill also acquired 19,879 shares at no cost on October 30 and disposed of 10,899 shares to cover tax obligations on vested restricted stock units.

Boyd Gaming Corp (NYSE:NYSE:BYD (SZ:002594 )): Ted Bogich, Chief Operating Officer of Boyd Gaming Corp, sold 25,194 shares of the company's common stock on October 31 at an average price of $69.28 each, amounting to a total transaction value of approximately $1.74 million. Following this sale, Bogich retains direct ownership of 64,424 shares in the company.

Boyd Gaming Corp (NYSE:BYD): William R. Boyd, a director at Boyd Gaming Corp, sold a total of 100,000 shares over two days, amounting to approximately $7.06 million. The first transaction took place on October 30, when Boyd sold 74,845 shares at a weighted average price of $70.97, totaling about $5.31 million.

Roblox Corp (NYSE:RBLX): Lee Anthony P, a director at Roblox Corp, sold 200,000 shares of Class A Common Stock, totaling approximately $10.07 million. The shares were sold at an average price of $50.33 on October 31, 2024, under a Rule 10b5-1 trading plan.

Staying informed about insider buying and selling activities can provide valuable insights for investors. These transactions may indicate insiders' confidence in their companies or potential concerns about future performance. However, it's important to remember that insider trades can occur for various reasons and should not be the sole basis for investment decisions. Always conduct thorough research and consider multiple factors before making any investment choices.

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Source: Investing.com