This article summarizes the most significant insider buying and selling activities reported for US stocks on Monday, January 13, 2025.
Top Insider Buys:
Willamette Valley Vineyards Inc. (NASDAQ:WVVI)
Sarah Alice Rose, a director at Willamette Valley Vineyards Inc., made a notable purchase of 5,000 shares on January 10. The shares were acquired in two transactions at prices ranging from $3.638 to $3.709 per share, totaling an investment of $18,466. This purchase is particularly interesting as the stock has gained over 10% year-to-date. Following these transactions, Rose now holds 5,000 shares directly in the company, which has a market capitalization of $19.1 million.
iBio, Inc. (AMEX:IBIO)
Felipe Duran, the Chief Financial Officer of iBio, Inc., acquired 9,191 shares of the company's common stock on January 10. The purchase was made at $2.72 per share, amounting to approximately $24,999. This transaction was part of a Securities Purchase Agreement with iBio, Inc. Following the acquisition, Duran now holds a total of 11,139 shares directly. The stock has shown impressive performance with a 118% return over the past year.
Olema Pharmaceuticals, Inc. (NASDAQ:OLMA)
Bain Capital Life Sciences Investors, LLC, a major stakeholder in Olema Pharmaceuticals, Inc., purchased 300,000 shares of the company's common stock on January 8. The acquisition was made at a weighted average price of $5.7579 per share, totaling an investment of approximately $1.73 million. This purchase is significant as it comes at a time when OLMA is trading near its 52-week low of $4.93, with the stock down over 59% in the past six months.
ABRDN Asia-Pacific Income Fund, Inc. (NYSE:FAX)
MetLife (NYSE:MET) Investment Management, LLC acquired $1 trillion worth of 3.70% Series D Senior Secured Notes due August 10, 2032, from ABRDN Asia-Pacific Income Fund, Inc. on January 9. This substantial transaction reflects the aggregate principal amount of the notes purchased. FAX maintains a strong financial position with a current ratio of 3.88 and offers a substantial 13.19% dividend yield.
PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY)
Robert Cignarella, a portfolio manager at PGIM Short Duration High Yield Opportunities Fund, acquired 17,000 shares of the fund on December 31, 2024. The shares were purchased at $16.20 each, resulting in a total transaction value of $275,400. Following this acquisition, Cignarella now holds 35,000 shares directly. The fund, with a market capitalization of approximately $399 million, currently offers an attractive 8% dividend yield.
Top Insider Sells:
Meta Platforms, Inc. (NASDAQ:META)
Mark Zuckerberg, the Chairman and CEO of Meta Platforms, Inc., sold shares valued at approximately $7.98 million on January 10. The sales occurred at prices ranging from $600.48 to $629.08 per share. These transactions were conducted by the Chan Zuckerberg Initiative Foundation under a pre-established trading plan. In a separate transaction on the same day, Zuckerberg sold an additional 22,946 shares through CZI Holdings, LLC, yielding approximately $14.1 million.
Atlassian Corp (NASDAQ:TEAM)
Michael Cannon-Brookes, CEO and co-founder of Atlassian Corp, executed several stock sales on January 10, totaling approximately $3.87 million. The transactions involved the sale of Class A Common Stock at prices ranging from $242.25 to $247.11 per share. Similarly, Scott Farquhar, a director and significant shareholder of Atlassian Corp, sold 16,896 shares on the same day, amounting to a transaction value of approximately $3.87 million.
Datadog Inc . (NASDAQ:DDOG)
Alexis Le-Quoc, Chief Technology Officer of Datadog Inc., sold a total of 127,105 shares on January 8, generating proceeds of approximately $17.95 million. The shares were sold at prices ranging from $139.86 to $141.76.
Investors should stay tuned to insider buying and selling activities as they can provide valuable insights into a company's prospects. While insider transactions alone should not be the sole basis for investment decisions, they can offer clues about management's confidence in the company's future performance. However, it's important to consider these transactions in the context of broader market trends, company fundamentals, and individual investment goals.
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