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Executives Buying Core Scientific And 2 Other Stocks
CORZCore Scientific(CORZ) Benzinga·2024-09-05 11:03

Core Insights - U.S. stocks closed mixed, but notable insider trades indicate confidence in company prospects [1] - Insider purchases can signal opportunities to go long on stocks, although they should not be the sole indicator for investment decisions [1] Company Summaries Healthcare Realty Trust - Director Thomas N Bohjalian acquired 14,000 shares at an average price of 17.88,costingapproximately17.88, costing approximately 250,320 [3] - The company reported downbeat quarterly sales on August 2 [3] - Healthcare Realty Trust focuses on owning, leasing, and managing outpatient facilities and other healthcare properties [3] Westrock Coffee - Director Joe T Ford acquired 5,000 shares at an average price of 7.64,costingaround7.64, costing around 38,200 [4] - The company posted downbeat quarterly earnings on August 8 [4] - Westrock Coffee provides integrated coffee, tea, flavors, extracts, and ingredients solutions, serving various industries globally [4] Core Scientific - Director Jarrod M Patten bought 5,021 shares at an average price of 9.68,costingabout9.68, costing about 1.98 million; the President and CEO also purchased 48,596 shares [5] - Needham initiated coverage on the stock with a Buy rating and a $16 price target on September 4 [5] - Core Scientific is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, and related services [5]