Core Insights - Insider purchases have decreased in number and size as the second quarter begins, but notable purchases were still made by influential investors like Mario Gabelli and TotalEnergies [1] - Insider buying is often viewed as a positive signal for potential investors, especially during uncertain market conditions [1] Company Summaries - GAMCO Natural Resources, Gold & Income Trust - Total shares purchased: 870,000 - Price per share: 8.7 million - Shares have increased over 8% since the purchase, with a yield of about 7.4% and monthly distributions [3] - Boundless Bio Inc. - Total shares purchased: 512,500 - Price per share: 8.2 million - Shares have declined since the IPO, currently trading around 21.75 - Total cost: approximately 28.67 consensus price target [5] - Clearway Energy Inc. - Total shares purchased: almost 197,000 - Price per share: 23.08 - Total cost: around 3.24 to 1.9 million - The stock surged about 43% following FDA approval plans, with a consensus price target of $9.25 suggesting potential for nearly double the current price [8]
Insiders Scoop Up Shares of These 5 Stocks for the Second Quarter