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Notable Insider Buying at Disney and More This Week
DisneyDisney(US:DIS) 24/7 Wall Streetยท2024-05-12 13:15

Core Insights - Insider buying activity has been notable in various companies, indicating potential confidence in stock price increases despite market uncertainties [3][21] - The article highlights specific companies where insiders have made significant purchases, providing insights into their financial performance and stock outlooks [5][7][9][11][14][16][19] Company Summaries - Vestis Corp.: Insiders purchased almost 3.6 million shares at prices ranging from $9.21 to $10.66, totaling over $35.6 million. The stock is down about 50% year-to-date but analysts recommend buying [5] - Sensata Technologies: A director bought over 268,300 shares at $38.98 to $40.31, costing more than $10.6 million. The stock is up over 15% year-to-date, with a consensus price target of $47.27 indicating an 11% upside [7] - EyePoint Pharmaceuticals: A 10% owner acquired 850,000 shares at $11.08 to $12.95, totaling nearly $10.1 million. Despite a 45% decline year-to-date, analysts expect a price target of $40.11, suggesting a 237% potential gain [9] - Aon PLC: A director purchased 10,000 shares at $275.34 to $277.67 for over $2.7 million. The stock is down 13% year-over-year, but analysts have a consensus target of $327.36, indicating a potential gain of over 13% [11] - RXO Inc.: A 10% owner bought over 135,400 shares at $20.07 to $20.40, costing over $2.7 million. The stock is down about 11% year-to-date, with analysts maintaining a cautious outlook [14] - Macerich Co.: Executives, including the CEO, purchased less than 158,400 shares at $14.26 to $16.06, totaling almost $2.3 million. The stock is about 10% lower than three months ago, with analysts showing limited upside [16] - Walt Disney Co.: A director bought 20,000 shares at $105.98 to $106.07 for around $2.1 million. The stock is up over 17% year-to-date, with a consensus price target of $116.37, suggesting a 9.9% potential gain [19] Additional Insider Buying - Other companies with reported insider buying include American Homes 4 Rent, Blackstone, Caesars Entertainment, Caterpillar, and more, indicating a broader trend of insider confidence across various sectors [21]