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Insider Trading: 3 CEOs Recently Buying Shares
ZACKSยท 2025-04-11 16:15
Group 1: Insider Transactions - Recent insider buying activity has been noted among CEOs of GameStop (GME), MicroStrategy (MSTR), and Applied Materials (AMAT), which may indicate a positive long-term outlook for these companies [4][11] - GameStop's CEO Ryan Cohen purchased 500,000 shares for approximately $10.7 million, despite the stock being down nearly 20% year-to-date [2][11] - MicroStrategy's CEO Phong Le acquired 6,000 shares valued at around $510,000, with the stock up nearly 80% over the past year, significantly outperforming the S&P 500 [6][11] - Applied Materials' CEO Gary Dickerson bought 50,000 shares for just under $7 million, although the stock has faced challenges, down nearly 15% in 2025 [9][11] Group 2: Company Performance - GameStop's earnings outlook has improved recently, reflected in a bullish Zacks Rank 1 (Strong Buy), despite struggles in top-line growth over recent years [2][3] - MicroStrategy's stock performance is highly correlated with Bitcoin price movements, leading to increased volatility [8][11] - Applied Materials operates in a challenging environment due to a cooldown in the semiconductor industry, impacting its stock performance negatively [9][11]