This article summarizes the most significant insider buying and selling activities reported on Tuesday for US stocks.
Top Buys:
MDB Capital Holdings, LLC (NASDAQ:MDBH): Anthony DiGiandomenico, co-founder and director of MDB Capital Holdings, LLC, acquired 16 shares at $6.25 per share on January 3, 2025, totaling $100. This purchase increased his direct ownership to 80,709 shares. The transaction price represents a slight discount to the current trading price of $6.47. MDB Capital Holdings, a Dallas-based finance services company with a market capitalization of $65.4 million, maintains strong liquidity with a current ratio of 13.42.
Texas Pacific Land Corp (NYSE:TPL): Horizon Kinetics Asset Management LLC, a significant shareholder, acquired one share of common stock at $1,224.12. This purchase reflects the firm's ongoing investment in the oil royalty company, which has delivered an impressive ~148% return over the past year. Texas Pacific Land boasts a 93% gross profit margin and maintains a "GREAT" financial health rating. Following this transaction, Horizon Kinetics holds a total of 1,168,023 shares in the company, now valued at approximately $29 billion by market capitalization.
Top Sells:
RH (NYSE:NYSE:RH): Chaya Eri, President and Chief Creative and Merchandising Officer, sold 10,000 shares of RH common stock, generating approximately $4.16 million. The sale prices ranged from $414.0093 to $419.0708 per share. Eri also exercised stock options to acquire 10,000 shares at $87.31 each. Following these transactions, Eri holds 23,643 shares indirectly through the Chaya-Smith Revocable Trust.
Workday, Inc. (NASDAQ:WDAY): David A. Duffield, a significant shareholder, sold 56,000 shares of Class A Common Stock through multiple transactions, generating a total of approximately $14.2 million. The shares were sold at prices ranging from $252.65 to $257.38. Following these transactions, Duffield holds 116,000 shares indirectly through the Dave and Cheryl Duffield Foundation.
Cadence Design (NASDAQ:CDNS) Systems, Inc. (NASDAQ:CDNS): Anirudh Devgan, President and CEO, sold 12,500 shares of common stock, generating approximately $3.6 million. The shares were sold at prices ranging from $286.46 to $291.00 per share. Devgan also exercised stock options to acquire 12,500 shares at $56.57 per share. Following these transactions, Devgan holds 93,275 shares of Cadence Design Systems common stock.
Robinhood Markets , Inc. (NASDAQ:HOOD): Baiju Bhatt, a director, sold 228,645 shares of Robinhood's Class A common stock, generating approximately $9.23 million in proceeds. The shares were sold at a weighted-average price of $40.37, with transaction prices ranging from $39.05 to $41.37.
Kellanova (NYSE:K): The W.K. Kellogg (NYSE:K) Foundation Trust sold 114,583 shares of Kellanova common stock, totaling approximately $9.31 million. The shares were sold at an average price of $81.28 each, near the stock's 52-week high of $81.39. Following this sale, the Trust holds 48,649,527 shares in the company.
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 or potential concerns. It's important to consider these activities alongside other fundamental and technical analysis when evaluating investment opportunities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.