"Insider buying may have slowed as earnings-reporting ramps up, yet the CEO of GameStop Corp. ( NYSE: GME) showed some love to the beleaguered retailer. Meanwhile, beneficial owners continue to build their stakes in Mission Produce Inc. ( NASDAQ: AVO), Under Armour Inc. ( NYSE: UAA), and W.R. Berkley Corp. ( NYSE: WRB). Though these were the most prominent insider purchases in the past week, there were a few other notable ones as well. Let's take a quick look at these transactions."
"Is Insider Buying Important? A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is especially so during times of market uncertainty, and even when markets are near all-time highs."
"W.R. Berkley Last spring, this buyer reached an agreement to acquire 15% of W.R. Berkley's shares. Mitsui Sumitomo expects to complete its investment in this Connecticut-based insurance holding company during the first quarter of 2026. Its stake is up to almost 54.6 million shares, or over 13%. The share price was last seen within the buyer's latest purchase price range. Yet, the stock is more than 2% lower than six months ago because of recent volatility due to profit-taking."
Insider buying activity eased as the fourth-quarter earnings-reporting season began, but selective insider and beneficial-owner purchases continued. The CEO of GameStop bought shares, while investors built positions in Mission Produce, Under Armour, and W.R. Berkley. Mitsui Sumitomo agreed to acquire roughly 15% of W.R. Berkley, aiming to complete the investment in early 2026 and increasing its stake to about 54.6 million shares, or over 13%. W.R. Berkley's price recently traded within the buyer's purchase range; the stock is slightly lower than six months ago but is up 16.7% year over year, and analysts remain cautious.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]