Executives Buying Core Scientific And 2 Other Stocks

Avi Kapoor

September 05, 2024

Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform.

Healthcare Realty Trust

The Trade: Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas N Bohjalian acquired a total of 14,000 shares at an average price of $17.88. To acquire these shares, it cost around $250,320.
What's Happening: On Aug. 2, Healthcare Realty Trust posted downbeat quarterly sales.
What Healthcare Realty Trust Does: Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties.

Westrock Coffee

The Trade: Westrock Coffee Company (NASDAQ:WEST) Director Joe T Ford acquired a total of 5,000 shares at an average price of $7.64. To acquire these shares, it cost around $38,200.
What's Happening: On Aug. 8, Westrock Coffee posted downbeat quarterly earnings.
What Westrock Coffee Does: Westrock Coffee Co is an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S, providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to retail, foodservice and restaurant, convenience store and travel center, non-commercial account, CPG, and hospitality industries around the world.

Core Scientific

The Trade: Core Scientific, Inc. (NASDAQ:CORZ) Director Jarrod M Patten bought a total of 5,021 shares at an average price of $9.68. To acquire these shares, it cost around $1.98 million. The company's President and CEO also bought $48,596 shares.
What's Happening: On Sept. 4, Needham initiated coverage on the stock with a Buy rating and announced a $16 price target.
What Core Scientific Does: Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services.

Read More:

Wall Street’s Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields

Recommended

President Trump and Elon Musk Issue Stark Warning - Ad

New "Living Missile" to Replace Nuclear Missiles - Ad

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

Mother Sells Taylor Swift Tickets Over Star's Endorsement Of Kamala Harris: 'I'm Gonna Shake It Off, And I'm Done With You'

A mother has chosen to sell the Taylor Swift concert tickets she had bought as a birthday present for her daughter in response to the pop star's recent endorsement of Kamala Harris.

Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL)

Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL) - Ad

Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple, not even Nvidia. Nope -- his research is pointing to a tiny, under-the-radar stock that's trading for just a few dollars right now... And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

A key employee who called the Titan unsafe will testify before the Coast Guard

A key employee who labeled unsafe prior to its last, fatal voyage was set to testify Tuesday before U.S. Coast Guard investigators.

The "Amazon Coin" -- To Be Bigger Than Bitcoin?

The "Amazon Coin" -- To Be Bigger Than Bitcoin? - Ad

Starting September 23rd, this tiny 3-cent crypto could partner with one of the biggest companies in the world... Amazon. Declassified video reveals "Amazon Coin" ahead of $27 trillion crypto revolution. One team of crypto experts have identified it as the most promising crypto of 2024.

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers

OMAHA, Neb. (AP) — Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to that had been parked on a side track for nine months in Southern California two years ago, killing an engineer and a conductor, according to a report issued Thursday.

Trump Misunderstands Taiwan's Role In Chip Industry, Says Economy Minister: 'The President Has A Lot On His Plate'

Trump had earlier suggested that Taiwan should compensate the U.S. for defense, accusing the island nation of taking American semiconductor business.

Oil = Monthly Income

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day

WASHINGTON (AP) — Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company , a crypto platform controlled by the Republican nominee's sons Donald Jr. and Eric.

Psychedelic Church Opens In Colorado Springs, CO Making History

Meet Colorado's first psychedelic church in Colorado Springs, where magic mushrooms and DMT are used for healing and creating community.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Scaramucci: Trump Wins Billionaires' Support Despite Coming Off As 'Raging Lunatic,' Harris Backs A 'Ridiculously Stupid Idea'

Trump is someone who can't keep to his messaging and his rival Kamala Harris can gain an upper hand by going on offensive, says Scaramucci.

Polling Veteran Nate Silver Says Kamala Harris Got The Debate She Wanted As Fatigued Trump Couldn't Bring His 'A-Game' After The Initial Momentum

Vice President Kamala Harris seems to have emerged as the winner of the first presidential debate between her and Republican cand

Why We Just Sold Half of Our Stocks

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Wall Street Eyes Strong Finish To The Week Despite Futures Suggesting Moderation In Tech Buying: Strategist Cautions Against Factoring Rapid, Steep Cuts Ahead Of Next Week's Fed Meeting

Now that the twin inflation reports are in the rearview mirror, U.S. stocks are hanging onto the slender optimism as traders look ahead to the Federal Reserve’s rate-setting meeting.

China's Chipmaking Investments Top US, Taiwan, South Korea Combined: What It Means For Nvidia, ASML

China invests $25 billion in chipmaking equipment, surpassing spending by South Korea, Taiwan, and the U.S. This could impact top chipmakers and suppliers like NVIDIA and ASML.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now)

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

Harris Vs. Trump: Vice President On Top By Three Points, How Her Lead Compares To The 2020 Election At This Point In Race

A new 2024 election poll of likely voters shows a three-point lead for Kamala Harris. There is good and bad news from the poll for the vice president.

Maryland awards contract for Francis Scott Key Bridge rebuild after deadly collapse

BALTIMORE (AP) — Maryland transportation leaders on Thursday approved a contract for rebuilding the Francis Scott Key Bridge several months after the 1.6-mile (2.6-kilometer) steel span of a massive container ship that lost power and crashed into one of its supporting columns.

DO NOT Make Another Trade Without Seeing This First

DO NOT Make Another Trade Without Seeing This First - Ad

Starting September 23... a huge secret of the markets could help you consistently target gains like: 126%... 245%... even 463% or more... often in 30 days or less... No matter what the market does next.

Utility ordered to pay $100 million for its role in Ohio bribery scheme

An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal.

A Palestinain TikTok star who shared details of Gaza life under siege is killed by Israeli airstrike

CAIRO (AP) — It was another day of , another day of what 19-year-old Palestinian TikTok star Medo Halimy called his “Tent Life."

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

Young girls are using anti-aging products they see on social media. The harm is more than skin deep

SACRAMENTO, Calif. (AP) — When she was in fifth grade, Scarlett Goddard Strahan started to worry about getting wrinkles.

Kroger and Albertsons prepare to make a final federal court argument for their merger

PORTLAND, Ore. (AP) — Kroger and Albertsons were expected to present their closing arguments Tuesday in a on their proposed merger, which the federal government hopes to block.

5 Stocks That Could Triple in a Week

5 Stocks That Could Triple in a Week - Ad

What if I told you that I have a system that has detected when these tiny stocks are on the verge of exploding... And what if I told you my system has targeted 5 new stocks that could triple as early as next week? Pay just $5 for a full year of Stealth Trades before this deal disappears!

Stalled In Bureaucratic Limbo, This German City Struggles With Illegal Cannabis As Demand Surges

The slow response is largely due to complex bureaucratic requirements. Applicants must provide extensive documentation.

Kamala Harris To Unveil $50K Tax Deduction For Small Businesses To Counter Trump's Economic Policies As She Looks To Win Over Middle-Class Voters

Vice President Kamala Harris is set to unveil a major tax deduction initiative aimed at new small businesses, ahead of the 2024 election, marking a significant policy move in her campaign.

Elon Musk: Without This Company, "Civilization Will Crumble"

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.

Tesla Bull Blames EV Giant For Elon Musk Missing Out On Time Magazine's 'Most Influential People' In AI, Says It Needs To 'Work Harder' On Managing Press

The Future Fund managing partner Gary Black on Thursday pinned the unfavorable media coverage on EV giant Tesla Inc to a lack of effort from the company to manage the press.

Do Not Day Trade (Do This Instead)

Do Not Day Trade (Do This Instead) - Ad

Forget day trading (especially in markets like these). Trade OVERNIGHT instead! I've uncovered a shocking way to take 100% certain events (mandated by the U.S. Government)...And target OVERNIGHT payouts like: 253%... 327%... Even 383%! Enough to potentially hand you profits of $25,300... $32,700... heck even $38,300!

Kentucky's Massive Cannabis Licensing Response: 5,000 Applications Filed Before Deadline

Nearly 5,000 medical cannabis license applications were filed in Kentucky by the August deadline, showing immense interest.

Trump's Attorney General William Barr Accuses Biden-Harris Admin Of Politicizing Cannabis Legalization, 'Ignoring Legal Standards, Scientific Evidence'

Casting aspersions on cannabis reform, Barr did not mention Donald Trump who recently said he supported weed reform in Florida.

Revealing Index Soars 49% - Smart Investors Are Moving In

Revealing Index Soars 49% - Smart Investors Are Moving In - Ad

The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.

Another New Jersey offshore wind project runs into turbulence as Leading Light seeks pause

Another offshore wind project in New Jersey is encountering turbulence.

Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Option To Buy Company's Merchandise

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Friday that he would like to have the option of paying with meme cryptocurrency Dogecoin (CRYPTO: DOGE) reinstated for the company’s merchandise.

Man Who Called Nvidia at $1.10 Says Buy This Now...

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Stellantis recalls 1.5M Ram trucks to fix software bug that can disable stability control

DETROIT (AP) — Stellantis is recalling nearly 1.5 million Ram pickup trucks worldwide to fix a software problem that can disable the electronic stability control system.

Trending Now