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

November 18 Changes the Microchip Game - and Investing - Ad

The Tesla Shock Nobody Sees Coming - Ad

The Next Biggest Bull Run In Over 50 Years - Ad

Trump defends strike on drug sub, says it targeted fentanyl-laden vessel heading to US. Two survivors were rescued.

Move Over, Musk—The World's Richest Woman Joined the $100B Club

Alice Walton, daughter of Walmart founder Sam Walton, is the richest woman in the world worth more than $100 billion.

Elon's New Device Could Launch Biggest IPO of the Decade

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

Shares of D-Wave Quantum are trading lower Wednesday afternoon, caught in a broader market downturn.

Tim Cook To Depart, Steve Jobs' Lesson For Guy Kawasaki And More: This Week In Appleverse

From executive shake-ups at Apple to TSMC's revenue surge and Goldman's take on the AI boom, here are the top Apple stories.

The 7 Red Flags Wall Street Won't Talk About

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

Mark Cuban Shares His Top Strategies for Protecting Wealth After Hitting Millionaire Status

Mark Cuban once disclosed his strategies for preserving wealth after becoming a millionaire. These insights could be beneficial for anyone aiming to secure their financial future.

Trump's $300 Million White House Ballroom Could Soon Bear A Very Familiar Name

President Donald Trump is reportedly planning to name his new $300 million White House ballroom after himself.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after January 29, it may be too late.

Short Squeeze in Silver and Rare Earths, Taco Traders Euphoric, Trump Seeks Diplomatic Path

To gain an edge, this is what you need to know today.

Trump's immigration crackdown weighs heavy on the US labor market

Maria worked cleaning schools in Florida for $13 an hour. Every two weeks, she’d get a $900 paycheck from her employer, a contractor. Not much — but enough to cover rent in the house that she and her 11-year-old son share with five families, plus electricity, a cellphone and groceries.

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system...

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

Doug Lebda, Founder And CEO Of LendingTree, Dies In ATV Accident

The founder and CEO of LendingTree, tragically passed away this past weekend.

First Brands founder resigns amid accounting scandal and billions in missing funds

The founder and CEO of First Brands resigned Monday, weeks after the auto parts supplier filed for bankruptcy protection amid an accounting scandal that has left lenders scrambling for more than $2 billion in missing funds.

Gold Is Being Reintroduced Into the Monetary System

Gold Is Being Reintroduced Into the Monetary System - Ad

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

Cracker Barrel Co-Founder Blasts CEO For $700 Million Rebranding Failure And Knowing 'Very Little' About Brand's Roots: 'Taco Bell Is Not...'

The co-founder of Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL), Tommy Lowe, has publicly criticized the company's CEO, Julie Felss Masino, for being disconnected from the brand's core values and its loyal customer base.

XRP Down 4%: Why $2.30 Is The Last Defense Before A Flush To $1.60

XRP (CRYPTO: XRP) is down 4% to $2.39 on Wednesday as traders brace for a potential breakdown below $2.30 — the final support before a deeper retracement that could erase months of gains.

The "Mar-A-Lago Accord" Is Now Underway

The "Mar-A-Lago Accord" Is Now Underway - Ad

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

Elizabeth Warren Says Trump Is 'Plotting' To Reduce Social Security Benefits For Older Americans: 'We Must Call It Out And Stop These Cuts'

Sen. Warren accuses Trump of planning to cut Social Security benefits for older Americans, citing a report and ongoing debate. Trump denies it.

Krispy Kreme (DNUT) Stock Is Surging Wednesday: What's Going On?

Shares of Krispy Kreme are surging Wednesday, lifted by a wave of renewed retail investor interest in meme stocks.

November 18: D-Day For The Dollar

November 18: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Supreme Court will consider whether people who regularly smoke pot can legally own guns

WASHINGTON (AP) — said on Monday that it will consider whether people who regularly smoke marijuana can legally own guns, the latest firearm case to come before the court since .

Stock Market Today: S&P 500, Nasdaq, Dow Jones Futures Rise— Micron, Bitmine, Coinbase In Focus

U.S. stock futures rose on Monday following Friday’s advances. Futures of major benchmark indices were higher.

November 18 Changes the Microchip Game - and Investing

November 18 Changes the Microchip Game - and Investing - Ad

George Gilder-dubbed "America's #1 Futurist"-says while everyone's chasing AI, the real opportunity is in a 4-nanometer tech millions of times more complex. It's not another chip - it replaces them. Now built in Arizona, Gilder says 3 companies tied to this "super-convergence" could soar.

China May Have Made A Breakthrough With Solid State Batteries Offering 600-Mile+ Range, Here's What You Should Know

Chinese researchers' share breakthrough in EV battery technology with solid-state batteries offering 600+ mile range and weighing 220 lbs.

QuantumScape CEO Says Volkswagen Partnership Paves Way For Solid-State Car By 2030

QuantumScape Corp CEO says partnership with Volkswagen will help develop solid-state batteries for cars, targeting production by 2030

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Scienture Holdings Stock Is Soaring Thursday: What's Fueling The Momentum?

Shares of Scienture Holdings, Inc. (NASDAQ: SCNX) are rising Thursday after the company announced the start of commercial sales for Arbli.

TotalEnergies Profit Outlook Brightens On Refining Strength

TotalEnergies (NYSE: TTE) expects 3Q25 performance to improve with 4% Y/Y increase in oil & gas production.

The Next Biggest Bull Run In Over 50 Years

The Next Biggest Bull Run In Over 50 Years - Ad

Gold has hit all-time highs, breaking $4,000 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

3 Communication Stocks Making Big Moves On Value Metrics

Three communication service stocks posted sharp gains in Benzinga's value rankings this week, highlighting renewed investor interest in the sector. Here's what investors need to know.

Elizabeth Warren Warns One Of Trump's 'Billionaire Buddies' Wants To Buy Warner Bros, Warns Giant Company Could Control 'Everything' You Watch On TV

Sen. Elizabeth Warren warned that Trump-linked billionaire David Ellison's pursuit of Warner Bros. following his Paramount acquisition could create a media monopoly, raising concerns about concentration of power.

Elon's New Device Could Launch Biggest IPO of the Decade

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Hunt Underway For Burglars That Stole French Crown Jewels From The Louvre, Emmanuel Macron Says, 'Everything Is Being Done'

Paris' chief prosecutor, Laure Beccuau, informed BFMTV that the police are actively searching for the Police are looking for a team of four thieves involved with the daylight heist at the Louvre Museum on Sunday.

Newspapers closing, news deserts growing for beleaguered news industry

Some 136 newspapers in the United States have closed in the past year, news deserts are expanding and web traffic to the nation's top newspapers has dropped markedly this decade, according to a report issued Monday that struggles to find hope for the beleaguered news industry.

The 7 Red Flags Wall Street Won't Talk About

The 7 Red Flags Wall Street Won't Talk About - Ad

Trump Administration Explores Possible Meeting With Kim Jong Un During Asia Trip

Trump considers meeting Kim Jong Un during upcoming Asia trip, but no concrete plans have been made amid ongoing China trade negotiations.

Vietnam’s love affair with gas bikes is colliding with a new electric reality

HANOI, Vietnam (AP) — Vietnam is split between two visions: the rumbling, reliable gas-powered motorbikes that now rule the roads, and sleek, silent electric bikes the government says are its future.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

A cargo aircraft skids off a Hong Kong runway into the sea, killing 2 people

HONG KONG (AP) — A cargo aircraft skidded off a Hong Kong runway into the sea when landing early Monday, killing two people.

Trending Now