Investing.com -- Here is your Pro Recap of some of the biggest insider trades you might have missed this past week.
Dun & Bradstreet chief buys over $1M
The CEO of Dun & Bradstreet (NYSE:DNB) bought 116,250 shares of the company early last week at $10.7427 apiece. The value of the purchase was $1,248,838.88.
The company missed on earnings last month, but soon after earned a Deutsche Bank upgrade to Buy last month, with a $17 price target, on attractive risk-reward. The firm noted that it is "encouraged" by "the company's investments in enhanced technology/data/ analytics." It added, "Acknowledging that progress is unlikely to be linear, especially in an uncertain macro environment, over time we expect the company to be able to to accelerate its growth rate."
The company got a new buy stamp from BofA in January as well.
Calavo Growers CEO picks up $1.2M
Calavo Growers (NASDAQ:CVGW) clawed back from some of its recent losses after CEO Lecil Cole bought 50,000 shares from 03/21/23-03/22/23 at prices from $23.91-$25.04. The value of the purchase was $1.214 million.
Earlier this month the company widely missed first-quarter earnings expectations on both earnings and revenue, triggering a plunge in the stock. Shares are still off nearly 20% for the month, although they gained some 16% in the past week after word of Cole's purchase.
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Insider buys at another trio of companies
Porch Group (NASDAQ:PRCH) CEO, Matt Ehrlichman, bought 184,093 shares on 03/17/23 at $1.2778. The value of the purchase was $235,234.
Babcock & Wilcox (NYSE:BW) saw several insider buys early last week: CEO, Kenneth Young, bought 10,000 shares at $5.55; COO Jimmy Morgan bought 7,500 shares at $5.25; and Director Joseph Tato bought 2,500 shares on 03/20/23 at $5.53.
AudioEye (NASDAQ:AEYE) also saw a few insider buys: CEO David Moradi bought 4,457 shares at $5.55; Director Jamil Tahir bought 20,000 shares at $5.5112-$5.6828; and Chairman Carr Bettis bought 2,500 shares on 03/17/23 at $5.60.
