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PNC chief picks up $1M in shares By Investing.com – Stocks to Watch
  • Fri. May 17th, 2024

PNC chief picks up $1M in shares By Investing.com

ByInvesting.com

Jan 29, 2023
3 hot insider trades: PNC chief picks up $1M in shares

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© Reuters

By Davit Kirakosyan

Investing.com — Here are some of the biggest insider trades from the past week, as first reported on InvestingPro.

PNC Financial Services (NYSE:) President/CEO, William Demchak, bought 6,550 shares, or over $1 million worth, at $153.38.

Shares rose more than 5% this week.

Applied Digital (NASDAQ:) (formerly Applied Blockchain) CEO, Wes Cummins last week bought another 75,000 shares, or around $180,000 worth, at $2.33-$2.48. In the prior couple weeks, he had purchased 270,000 shares, or around $618,000 worth, at $2.17-$2.41.

Shares surged more than 33% this week.

Compass Therapeutics, Inc. (NASDAQ:) CEO, Thomas Schuetz, bought 20,000 shares, or $83,800 worth, at $4.19.

Among recent analyst actions at the company, Stifel initiated coverage on Compass with a Buy rating and a price target of $9.00. According to the firm, the recent presentation of updated results from the P2 trial of CTX-009 and paclitaxel combination in 2L BTC showed potential for a near $1 billion peak sales opportunity (worldwide) capable of providing >2x upside from current levels.

Shares closed the week with a 6% gain.

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If you’re interested in upgrading your search for new investing ideas, check out InvestingPro.

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Image and article originally from www.investing.com. Read the original article here.

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