© Reuters
By Davit Kirakosyan
Investing.com – Here’s a professional roundup of the biggest inside trades from the past week that you may have missed on InvestingPro. Start your free 7-day trial to receive this news first.
Twilio CEO Buys $10 Million in Stock
Twilio (NYSE:) shares gained more than 5% on Tuesday after CEO Jeff Lawson disclosed that he bought 158,081 shares, or about $10 million worth, at $62,459-$64,059.
The shares were purchased indirectly through the Lawson Revocable Trust. He now owns 226,397 shares indirectly and 184,032 shares directly.
The company reported its last month, with EPS and revenue better than consensus estimates. However, two days after the coup announcement, CFRA downgraded the stock to Buy from Strong Buy with a $96.00 price target, erasing significant post-coup share price gains.
Keurig Dr Pepper CFO Buys Stock
Keurig Dr Pepper (NASDAQ:) CFO Shekhar Priyadarshi Sudhanshu bought 20,000 shares, or a value of $711,800, at $35.59.
Last month, the company reported its , with EPS and revenue in line. Additionally, last month Citi initiated coverage of the company with a Neutral rating and a $37.00 price target.
3 more internal purchases
Healthpeak Properties (NYSE:) CEO Scott Brinker bought 16,300 shares, or a value of $385,169, at $23.63.
Pebblebrook Hotel (NYSE:) Trust Chairman and CEO Jon Bortz bought 21,000 shares, or a value of $300,000, at $14,304-$14,536.
glatfelter (NYSE:) Senior Vice President Wolfgang Laures bought 277,000 shares, or more than $1 million, at $3,722.
