Insider Trading Fri 5/24/24

Notable purchases -- CEO adds to COOK; notable sales -- Director active in AVT 

Buyers:

• COOK Chief Executive Officer bought 228,323 shares at $2.11 - $2.25 worth approx. $500K.
• CTRN 10% owner bought 50,406 shares at $22.07 - $22.96 worth approx. $1.1 mln.
• ELAN Director bought 15,000 shares at $16.98 worth ~$255K.
• EPSN Chief Executive Officer bought 26,000 shares at $5.35 - $5.38 worth nearly $140K.
• FOUR Chairman & Chief Executive Officer bought 39,135 shares at weighted average price of $64.0375 worth about $2.5 mln.
• NCLH Director bought 20,000 shares at $16.25 - $16.50 worth approx. $328K.
• OPK Chairman & Chief Executive Officer bought 100,000 shares at $1.26 - $1.27 worth ~$127K.
• SBRA Director bought 7,000 shares at $14.43 worth ~$101K.
• VSTS 10% owner Corvex Management bought 100,000 shares at $12.08 - $12.19 worth more than $1.2 mln.

Sellers:

• AVT Director sold 9,000 shares at $54.20 - $54.61 worth approx. $490K.
• ZWS 10% owner sold 48,388 shares at $32.91 - $32.98 worth ~$1.6 mln.

===Traeger (COOK) reported earnings on Thur 7 March 24 (a/h)

 

Traeger misses by $0.04, beats on revs; guides Q1 revs below consensus; guides FY24 revs below consensus 

• Reports Q4 (Dec) loss of $0.08 per share, excluding non-recurring items, $0.04 worse than the FactSet Consensus of ($0.04); revenues rose 18.4% year/year to $163.5 mln vs the $153.89 mln FactSet Consensus.
• Gross margin of 36.8%, up 230 basis points compared to prior year.
• Co issues downside guidance for Q1, sees Q1 revs of $140-$145 mln vs. $157.63 mln FactSet Consensus. Adjusted EBITDA is expected to be between $21 million and $24 million.
• Co issues downside guidance for FY24, sees FY24 revs of $580-$605 mln vs. $608.33 mln FactSet Consensus. Adjusted EBITDA is expected to be between $62 million and $71 million.

Earnings this week : March 4 - 8, 24 (wk 10)

Monday (March 4)

• Morning: AVDL SE
• Afternoon: AVAV GTLB PAY SFIX

Tuesday (March 5)

• Morning: MASS FERG FWRG NIO JD RSKD MCRB SMRT TGT VVX
• Afternoon: AGTI BASE BOX CDRE CHPT CRCT CRWD DSGX FNV HCP JWN MLNK ODD ROST WTI

Wednesday (March 6)

• Morning: ANF BF.B BRY CPB EVGO FL GENI KFY REVG SGHC THO UNFI
• Afternoon: HPK INFN KGS RSI VSCO YEXT

Thursday (March 7)

• Morning: ABM AEO BILI BIG BJ BURL CIEN KR PSFE STVN SSYS TTC
• Afternoon: ASLE AVGO BBAI COOK COST DOCU EOLS FNKO GPS GWRE IOT LOCO MDB MRVL SVV SWBI

Friday (March 8)

• Morning: AQN CRMT GCO