Recent data reveals that a remarkable 1245.0% of the holdings within the iShares U.S. Tech Breakthrough Multisector ETF (Symbol: TECB) have seen insider buying over the last six months. This trend may suggest growing confidence among company leaders in the tech sector.
Insights into Science Applications International Corp (SAIC)
Science Applications International Corp (Symbol: SAIC), making up 30.32% of TECB, has reported insider purchases from six of its directors and officers in the past six months. The ETF currently holds a total of $130,565,203 worth of SAIC shares, ranking it as the 51st largest holding. The following table outlines the recent insider buying activity at SAIC:
SAIC — Last Trade: $145.56 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 06/10/2024 | Prabu Natarajan | EVP, Chief Financial Officer | 2,000 | $114.85 | $229,700 |
| 06/24/2024 | Vincent P. Difronzo | EVP, Air Force & Comb Commands | 215 | $116.72 | $25,095 |
| 07/03/2024 | Srinivas Attili | EVP, Civilian | 100 | $117.00 | $11,700 |
| 07/10/2024 | James Joshua Jackson | EVP, Army | 400 | $114.28 | $45,710 |
| 07/12/2024 | Michelle A. O’hara | EVP, CHRO | 1,000 | $118.00 | $118,000 |
| 09/27/2024 | Barbara Supplee | EVP, Navy | 150 | $137.38 | $20,607 |
Recent Activity from Cognex Corp (CGNX)
Cognex Corp (Symbol: CGNX), ranked as the 90th largest holding within the TECB, also reported insider purchases. Two of its directors and officers filed Form 4s indicating their recent buys. The ETF holds $16,168,475 worth of CGNX, approximately 3.75% of its total assets. Below is the insider buying activity for CGNX:
CGNX — Last Trade: $39.23 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/07/2024 | Dianne M. Parrotte | Director | 2,000 | $38.62 | $77,230 |
| 09/04/2024 | Dennis Fehr | SVP, Chief Financial Officer | 6,570 | $38.04 | $249,920 |
Discover 10 ETFs Featuring Stocks with Insider Buying »
Also see:
• Stocks Crossing Above Their 200 Day Moving Average
• CWH Dividend History
• SPXT Dividend History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
