Insider Buying Signals Strength for Salesforce and Disney in Dow ETF
A recent analysis of the holdings in the SPDR Dow Jones Industrial Average ETF Trust (DIA) reveals that an impressive 11.8% of its weighted holdings have seen insider buying in the past six months.
Salesforce: A Closer Look at Recent Purchases
Salesforce Inc (Symbol: CRM), making up 4.43% of the SPDR Dow ETF, has witnessed purchases by two directors and officers, according to the latest Form 4 filings. The ETF holds $1,612,187,248 in Salesforce, ranking it as the #8 largest holding. Below, find details of the recent insider buying activity at CRM:
CRM — last trade: $290.46 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 06/03/2024 | G. Mason Morfit | Director | 428,000 | $233.17 | $99,796,760 |
| 06/21/2024 | Oscar Munoz | Director | 2,051 | $243.69 | $499,806 |
Walt Disney: Insider Activity on the Rise
Walt Disney Co. (Symbol: DIS), ranked as the #23 largest holding in the SPDR Dow ETF, also reports insider purchases. The ETF has $534,247,848 invested in Disney, which constitutes about 1.47% of its total assets. Below are the details of the recent insider buying at DIS:
DIS — last trade: $95.03 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/08/2024 | James P. Gorman | Director | 20,000 | $106.03 | $2,120,628 |
| 08/08/2024 | Calvin McDonald | Director | 11,756 | $85.06 | $999,994 |
10 ETFs With Stocks That Insiders Are Buying »
Also see:
• EFX shares outstanding history
• Funds Holding MGRX
• Funds Holding IGE
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
