Recent Insider Buys Highlight Market Confidence in Tesla and Healthpeak

Bargain hunters should closely monitor insider buying activity, as such moves often indicate positive market expectations. While there are various motives for insiders to sell their stocks, purchasing tends to signal that insiders anticipate future gains. Here, we examine two significant recent insider transactions.

Insider Purchase at Tesla

On Thursday, a filing with the SEC revealed that Tesla Director Joseph Gebbia acquired 4,000 shares of TSLA at $256.31 each, resulting in a total investment of $1.03 million. Currently, Gebbia is seeing a profit of about 12.4% based on today’s trading high of $288.00. On Tuesday, Tesla shares were down approximately 1.1%.

Healthpeak Properties Insider Activity

Meanwhile, at Healthpeak Properties, Director Katherine M. Sandstrom purchased 11,288 shares at a price of $17.65 each on Monday, totaling $199,233. Healthpeak’s stock is up about 0.1% on Tuesday. Sandstrom is enjoying a gain of around 1.6% at today’s session peak, with shares reaching as high as $17.94.

VIDEO: Tuesday 4/29 Insider Buying report: TSLA, DOC

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