RILYL - （B. Riley Financial Inc.）

According to a famous saying on Wall Street, “Insiders sell stocks for many reasons, but they only buy stocks for one reason.” (The SEC, according to Investopedia , defines an insider as ” an officer, director, or 10% shareholder of a company that has inside information into the company.”) In other words, insiders may sell stocks because they need money but only buy stock because they are confident about the companies’ outlook. That saying makes sense because nearly everybody buys stocks because they think they will go up sooner or later. (A few investors do buy stocks for their dividends). As a result, buying stocks that insiders can’t get enough of is a good strategy. But insiders have more information about their companies than the rest of us. So looking to take bullish positions on stocks with great insider buying is certainly logical. With that said, here are three stocks insiders love. Howard Hughes ( HHC ) Source: viewimage / Shutterstock.com Howard Hughes (NYSE: HHC ) “ owns, manages , and develops commercial, residential, and mixed-use properties.” The real estate developer focuses on owning and developing multifamily and single-family homes in planned communities.

This stock yields nearly 11%. Is it sustainable?

NEWARK, DE / ACCESSWIRE / May 22, 2023 / In 2022, the net worth of eSports and game streaming market share was figured out to be around US$ 2,357.1 million. Over the forecast period from 2023 to 2033, its market is anticipated to grow at an annual average growth rate of 11.9%. The market further estimates the market valuation to reach up to US$ 7,725.9 million by 2033 growing from US$ 2,589.6 million in 2023. The demand for eSports and game streaming services has been spurred by the rising percentage of internet users and mobile gamers. The main reasons encouraging the market growth include an increase in live streaming of digital games, along with growing audience reach by reducing data costs. Moreover, significant investments in improving engagement activities, and infrastructure for league competitions have also strengthened the market in the last few years. For instance, in 2003, China declared eSports to be an official sport that offered the nation''s eSports operators some professional jobs.

B. Riley Financial, Inc. (NASDAQ: RILY ) has acquired an equity interest in Scotch & Soda through its participation in the recent acquisition of the fashion brand by Bluestar Alliance. Scotch & Soda is a Dutch fashion label that offers collections for menswear, womenswear, childrenswear, denim, eyewear, fragrances, and accessories. Bluestar will keep the … Full story available on Benzinga.com

https://www.investing.com/news/pro/b-riley-financial-acquires-stake-in-scotch--soda-432SI-3084638

When it comes to penny stocks , a diligent look at fundamentals and insider activity should be key to your research. After all, penny stocks with strong insider buying can potentially be strong opportunities. How so? If an insider, such as a C-suite executive or board member, is buying additional shares with their own capital, it’s a positive sign that they are bullish on the company’s future prospects. Fortunately for your average investor, insiders at publicly-traded companies are required to disclose their transactions in filings submitted to the US SEC. Plenty of online stock research tools enable you to filter for stocks where there has been a high level of insider buying. In fact, using these tools, I found seven penny stocks with strong insider buying. Let’s dive into each one, and see whether it is wise to follow their lead. ACER Acer Therapeutics $1.98 ADES Advanced Emissions $2.91 APLD Applied Digital $2.68 BLBX BioCryst $8.79 GLG TD Holdings $1.24 GLT Glatfelter $3.75 PRCH Porch Group $2.21 Acer Therapeutics (ACER) Source: John Brueske / Shutterstock Based in Newton, Massachusetts, Acer Therapeutics (NASDAQ: ACER ) is a clinical-stage biotech company focused on the development of treatments for rare and life-threatening diseases.

Source: shutterstock.com/whiteMocca Exela Technologies (NASDAQ: XELA ) stock is climbing more than 10% this morning, rallying for the second straight day this week. Yesterday, shares of XELA stock soared around 40%. The recent advances in Exela Technologies stock came after the company announced that it had obtained a great deal of additional financing. Exela operates call centers and develops software that automates certain IT processes. Here’s what else investors should know about XELA. Exela’s Funding Deal and Background Yesterday, Exela announced that it had obtained an additional $51 million of funds from B. Riley (NASDAQ: RILY ). The company will have to pay back this money in June 2025, when the “new securitization facility matures.” The facility “bears interest at a per annum rate of one-month Term SOFR plus 7.5%.” However, in conjunction with the deal, Exela paid off $29 million of a roughly $44 million loan that it had previously obtained. On Jan. 19, Seeking Alpha reported that the company’s subsidiary, Exela Intermediate, missed “semiannual interest payments due under certain notes.” As of the end of last year, Exela had $1.16 billion of debt and only $10.4 million of cash.

One of the biggest movers in today’s market is Exela Technologies (NASDAQ: XELA ). Today’s impressive move of more than 30% in XELA stock is certainly turning heads, as the company announced a big round of funding. Exela’s management team noted that the company has increased its existing securitization facility to $185 million. This amendment stipulates the company will have an additional $51 million of financing available to it via a funding deal with B. Riley (NASDAQ: RILY ). Exela is a global business process automation leader. As such, the company’s stock price price chart looks as one would expect in recent years. That said, this financing round is clearly inspiring investors to consider this stock once again. Let’s dive into what investors should make of this news. Why Is XELA Stock Surging Today? There are a number of reasons why this funding deal is notable. First, B. Riley is a respected outfit, meaning this deal suggests the company believes it will continue in good standing for the long term.

U.S. stocks traded higher, with the Dow Jones gaining more than 300 points on Monday. Here are some big stocks recording gains in today’s session. Moolec Science SA (NASDAQ: MLEC ) jumped 25.3% to $5.14. Fisker Inc. (NYSE: FSR ) shares gained 24% to $6.95 after the company reported Q4 financial results. The company said Q4 and FY22 operational results were better than expected. FY22 total spending was below the company''s anticipated range and its cash balance at year end 2022 was ahead of expectations. Opera Limited (NASDAQ: OPRA ) rose 20.4% to $8.80 after the company reported better-than-expected Q4 financial results. Altisource Asset Management Corporation (NYSE: AAMC ) rose 17.5% to $48.66. AAMC recently announced an agreement with B. Riley Financial to repurchase common stock. Broadmark Realty Capital Inc. (NYSE: BRMK ) … Full story available on Benzinga.com

The YTM on B. Riley baby bonds has increased as much as 44% in just the last 3 weeks with YTMs up to 12.96%. Click here to see our take on RILY stock.

Source: shutterstock.com/whiteMocca Exela Technologies (NASDAQ: XELA ) stock is climbing more than 10% this morning, rallying for the second straight day this week. Yesterday, shares of XELA stock soared around 40%. The recent advances in Exela Technologies stock came after the company announced that it had obtained a great deal of additional financing. Exela operates call centers and develops software that automates certain IT processes. Here’s what else investors should know about XELA. Exela’s Funding Deal and Background Yesterday, Exela announced that it had obtained an additional $51 million of funds from B. Riley (NASDAQ: RILY ). The company will have to pay back this money in June 2025, when the “new securitization facility matures.” The facility “bears interest at a per annum rate of one-month Term SOFR plus 7.5%.” However, in conjunction with the deal, Exela paid off $29 million of a roughly $44 million loan that it had previously obtained. On Jan. 19, Seeking Alpha reported that the company’s subsidiary, Exela Intermediate, missed “semiannual interest payments due under certain notes.” As of the end of last year, Exela had $1.16 billion of debt and only $10.4 million of cash.

One of the biggest movers in today’s market is Exela Technologies (NASDAQ: XELA ). Today’s impressive move of more than 30% in XELA stock is certainly turning heads, as the company announced a big round of funding. Exela’s management team noted that the company has increased its existing securitization facility to $185 million. This amendment stipulates the company will have an additional $51 million of financing available to it via a funding deal with B. Riley (NASDAQ: RILY ). Exela is a global business process automation leader. As such, the company’s stock price price chart looks as one would expect in recent years. That said, this financing round is clearly inspiring investors to consider this stock once again. Let’s dive into what investors should make of this news. Why Is XELA Stock Surging Today? There are a number of reasons why this funding deal is notable. First, B. Riley is a respected outfit, meaning this deal suggests the company believes it will continue in good standing for the long term.

U.S. stocks traded higher, with the Dow Jones gaining more than 300 points on Monday. Here are some big stocks recording gains in today’s session. Moolec Science SA (NASDAQ: MLEC ) jumped 25.3% to $5.14. Fisker Inc. (NYSE: FSR ) shares gained 24% to $6.95 after the company reported Q4 financial results. The company said Q4 and FY22 operational results were better than expected. FY22 total spending was below the company''s anticipated range and its cash balance at year end 2022 was ahead of expectations. Opera Limited (NASDAQ: OPRA ) rose 20.4% to $8.80 after the company reported better-than-expected Q4 financial results. Altisource Asset Management Corporation (NYSE: AAMC ) rose 17.5% to $48.66. AAMC recently announced an agreement with B. Riley Financial to repurchase common stock. Broadmark Realty Capital Inc. (NYSE: BRMK ) … Full story available on Benzinga.com

The YTM on B. Riley baby bonds has increased as much as 44% in just the last 3 weeks with YTMs up to 12.96%. Click here to see our take on RILY stock.

The following slide deck was published by B. Riley Financial, Inc.