Today I will report to you again on conspicuous stock transactions by executives or renowned hedge funds. After all, who should be able to assess the future development of companies better than the executives or major shareholders who are close to the pulse of the times?

Stock transactions by these individuals can provide you with important information. Stock purchases, in particular, have a special information value. The reason for this is simple: while there may be various reasons for sales (e.g. a manager also needing liquidity for private obligations), massive stock purchases are likely driven by one thing: the intention to make money.

Attached are three companies that have stood out in the past week due to interesting insider transactions:

Charter Communications After the broadband communications giant Charter Communications reported its numbers, there was a stronger price drop of over 20%. The CEO Christopher Winfrey took advantage of this drop and added 5,050 shares to his portfolio. At a purchase price of $295.29 per share, the company insider had to pay a total of $1.49 million for the purchases.

Charter is a US cable network operator that enables its customers to access digital and interactive television, video-on-demand, internet, and telephone services. In 2016, the company acquired Time Warner Cable, one of its major competitors, making Charter Communication one of the largest cable network providers in the US.

In the final quarter, revenues stagnated (+0.3%) at $13.71 billion, roughly on par with the previous year’s quarter. However, net profit fell by 11.5% to $1.06 billion, with profit margins declining by a whole percentage point. The company attributed this decline mainly to losses from pension revaluation and higher interest expenses.

Super Micro Computer There were contradictory transactions recently following the stock rally of hardware specialist Super Micro Computer. After the stock had already gained over 150% in the 2024 trading year, Director Daniel Fairfax took profits and sold 300 shares at $540 each (transaction volume: $162,000). Director Shiu Leung Chan, on the other hand, showed optimism by purchasing 2,000 shares at $568 (transaction volume: $1.13 million).

Super Micro Computer is a leading global company in high-performance server technology. As a provider of server and storage technology, Super Micro Computer is one of the major beneficiaries of the current AI boom.

In the last reporting quarter, the company increased its revenue by 103.3% to $3.66 billion. At the same time, adjusted earnings per share rose to $5.59, which was 43 cents above analysts‘ expectations (Source: Seeking Alpha). For the fiscal year ending in June, Super Micro Computer is aiming for revenue in the range of $10 to $11 billion. This corresponds to revenue growth between 40% and 54%.

Wolfspeed The stock performance of semiconductor specialist Wolfspeed has been less than desirable lately. Over the past 12 months, the stocks have fallen by just over 60%. At the current price level, the first stock purchases since August of last year were seen: In total, three different insiders acquired 19,450 shares. At purchase prices between $25.80 and $26.35, the total purchase volume was $767,330.

Wolfspeed is an innovative manufacturer of wide-bandgap semiconductors that focuses on silicon carbide and gallium nitride (GaN) materials and devices for power and high-frequency applications. The company’s products target various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, aerospace and defense.

In the last quarter, the company achieved a revenue increase of 19.9% to $208.4 million. On the bottom line, there was a loss of $144.7 million.

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