Among Mid-Cap Stocks Insiders Were Buying in Q1 2025
From Yahoo Finance: 2025-04-18 10:30:00
Stock markets fell on Wednesday, with the Nasdaq dropping 3.1%, nearing bear market territory. Fed Chair Jerome Powell warned that tariffs may increase short-term inflation, impacting the Federal Reserve’s goals. Insider trading is closely watched during economic uncertainty, with executive stock purchases reflecting confidence in company outlook. Noble Corporation plc (NE) saw two insiders buying shares in Q1 2025.
Noble Corporation is an offshore drilling contractor with a market cap of $3.17 billion. In Q4 2024, they reported increased contract drilling revenue and net income. Two insiders, including the CEO and CFO, bought $1.05 million worth of shares. Noble stock is down 36.56% YTD, but analysts forecast a 69.92% potential increase. NE ranks 16th in mid-cap stocks insiders were buying in Q1 2025.
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