Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- Tim Peterman - CEO,Director, Bought $99,999 worth of shares on 4 days ago
- Lalo Eyal - Director,>10% Owner, Bought $1,200,002 worth of shares on 4 days ago
- Friedman Michael - Director, Bought $600,001 worth of shares on 4 days ago
- Landel Hobbs - Director, Bought $49,998 worth of shares on 4 days ago
In addition, TradingView issued a Sell rating for IMBI over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook.
iMedia Brands, IMBI
Summary: iMedia Brands Inc. is a media company. It manages portfolio of lifestyle television networks and web service businesses, primarily in North America. iMedia Brands Inc., formerly known as Evine Live Inc., is based in MINNEAPOLIS.
- Last Price: $2.19
- Price Change: -$0.1, -4.3668%
- Yearly Gain: -69.05%
- Market Cap: $47.59M
- P/E Ratio: -2.071
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