November gainers - top 5 tickers with the highest insiders buying activity

Hey-ho! Have you already seen our first post about the companies which hired the most employees over November? Go check it out if you haven't, or just to refresh the memory :)

Today's research will be based on insiders' buying activity. The financial data was collected from sources like Nasdaq, and then we aggregated it for all public US companies. As a result, we discovered the top 5 companies where the insiders have been buying shares the most rapidly over November:

1. Canoo Inc. ($GOEV) - a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States.

Canoo's stock gained an astounding 49% in November after exceeding the Q3 report expectations on November 15th:

Also, on November 16th, $GOEV announced that they plan to start production of its first EV model (a battery-electric passenger van called the Lifestyle Vehicle) before Q4 2022 which caused lots of discussions on Twitter that day and affected the stock's price as well:

2. Outlook Therapeutics, Inc. ($OTLK) - a late clinical-stage biopharmaceutical company, focuses on developing and commercializing monoclonal antibodies for various ophthalmic indications.

3. Inspired Entertainment, Inc. ($INSE) - a business-to-business gaming technology company, supplies virtual sports and server-based gaming (SBG) products to regulated lottery, betting, and gaming operators worldwide.

On November 16th, $INSE announced today that it has signed a multi-market contract to launch its best-in-class interactive Virtual Sports content with Novibet, one of the leading online gaming companies operating in several countries across Europe. Also, Inspired Entertainment showed good financial results for Q3 (both in revenue, gross profit, and net income), so this company is worth watching:

4. Sirius XM Holdings Inc. ($SIRI) - headquartered in New York, Sirius XM Holdings Inc. was founded in 1990. The radio broadcasting company creates and broadcasts a variety of content such as commercial-free music, premier sports and live events, news and comedy and exclusive talk and entertainment shows. Sirius XM provides radio services to users in the United States and Canada.

$SIRI stock is one of the top value stocks to invest in for the long term according to the hedge-funds and analysts. Also, Sirius has been actively hiring new staff this year which can't be a bad sign for investments:

5. Axon Enterprise, Inc. ($AXON) - the company develops, manufactures, and sells conducted energy weapons (CEWs) under the TASER brand in the United States and internationally.

Axon Enterprises continues to push the limits of its software solutions, expanding into several key areas over the last 10 years. Btw, $AXON has surpassed Q3 earnings and revenues estimates:

What are your thoughts about these tickers? Are they worth being in your investment portfolio?

As usual, you can find today's analysis here:  https://contora.ai/top_companies?industry=all&growth=insiders’ buying activity&over=last month

You can also check other alternative data points for these companies just by clicking on their tickers :)

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