Notable Insider Purchases: Steel Connect, MasterCraft Boat, EyePoint Pharmaceuticals, and Lindblad Expeditions Holdings

Steel Connect


On March 15, Steel Connect Inc. (STCN) reported second-quarter revenues of $43 million, and WF Asset Corp., a 10% owner, acquired 701,246 shares for approximately $6.89 million. Steel Connect is a diversified holding company with segments in Direct Marketing and Supply Chain.

MasterCraft Boat


MasterCraft Boat Holdings Inc. (MCFT) announced that it will report its fiscal third-quarter 2024 earnings on May 8, 2024. 10% owner Adam Gray purchased 133,122 shares for about $2.78 million. MasterCraft Boat designs, manufactures, and markets performance sport boats and outboard boats.

EyePoint Pharmaceuticals


EyePoint Pharmaceuticals Inc. (EYPT) expanded its scientific advisory board with world-renowned retina specialists on April 2. Cormorant Global Healthcare Master Fund, LP, a 10% owner, acquired 581,765 shares for approximately $10.49 million. EyePoint Pharmaceuticals is focused on developing and commercializing ophthalmic products for eye diseases.

Lindblad Expeditions Holdings


On April 22, Lindblad Expeditions Holdings Inc. (LIND) announced the departure of its Chief Financial Officer, Craig Felenstein, effective May 31. Director Alex P Schultz purchased 33,016 shares for around $246,663. Lindblad Expeditions Holdings offers expedition cruising and adventure travel services.

While insider purchases can provide insights into company prospects, they should not be solely relied upon for investment decisions. It is essential to consider other factors and consult with financial professionals for a comprehensive analysis.

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