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Barra sold more than $27 million worth of stock on May 28, joining several other GM insiders who have done similar trades this year. Meanwhile, Benioff sold more than $12 million worth of shares over the course of several days. Salesforce CEO Benioff sold 45,000 shares at an average price of $270.70 for a total of $12.18 million. The biggest move came from two insiders at a small investment firm — Oxford Lane Capital — who combined to buy $50 million worth of the stock. Claros Mortgage CEO Richard Mack bought 160,000 shares at an average price of $7.20 for a total of $1.15 million.
Persons: Mary Barra, Marc Benioff, Barra, Benioff, execs, Verity, Salesforce's, General Motors CEO Barra, Anthony Casalena, Brice Hill, Gerald Morgan, Cameron Breitner, Jonathan Cohen, Saul Rosenthal, Joseph Adams Jr, John Rakolta Jr, Richard Mack, , Nick Wells Organizations: VerityData, General Motors CEO, Texas, Lane Capital —, Capital Partners, Oxford Lane Capital, FTAI Aviation, Petco, Wellness, Claros Locations: 10b5
Cramer's Lightning Round: AbbVie is 'a very good company'
  + stars: | 2024-02-08 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Oxford Lane Capital's year-to-date stock performance. Oxford Lane Capital : "We don't know if they're any good at credit, and we don't know what they own. Stock Chart Icon Stock chart icon MercadoLibre's year-to-date stock performance. Stock Chart Icon Stock chart icon Freeport-McMoRan's year-to-date stock performance. Stock Chart Icon Stock chart icon AbbVie's year-to-date stock performance.
Persons: Oxford Lane Organizations: Oxford, Oxford Lane, Blackstone, Mercado Libre Locations: Mercado, McMoRan's, McMoRan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Mercado Libre is 'the LatAm stock to own', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Oxford Lane Capital, Mercado Libre, Abbvie and more.
Persons: Jim Cramer Organizations: Libre, Oxford Lane Capital, Mercado Libre Locations: Mercado, Abbvie
All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
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Cramer's lighting round: Oxford Lane Capital is not a buy
  + stars: | 2022-12-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer's lighting round: Oxford Lane Capital is not a buyCramer answered callers' investing questions at rapid speed on Monday's edition of the lightning round.
Cramer's lightning round: Oxford Lane Capital is not a buy
  + stars: | 2022-12-19 | by ( Krystal Hur | ) www.cnbc.com   time to read: +1 min
Loading chart...DraftKings Inc : "I feel safer in my DraftKings than I do in a crypto. Applied Industrial Technologies Inc : "It's up 20% and that might be too much for the year." Loading chart...Oxford Lane Capital Corporation: "They own these collateralized loan obligations, which is always the stuff people really worry about going into a recession, so I'm going to have to take a pass on this one." Loading chart...Star Bulk Carriers Corp : "I have not been in favor of the carriers. I'm not going to change my mind."
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