Would you bet $1 million on General Motors? Check out these four stocks insiders are buying – General Motors (NYSE:GM), Profrack Holding (NASDAQ:ACDC)

US stocks ended mixed on Monday, with some notable insider trading.

An insider’s purchase of stock indicates their confidence in the company’s prospects, or that they consider the stock to be a bargain. Either way, this indicates an opportunity to go long the stock. Insider purchases should not be viewed as the sole indicator for making investment or trading decisions. At best, it can give you confidence in your purchasing decisions.

Below are some of the most notable insider purchases of recent times.For more information, please check Benzinga insider trading platform.

Southland Holdings

• The deal: Southland Holdings Co., Ltd. SLND Rudolf V. Lenda, Co-Chief Operating Officer and Vice President Acquired a total of 632,413 shares Average price is $10.12. Acquiring these shares cost about $6.4 million.
• what’s happening: Southland Holdings said its first-quarter loss was narrower than expected.
• Southland Holdings Business Activities: Southland Holdings Inc is a North American infrastructure construction company.

Proflac Holding

• The deal: Profrack Holdings Co., Ltd. ACDC 10% owner Dan Wilkes acquired a total of 539,498 shares at an average price of 11.43 shares. Acquiring these shares cost about $6.17 million.
• what’s happening: Proflac Holding has reported dismal quarterly results.
• What ProFrac Holding does: ProFrac Holding Corp will provide hydraulic fracturing, completion services, and other complementary products and services to major upstream oil and gas companies engaged in the exploration and production of unconventional oil and gas resources in North America. It is working.

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general motors

• The deal: general motors company GM Executive Vice President Paul Jacobson Purchased a total of 31,000 shares The average price is $32.60. Acquiring these shares cost about $1.01 million.
• what’s happening: General Motors plans to release an all-electric version of its flagship Cadillac Escalade, the Escalade IQ, later this year.
• What General Motors does: General Motors emerged from the General Motors (formerly GM) bankruptcy in July 2009. GM has eight of his brands and operates in his four segments: GM North America, GM International, Cruise and GM Financial.

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