- Markets
Find out what influences market movements by browsing through our tailor made product pages.
- Trading Platforms
Maximise your investment opportunities
Trading Platforms
In order to ensure our customers have the best trading experience. We are proud to introduce our suite of trading platforms.
- Accounts
All accounts can be opened using one application form.
OPEN A LIVE ACCOUNT
The application process is simple and straightforward. You can complete the online application form and be trading in minutes.
- Academy
Here you will find all the details regarding One Financial Markets educational offering
TRADING ACADEMY
Working through each of our six online modules, detailed below, you can develop your trading confidence
- Newsroom
The latest news in the Financial Markets from across the globe.
LATEST NEWS
Make sure you don't miss out on what's going on in the world around you, keep up to date with our market commentary and daily market update videos.
- Contact Us
Insider trades this week: amid Carvana collapse, a big insider buy
Sizable insider moves can serve as useful bellwethers for investors. Here are some of the biggest such moves from the past week, as first reported on InvestingPro+.
Carvana (NYSE:CVNA) Chief Product Officer Daniel Gill acquired 133,000 shares on November 21 at $7.62 for over $1.01 million. Carvana shares have plummeted 96.7% year to date amid shrinking demand for used cars.
Also this week, Cowen significantly reduced Carvana's price target to $10 from $55 per share, stating, "industry & macro headwinds have impacted unit growth and revenue trajectory while lengthening the path to profitability." It also pointed to recent cost-cutting efforts not resulting in the company meeting 2022 profit targets, as well as Carvana's significant debt load.
The stock lost 7.2% for the week to $8.
Helbiz Inc (NASDAQ:HLBZ) shares rose after CEO and founder Salvatore Palella bought 4,019,293 shares at $.1766, to "further underlining his belief in the future of the company and recent changes to the structure." Shares have sunk 96% for the year. They jumped 16.2% for the week to $0.23.
Canoo Inc (NASDAQ:GOEV) stock closed Friday up 4.6% after CEO Tony Aquilla bought over 9 million additional shares of the EV maker. Filings with the SEC showed that on November 9, 2022, Canoo entered into the Subscription Agreement providing for the purchase of an aggregate of 9,009,009 shares of Common Stock at a price of $1.11 per share for an aggregate purchase price of $10.0 million.
Mr. Aquila and AFV-10, a special-purpose vehicle managed by entities affiliated with Mr. Aquila, were purchasers of the shares. Aquilla and related entities now own 62,479,217 shares of Canoo, or 19.2% of the shares outstanding. Canoo shares were off 11.4% to $1.13 for the week.
Sabre (NASDAQ:SABR) CRO Michael Randolfi bought 100,000 shares on 11/22/22 at $4.75-$4.80 per share. The latest purchases brings his stake to 209,170 shares. Shares were down 0.9% for the week to 5.3%.
Sam Boughedda contributed to this article.
Begin trading today! Create an account by completing our form
Privacy Notice
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.