Wolfspeed stock soars after receiving $698.6 million IRS tax refund

Investing.com -- KALA BIO, Inc. (NASDAQ:KALA) stock surged 28.3% in premarket trading Monday following the announcement of a $6 million securities purchase agreement with private investor David E. Lazar.

The clinical-stage biopharmaceutical company has already received $1.8 million in the first of two closings under the agreement. Lazar has been appointed as KALA’s Chief Executive Officer and Chairman of the Board, effective immediately, while former CEO Todd Bazemore remains on the Board.

The investment comes after KALA announced in September that its Phase 2b clinical trial of KPI-012 for persistent corneal epithelial defect failed to meet its primary endpoint. The company had temporarily ceased development of KPI-012 to preserve cash and explore strategic options.

With this new funding, KALA plans to continue evaluating and redeveloping its therapeutic candidates while simultaneously exploring potential strategic transactions. The company is focused on developing innovative therapies for rare and severe eye diseases.

"In making this significant investment in KALA, I look forward to continuing to evaluate and redevelop the Company’s product candidates while actively exploring strategic opportunities to drive value for our stockholders," said Lazar, who brings significant capital restructuring and reverse merger expertise to the company.

The second closing, which will provide an additional $4.2 million, is contingent on stockholder approval at the next meeting expected in the first quarter of 2026.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Here’s a summary of the most significant insider transactions disclosed on Friday, November 28, 2025.

Top Insider Buys

DoorDash, Inc. saw massive insider buying as Director Lin Alfred reported purchasing shares worth approximately $100.3 million. On November 25 and 26, 2025, Alfred acquired 401,439 shares of Class A Common Stock at prices ranging from $188.08 to $199.83. The shares are indirectly owned through SC US/E Expansion Fund I Management, L.P., Sequoia Capital Fund, LP and Sequoia Capital Fund Parallel, LLC. This substantial investment comes as the food delivery giant, currently valued at $85.5 billion, has seen its shares rise 18.25% year-to-date despite recent volatility. DoorDash maintains strong financial health with a current ratio of 2.04 and more cash than debt on its balance sheet.

Bausch Health Companies Inc had significant insider buying from Paulson & Co. INC, a ten percent owner, which increased its stake through a purchase of 2,500,000 shares of common stock. The shares were bought at a price of $6.25, with the total transaction amounting to $15,625,000. Following this transaction, Paulson & Co. INC. indirectly holds 73,255,869 shares of Bausch Health Companies Inc, with the shares owned by managed funds and Paulson & Co. acting as the investment manager.

Goosehead Insurance, Inc. General Counsel John Terry O’Connor acquired 2,100 shares of Class A Common Stock on November 26, 2025. According to the SEC filing, the shares were bought at a price of $71.81, totaling approximately $150,801. Following the transaction, O’Connor directly owns 3,100 shares of Goosehead Insurance.

Nutex Health, Inc. Chief Financial Officer Jon Christian Bates reported purchasing 750 shares of the company’s common stock on November 25, 2025. The shares were bought at a price of $136.71, totaling $102,532. Following the transaction, Bates directly owns 5,638 shares of Nutex Health.

Marathon Bancorp, Inc. President and CEO Nicholas W. Zillges increased his stake in the company on November 26, 2025, purchasing 1,075 shares of common stock at a price of $11.37, for a total transaction value of $12,222. Following this transaction, Zillges directly owns 34,803 shares and indirectly owns an additional 51,107 shares through his 401(k), IRA, and ESOP.

Top Insider Sells

CoreWeave, Inc. Chief Strategy Officer Brian M Venturo, through West Clay Capital LLC, sold a total of 271,950 shares of Class A Common Stock on November 26, 2025, for approximately $20.9 million. The sales were executed in multiple transactions with prices ranging from $73.59 to $76.14. According to the SEC filing, the sales were conducted under a Rule 10b5-1 trading plan adopted on May 21, 2025. The current stock price of $73.12 sits near the lower end of this range, despite an impressive 82.8% gain year-to-date.

Las Vegas Sands Corp Executive Vice President and CFO Randy Hyzak sold 57,545 shares of common stock on November 25, 2025, for approximately $3.82 million. The sales occurred at prices ranging from $66.44 to $66.45. Hyzak also exercised options to acquire 57,545 shares at prices of $58.81 and $59.89, totaling $3.42 million. The transaction comes as LVS shares trade near their 52-week high of $68.63, having delivered an impressive 66.78% return over the past six months.

Quest Diagnostics CEO and President Davis J. E. sold a total of $10.5 million in company stock on November 25, 2025. The sales involved 55,293 shares of common stock, with prices ranging from $191.59 to $192.97. On the same day, Davis also exercised options to acquire 55,093 shares at a price of $95.80, for a total value of $5,277,633. These transactions were executed under a pre-arranged Rule 10b5-1 sales plan. Following these transactions, Davis directly owns 120,480 shares of Quest Diagnostics.

Upwork President and CEO Hayden Brown sold a total of $6.8 million in company stock between November 25 and November 26, 2025, at prices ranging from $19.43 to $19.78. On November 25, Brown sold 75,000 shares of Upwork common stock. These transactions come as Upwork shares trade near $19.74, just 4% below their 52-week high of $20.54, with the stock posting impressive returns of 10.46% over the past week and 26.54% over six months.

TheRealReal, Inc. Chief Legal Officer Todd A. Suko sold 72,933 shares of common stock on November 25, 2025. The shares were sold in multiple transactions at prices ranging from $14.00 to $14.36, netting approximately $1,028,647. Following the transaction, Suko directly owns 606,510 shares of TheRealReal, Inc. common stock. The sale comes as REAL shares trade near $14.48, having delivered impressive returns of 151.56% over the past year and 170.34% over the last six months.

Why Monitor Insider Activity?

Tracking insider transactions provides investors with valuable insights into how a company’s executives and major shareholders view their own stock’s prospects. Significant insider buying often signals confidence in future performance, while substantial selling may raise questions about a company’s outlook. However, insiders sell for many reasons unrelated to company performance, including diversification, tax planning, and personal financial needs. By staying informed about these transactions, investors can gain additional context for their investment decisions and potentially identify opportunities that align with insider sentiment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Nvidia faces intensifying competitive and financial headwinds that could weigh on its performance into next year, according to Seaport Research Partners analyst Jay Goldberg, who reiterated his Sell rating and $140 price target on the chipmaker in a note Monday.

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Goldberg said he remains negative as signs of competition increase, arguing that Nvidia is relying on financial arrangements that are not fully reflected in its results but are already becoming “material and likely to grow significantly next year,” according to Seaport Research.

One of the analyst’s central concerns is the company’s growing cloud compute commitments. Nvidia has “$26 billion of cloud compute service agreements,” which it says will support research and its DGX platform.

Seaport Research describes these agreements instead as “a form of rebate,” and estimates that properly recognising them “would take 400bps off gross margins next year, or at least $0.30.”

Goldberg also highlighted rising pressure from Google, saying the company has “surprised with its ability to promote third party use of its internally designed TPUs.”

While TPUs “are not for everyone,” he said they “can outperform Nvidia systems on many metrics,” raising competitive risks as AI workloads diversify.

A third issue is Nvidia’s growing financial commitments to customers. The company has already “spent $6 billion this year in private companies” and has “commitments for another $17 billion (including $5 billion to Intel).”

Seaport warns that an unsigned agreement with OpenAI “could add another $100 billion to the list.”

Finally, Goldberg pointed to a sharp rise in working capital this quarter. While Nvidia says this signals strong demand, Seaport argues it also reflects the company “smoothing out working capital needs among its ODM customers.”