We recently published a list of 20 Stocks Insiders Bought in April After Trump’s Tariff Rollout. In this article, we are going to take a look at where CVR Energy, Inc. (NYSE:CVI) stands against other stocks that insiders bought in April after Trump’s tariff rollout.
President Donald Trump called April 2 a “Liberation Day” after signing an executive order that imposed a minimum 10% tariff on all U.S. imports, with some exceptions. As a result, 57 countries will face higher tariffs ranging from 11% to 50%. While general tariffs took effect on April 5, the elevated rates are set to begin on April 9. These so-called ‘reciprocal tariffs’ triggered retaliation from trade partners and contributed to a decline in the stock market.” On Sunday, Trump said, “I don’t want anything to go down, but sometimes you have to take medicine to fix something,” as reported by CNBC.
The blue-chip companies closed the Monday market session 0.91% lower, while the broader market index closed 0.23% lower after briefly entering bear market territory during the session. The Nasdaq Composite closed 0.10% higher.
Amid these tariff wars and overwhelming market uncertainty, insider trading often comes to focus. Why? When executives buy stock, it can suggest confidence in the company’s future. On the other hand, insider sales don’t have to be a negative sign for the company, because they can reflect personal decisions or investment diversification. This means that insider trading should be considered alongside the company’s financial health and market conditions.
Our Methodology
Today, we’re focusing on stocks that insiders have been buying in April. Using Insider Monkey’s insider trading screener, we identified companies where at least one insider acquired shares from April 2 to April 7. From this list, we ranked the top 20 stocks with the highest value of insider purchases.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A tanker filled with crude oil slowly unloading its cargo onto a container ship.
CVR Energy, Inc. (NYSE:CVI)
CVR Energy is a diversified holding company with a primary focus on renewable fuels, petroleum refining, marketing, and nitrogen fertilizer production through its subsidiary, CVR Partners, LP. The company is also a key holding for billionaire hedge fund manager Carl Icahn.
This month, billionaire Carl Icahn increased his stake in CVR Energy by buying $9.47 million worth of CVR Energy shares at an average price of $16.93 per share. The stock now trades at $16.35, having lost 12.75% since the beginning of the year. Over the past 12 months, the stock lost 54.98%.
For 2024, CVR Energy reported revenue of $7.61 billion, a 17.7% decline from $9.25 billion in 2023. Net income for shareholders was $7 million, or 6 cents per diluted share, down from $769 million, or $7.65 per share, in the prior year. The adjusted loss was 51 cents per diluted share, compared to adjusted earnings of $5.64 per share in 2023.
According to MarketBeat, five analysts rate CVR Energy stock as a “Moderate Sell” with a price target of $21.25 per share. The average price target suggests a 29.97% upside from the latest price.
Overall, CVI ranks 5th on our list of stocks that insiders bought in April after Trump’s tariff rollout. While we acknowledge the potential of CVI, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CVI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
