Top 5 Stocks Insiders Bought Before/After Latest Earnings

2. Vestis Corp (NYSE:VSTS)

Number of Hedge Fund Investors: 41

Uniforms and workplace supplies company Vestis Corp (NYSE:VSTS) posted weak numbers for the fiscal second quarter on May 2, missing estimates on both earnings and revenue. GAAP EPS in the quarter came in at $0.05, $0.13 below the estimates. Revenue totaled $705 million, missing analyst estimate by $18.06 million. The next day, two directors at Vestis Corp (NYSE:VSTS) swooped in to buy the stock.  Douglas A. Pertz, a director at Vestis Corp (NYSE:VSTS), bought 110,000 shares at $10.02 per share. James Phillip Holloman, another director at Vestis Corp (NYSE:VSTS), bought 20,200 Vestis shares at $9.93 per share. Since then the stock has gained about 8%.