Tech Stocks to Buy Now: Insider Picks – June 2024
- Insider buying in smaller-cap tech stocks often suggests promising investment opportunities.
- While two companies appear poised for gains, investors should approach one wiht caution, as it may decline by 20% before recovering.
- Science Applications International Corp leads in insider buying since March.
Uncover the insider secrets of the tech world! This June, discover wich tech stocks insiders are betting on, and what that means for your portfolio. We analyze the latest insider buying trends, highlighting tech stocks like Science Applications International Corp (SAIC), ON24 Inc., and Asana Inc. Learn why accelerating contract wins, turnaround efforts, and burgeoning business could signal critically important opportunities. Explore the potential of these secondary_keyword investments with insights from News Directory 3. Understand the reasoning behind these strategic moves and how they might impact stock prices. Discover what’s next for leading tech companies and the crucial moves insiders are making right now.
Insider Buying: Three Tech Stocks to Watch in June
updated June 4, 2025
Insider buying in smaller-cap tech stocks often suggests promising investment opportunities. Several companies show catalysts for potential share price increases, driven by insider activity, including improved profitability and capital returns.But which insiders are buying, how much are they investing, and what could it mean for the stock price as 2025 unfolds?
While two companies appear poised for gains, investors should approach one wiht caution, as it may decline by 20% before recovering.
Science Applications International Corp (SAIC)
Science Applications International Corp leads in insider buying since March. Although purchases by the CEO, an executive vice president, and several directors were relatively small, their activity, combined with othre insiders, accounts for 0.44% ownership as of early June. Share-based compensation influences both buying and selling.
Despite mixed signals, SAIC presents a buying opportunity ahead of summer. A drop in stock price followed a tepid FQ1 earnings report. However, the company demonstrated growth, maintained steady margins, and reported accelerating contract wins.
SAIC, which aids the government and military modernize digital technology, anticipates growth and reliable cash flow. The company’s dividend yields about 1.5% in early June, supported by share buybacks.
ON24, Inc.
ON24 Inc., providing an engagement platform for businesses, shows significant insider activity. The founder and Lynrock Lake LP reported 19 separate transactions, bringing total ownership to 33%. Lynrock Lake, the largest shareholder at about 18%, maintains a long-term, value-focused approach.
ON24 is a microcap struggling to gain traction. Revenue has declined since 2021, with no expected enhancement. Still,the company’s turnaround efforts are gaining traction.A share buyback program signals board confidence. High institutional interest accounts for nearly all remaining shares.
Analysts rate the stock as a Hold, viewing it as fairly valued near early June prices.
Asana Inc.
Asana Inc., a workflow management platform, is experiencing business is growing in 2025 and transitioning to profitability, potentially driving CEO Dustin Moskovitz’s share purchases. His 10 buys increased his holding to about 55% of the float.
These buys coincide with increasing institutional activity,though institutions hold only 25% of the stock. Short interest, while decreased, remains elevated at 11%, posing a headwind for the market. Analysts rate the stock as a Hold, but revisions suggest a potential double-digit price decline.
What’s next
Investors should monitor insider buying trends and analyst ratings to make informed decisions about these tech stocks. Keep an eye on Science Applications International’s contract wins, ON24’s turnaround progress, and Asana’s ability to overcome market headwinds.