Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform.

DENTSPLY SIRONA

• The Trade: DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Director Gregory T Lucier acquired a total of 3,577 shares at an average price of $27.95. To acquire these shares, it cost around $99,976.
• What's Happening: On May 2, the company reported adjusted earnings per share of 42 cents, in line with the street view.
• What DENTSPLY SIRONA Does: Dentsply Sirona is one of the world’s largest manufacturers of dental equipment and supplies.

CARGO Therapeutics

Wintrust Financial

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