Magnum Ice Cream Pick of the Week at Smart Insider Following $7.1 Million in Insider Purchases

MT Newswires Live

2025/12/16

Magnum Ice Cream (MICC) was Smart Insider's stock pick of the week after recent insider purchases increased to $7.1 million.

Smart Insider said it ranked the stock a "notable & positive signal" on Dec. 9 after Magnum's chief executive, chief financial officer, chief human resources officer, and three directors bought shares worth $4 million at 12.80 euros ($15.05) a share following the Unilever (UL) spinoff's trading debut on Dec. 8.

CEO Peter Ter Kulve bought another $1.8 million worth of Magnum shares at 12.92 euros apiece on Dec. 10, Smart Insider said in a Tuesday note.

Additional buying came from the CHRO, the chair, two directors, and an executive vice president, totaling about $3.1 million, according to Smart Insider.

"While the buying is likely coordinated, it is still aggressive," said Smart Insider, which upgraded the stock to "strong positive signal."

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positive signal\" on Dec. 9 after Magnum's chief executive, chief financial officer, chief human resources officer, and three directors bought shares worth $4 million at 12.80 euros ($15.05) a share following the Unilever (UL) spinoff's trading debut on Dec. 8.</p><p>CEO Peter Ter Kulve bought another $1.8 million worth of Magnum shares at 12.92 euros apiece on Dec. 10, Smart Insider said in a Tuesday note.</p><p>Additional buying came from the CHRO, the chair, two directors, and an executive vice president, totaling about $3.1 million, according to Smart Insider.</p><p>\"While the buying is likely coordinated, it is still aggressive,\" said Smart Insider, which upgraded the stock to \"strong positive signal.\"</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0124676726.USD","symbol_name":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2591980135","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2591980135","pubTimestamp":1765894554,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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