Insider Trading Reports: Delek Holdings (DK)

Chairman and President makes $985,000 buy. Ezra Yemin, Chairman and President of Delek Holdings (DK), recently bought 27,500 shares at a cost of $985,000. The buy increased the leader’s total stake by over 4 percent to over 706,000 shares. Insider buying data shows this is the first buying from a company insider since early 2017. The data also shows that insiders have been regular sellers of shares quarterly, suggesting planned sales, but those sales have petered out in 2019. Delek operates downstream energy business in the United States, mostly through the processing of crude oil for gasoline, diesel and aviation ...
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Unusual Options Activity: Unum Group (UNM)

Bet on push back to 52-week lows. The March 2020 $30 put options on Unum Group (UNM) saw over 2,400 contracts trade against a prior open interest of 145—making for a 17-fold surge in volume. The short trade is already about $1.00 in-the-money as shares currently trade around $29.00. The option would need to see shares slide another $1.50 or so before today’s put buyer started to really start making a profit at expiration in the next 122 days. Unum group provides financial protection benefit solutions such as long-term and short-term disability, group life, accidental death, and other ancillary products to corporations for the ...
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Two Off-The-Radar Stocks With High Dividend Yields and Reasonable Growth

Investors can get income and growth with these smaller companies. There’s no shortage of great things to say about dividends. They provide regular cash payments. Once paid, they’re yours to do with as you please. And over time, a great company will grow them, creating better cash flows than the stable ones offered by bonds. Typically, dividends are seen as coming from mature companies with little growth prospects. That’s not always the case, however. We’ve found two companies that can grow their business while also providing generous payouts. With all eyes in the market focused on growth—or at least the overall markets making new ...
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Two Stocks Under $10 Likely to Outperform the Market Next Year

These beaten-down names are cheap, and showing signs of life. While there’s a disconnect between a company’s share price and its value, there are a number of low-priced stocks that have the potential to move higher. These companies tend to be smaller, and tend to have higher growth rates than more valuable companies, whose management tends to support far higher share prices. Looking at some cheap, beaten-down names likely to head higher in the next year, a number of companies with high risk and reward potential have emerged. One is in the energy space, where it looks more attractive the cheaper energy prices get ...
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Unusual Options Activity: Apple (AAPL)

Long-dated put options see heavy volume. Although consumer tech giant Apple (AAPL) is having a pretty good year, at least one trader is betting on a pullback. That’s based on the 40-fold surge in volume on the February 2020 $240 put options. With shares of the company around $264, that’s a bet on shares dropping nearly 10 percent. Over 11,000 of those contracts traded against a prior open interest of just 300— indicating a massive bet on a modest drop in shares. Shares of the company have soared 37 percent in the past year, more than double the return of ...
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Insider Trading Reports: Health Sciences Acquisitions Corp (HSAC)

CEO quadruples stake. Roderick Wong, CEO at Health Sciences Acquisitions Corporation (HSAC), quadrupled his stake with a 126,000 share buy. The cost came to just over $1.2 million, and leaves the CEO with over 156,000 shares. Insider data shows CEO buys as the only insider activity since going public back in July. HSAC went public as a “blank check” company, raising funds to acquire assets in the health space through a variety of means such as a merger, stock exchange, or stock purchase. The large purchase from the CEO this month indicates that a potential move may be ahead ...
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Unusual Options Activity: The Walt Disney Company (DIS)

Bet on further move higher after Disney+ launch. The September 18th, 2020 $180 call options on The Walt Disney Company (DIS), saw over 2,100 contracts trade, a 12-fold surge in volume. Given the current share price of $147, the option will close in-the-money if shares rally over 22 percent in the next 10 months. Shares of Disney have already jumped this week as the company announced that its streaming service, Disney+, was so popular that it already has 10 million subscribers. The media giant is having a great year, having dominated the box office so far thanks to strong showings from its Marvel ...
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Insider Trading Reports: Trinity Industries (TRN)

Investment fund adds to stake. Brandon Boze, investment manager at ValueAct Capital, purchased another 677,500 shares of Trinity Industries (TRN). The buy, which cost the fund over $14.5 million, increased their stake by 2.8 percent and leaves the fund just shy of 24.9 million shares. ValueAct owns over 10 percent of the company, and has been a repeat buyer of shares, with buys as much as 35 percent higher than where shares currently trade. There have been a handful of sales from executives. Trinity Industries provides rail transportation products and services in north America, with a fleet of over ...
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