16358

Insider Activity Report: WillScot Holdings (WSC)

Bradley Soultz, CEO of
WillScot Holdings (WSC) recently bought 5,000 shares. The buy increased his stake by 1%, and came to a total cost of $194,855. Soultz was also the last buyer of shares with a 5,000 share buy back in May, which came to around $192,000. And the CEO has been a steady buyer going back into 2023. There has been one insider sale over the past year from a company director. Overall, insiders at the workplace and storage rental service ...
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16361

Unusual Options Activity: Valley National Bancorp (VLY)

Regional bank
Valley National Bancorp (VLY) is up 8% over the past year, far lagging the overall stock market. One trader sees shares trending higher over the coming weeks. That’s based on the October 18 $10 calls. With 25 days until expiration, 18,507 contracts traded compared to a prior open interest of 263, for a 70-fold rise in volume on the trade. The buyer of the calls paid $0.15 to make the bullish bet. Valley National recently traded for about $9.35, so shares ...
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16354

There’s Still Good Value in This Sector

Investors love tech stocks, but have started to branch out to other sectors, such as utilities, telecom, and consumer stocks in recent months. Those sectors could continue to help lead the overall market higher into 2025. Meanwhile, some sectors are starting to look oversold. They’ve simply been too far out of favor with the market for too long. They could be best poised for the strongest returns over the coming months. Right now, energy looks like an unloved part of the market ...
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16355

Insider Activity Report: Starbucks (SBUX)

Jorgen Knudstorp, a director at
Starbucks (SBUX), recently bought 380 shares. The buy increased his stake by 1%, and came to a total cost of $34,770. This marks the first insider buy at the company over the past two years. Company insiders are regular sellers of shares, in particular the company’s North America CEO, who also recently resigned. Most of the sales were direct sales, with only one insider sale coming following the exercise of stock options. Overall, Starbucks insiders own 2% ...
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16356

Unusual Options Activity: Uranium Energy Corp (UEC)

Uranium producer
Uranium Energy Corp (UEC), is down 2% over the past year, with shares down over one-third from their February peak. One trader sees the stock recovering to bounce higher into next year. That’s based on the February 2025 $8 calls. With 154 days until expiration, 3,635 contracts traded compared to a prior open interest of 127, for a 29-fold rise in volume on the trade. The buyer of the calls paid $0.21 to make the bullish bet. UEC shares recently traded ...
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16350

In a Market Selloff, Buy This Big Tech Holding

Many big tech stocks have led the market higher over the past two years. However, not all tech stocks are alike. Investors have been betting on plays with fast growth now. But as the market shifts, looking for consistent growth may be a better option for investors. That’s because the spending growth on AI is likely to start slowing in 2025. The big spending now should decline as companies look to integrate new AI tools and reassess their needs from there. So ...
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16351

Insider Activity Report: Gannett (GCI)

Laurence Tarica, a director at
Gannett (GCI), recently bought 50,000 shares. The buy increased his holding by 5%, and came to a total cost of $225,000. This marks the first insider activity of 2024. Tarica was the last buyer of shares with a 200,000 buy for $370,000 back in November 2023. 2023 also saw a buy from the company CEO, for 60,000 shares valued at just over $220,000. Over the past two years, there have been no insider sales. Overall, Gannett insiders ...
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16353

Unusual Options Activity: Genpact Limited (G)

Outsourcing and IT services giant
Genpact Limited (G) is up 6% over the past year, far lagging the overall stock market. One trader sees shares trending lower into the end of the year. That’s based on the December 20 $30 puts. With 92 days until expiration, 4,000 contracts traded compared to a prior open interest of 130, for a 31-fold rise in volume on the trade. The buyer of the puts paid $0.20 to make the bearish bet. Genpact shares recently traded for ...
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