Insider Trading Report: Walmart (WMT)
Randall Stephenson, a director at
Walmart (WMT), recently picked up 7,725 shares. The buy came to a total purchase price of $1.2 million, and increased the director’s holdings by over 1,300 percent. This is the first insider buy in over three years. Insiders, typically members of the Walton family but also some executives, have exclusively been sellers in the past three years. Even with the large, regular sales by company insiders, they still own over 51 percent of shares. Shares of the ...
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Walmart (WMT), recently picked up 7,725 shares. The buy came to a total purchase price of $1.2 million, and increased the director’s holdings by over 1,300 percent. This is the first insider buy in over three years. Insiders, typically members of the Walton family but also some executives, have exclusively been sellers in the past three years. Even with the large, regular sales by company insiders, they still own over 51 percent of shares. Shares of the ...
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Unusual Options Activity: Airbnb (ABNB)
Lodging platform app
Airbnb (ABNB) has been trending up since it first went public late last year. Following better than expected earnings, shares have been trending higher. One trader sees a further move ahead. That’s based on the June $210 calls. With 94 days until expiration, over 9,200 contracts traded, a 49-fold rise in volume from the prior open interest of 187. The buyer paid about $24.50 for the calls. Shares are just around $200, so they would need to rally just over ...
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Airbnb (ABNB) has been trending up since it first went public late last year. Following better than expected earnings, shares have been trending higher. One trader sees a further move ahead. That’s based on the June $210 calls. With 94 days until expiration, over 9,200 contracts traded, a 49-fold rise in volume from the prior open interest of 187. The buyer paid about $24.50 for the calls. Shares are just around $200, so they would need to rally just over ...
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This Overlooked Software Play is Set to Reward Investors
Tech stocks may be off their lows, but traders aren’t quite ready to embrace the space quite yet. That’s resulted in a few relative bargains. Especially when a company is capable of posting massive growth right now.
That’s the case with
Oracle (ORCL). The software giant has been shifting to a subscription revenue model, which has made for stronger and more consistent earnings. Profits are now up 20 percent compared to a year ago. Besides trouncing on earnings, the company just boosted ...
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Oracle (ORCL). The software giant has been shifting to a subscription revenue model, which has made for stronger and more consistent earnings. Profits are now up 20 percent compared to a year ago. Besides trouncing on earnings, the company just boosted ...
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Insider Trading Report: Gold Resource Corp (GORO)
Alex Morrison, a director at
Gold Resource Corp (GORO), just picked up 17,900 shares. The buy increased his stake to over 51,500 shares in total, and came to a total cost of just over $47,000. This marks the first insider buy at the company this year. Insiders have been both buyers and sellers over the past few years, with company insiders generally having the edge over sellers. Insiders own 3.3 percent of shares. Shares of the gold mining company have just bounced off ...
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Gold Resource Corp (GORO), just picked up 17,900 shares. The buy increased his stake to over 51,500 shares in total, and came to a total cost of just over $47,000. This marks the first insider buy at the company this year. Insiders have been both buyers and sellers over the past few years, with company insiders generally having the edge over sellers. Insiders own 3.3 percent of shares. Shares of the gold mining company have just bounced off ...
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Unusual Options Activity: DraftKings (DKNG)
Sports gambling firm
DraftKings (DKNG) saw shares soar higher following a positive investor’s day presentation. One trader is betting on a further move even higher. That’s based on the August $90 calls. With 160 days until expiration, and with shares near $70, the option would move in-the-money if shares moved about $20 higher. Over 16,300 contracts traded, a 37-fold rise over the prior interest of 435 contracts. The option buyer paid about $6.35 for the trade. Online sports gambling is a relatively new industry, ...
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DraftKings (DKNG) saw shares soar higher following a positive investor’s day presentation. One trader is betting on a further move even higher. That’s based on the August $90 calls. With 160 days until expiration, and with shares near $70, the option would move in-the-money if shares moved about $20 higher. Over 16,300 contracts traded, a 37-fold rise over the prior interest of 435 contracts. The option buyer paid about $6.35 for the trade. Online sports gambling is a relatively new industry, ...
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Recovering Economy Points to Increased Profits for this “Toll Road”
One of the casualties of the pandemic has been consumer spending—at least plus or minus any stimulus programs. That’s resulted in reduced shopping and reduced transactions. That’s made it tougher for the credit card networks.
However, with a recovering economy and likely more spending across a larger number of goods and services, the traditional card networks are likely to see a comeback in volume. That’s why a number of analysts are upgrading the space.
While newer Fintech companies still pose a ...
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Insider Trading Report: Parker Hannifin (PH)
Lance Fritz, a director at
Parker Hannifin (PH), recently picked up 3,900 shares. The purchase price came to just under $1.2 million. This marks the first insider buy at the company since mid-2019. Insiders have generally been sellers of shares. Insider sales have been strong from both company executives and directors, even at lower prices than where shares have traded today. Overall, insiders own 0.4 percent of company shares. The specialty manufacturing and industrial company has seen shares rise in recent months, ...
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Parker Hannifin (PH), recently picked up 3,900 shares. The purchase price came to just under $1.2 million. This marks the first insider buy at the company since mid-2019. Insiders have generally been sellers of shares. Insider sales have been strong from both company executives and directors, even at lower prices than where shares have traded today. Overall, insiders own 0.4 percent of company shares. The specialty manufacturing and industrial company has seen shares rise in recent months, ...
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Unusual Options Activity: Nvidia (NVDA)
Graphics processing firm
Nvidia (NVDA) is a major player in the semiconductor space. The recent shortage hasn’t been enough to keep shares from declining. But one trader sees a big move ahead. That’s based on the May $480 calls. Over 8,500 contracts recently traded, a 56-fold rise in volume from the prior open interest of 153. The trade expires in 70 days, and with shares around $500, the calls are about $20 in-the-money. The trader paid about $50.00, or $5,000 per contract, on ...
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Nvidia (NVDA) is a major player in the semiconductor space. The recent shortage hasn’t been enough to keep shares from declining. But one trader sees a big move ahead. That’s based on the May $480 calls. Over 8,500 contracts recently traded, a 56-fold rise in volume from the prior open interest of 153. The trade expires in 70 days, and with shares around $500, the calls are about $20 in-the-money. The trader paid about $50.00, or $5,000 per contract, on ...
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