Insider Trading Report: Sealed Air Corp (SEE)

Sergio Pupkin, a senior vice president at Sealed Air Corp (SEE), recently picked up 1,000 shares. The buy increased his holdings by 2 percent, and came to a total cost of just over $44,000. He was joined by a director making a first-time buy of 1,200 shares, paying out about $50,000 for the stake. This marks the first insider activity at the company since November 2020. Over the past three years, insider buys have beaten out total insider sales. Overall, company insiders ...
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Unusual Options Activity: Starbucks (SBUX)

Shares of coffee chain Starbucks (SBUX) have rebounded strongly off of earnings in the past few days. One trader sees a further rally in shares over the months ahead. That’s based on the March $115 calls. With 127 days until expiration, 86,914 contracts traded compared to a prior open interest of 330, for a staggering 263-fold jump in volume on the trade. The buyer of the calls paid $0.89 to make the bet. Shares recently traded around $90, so they would ...
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Companies that Can Smartly Cut Expenses Can Deliver Big Profits

During a boom, companies tend to need more employees or services immediately. So they pay market rates… and often end up overbuilding when the boom comes to an end. Many companies have already started laying off employees, or have held off on hiring new ones. If a company can find a way to do the same level of business (or more) with fewer employees, those lower expenses can lead to a bigger profit. That’s true even if the underlying business isn’t ...
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Insider Trading Report: Newell Brands (NWL)

James Craigie, a director at Newell Brands (NWL), recently bought 10,000 shares. The buy increased his holdings by nearly 46 percent, and came to a total cost of just over $133,000. This marks the first insider buy at the company since mid-2021. Company directors have been sellers of shares this year until this latest buy. Over the past three years, insider buying has far exceeded insider selling. Overall, company insiders own 0.5 percent of shares. Shares of the home goods manufacturer are ...
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Unusual Options Activity: Alphabet (GOOG)

Shares of search engine giant Alphabet (GOOG) have shed 44 percent of their price in the past year. One trader sees a further decline ahead for shares in the next month. That’s based on the December 9 $80 puts. With 31 days until expiration, 12,579 shares traded compared to a prior open interest of 183, for a 68-fold jump in volume on the trade. The buyer of the puts paid $1.42 to make the bearish bet. Shares recently traded just over ...
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Buy Companies That Sell Inelastic Goods

In finance, there’s a concept called elasticity. It shows that some goods won’t see a big drop in demand, even if there’s a big change in price. This can be seen with energy prices, as people have to heat their home and drive to and from work. It’s also plain to see in the food space, as people have to eat. Companies that cater to these demands tend to be steadily profitable, or even improve amid inflation. One such example is Kellogg ...
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Insider Trading Report: Barnes Group (B)

Richard Hipple, a director at Barnes Group (B), recently bought 1,200 shares. The buy increased his holdings by nearly 9 percent, and came to a total cost just under $43,000. That’s the first insider buy at the company in over two months. Another director has been buying this year, and some company insiders have been sellers. Over the past year, buys have exceeded sales. However, large insider sales in 2020 tip the scale over the past three years to sellers. Overall, company ...
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Unusual Options Activity: Devon Energy Corporation (DVN)

Shares of oil and gas exploration company Devon Energy Corporation (DVN) are up about 60 percent in the past year. One trader sees a further rally in shares in the coming weeks. That’s based on the November 25 $76 calls. With 18 days until expiration, 14,059 contracts traded compared to a prior open interest of 243, for a 45-fold rise in volume on the trade. The buyer of the calls paid $1.23 to make the bullish bet. Shares recently traded near $71, ...
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