Insider Trading Report: CrossFirst Bankshares (CFB)

Benjamin Clouse, CFO at CrossFirst Bankshares (CFB), recently added 7,500 shares to his holdings. The buy increased his stake by just over 101 percent, and came to a total cost just over $97,400. That’s the first insider buy at the regional bank so far this year. One company director has been a regular and consistent seller of shares in the past year. Going further back, insider sales have likewise exceeded small insider buys after a selloff in shares. Overall, insiders at the ...
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Unusual Options Activity: Alphabet Inc (GOOGL)

Shares of search engine giant Alphabet (GOOGL) have shed nearly 20 percent of their value in the past year. One trader sees the potential for a further decline in shares in the next 14 months. That’s based on the September 2023 $53 puts. With 416 days until expiration, 6,299 contracts traded compared to a prior open interest of 150, for a 42-fold rise in volume on the trade. The buyer of the pus paid $0.88 to make the bearish bet. The stock ...
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This Top Tech Name Looks Attractive Ahead of Earnings

It’s still the early stages for earnings season. But we’ve seen companies perform above expectations, even as overall performance has started to slow in the past year. With some big tech names about to report, now may be the time to look at adding these stocks. While they’ve typically been growth names, in a market slowdown, smaller companies may not be able to grow. And the big established names could end up with a larger market share as a result. One company ...
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Insider Trading Report: Comtech Telecommunications Corp (CMTL)

Lisa Lesavoy, a director at Comtech Telecommunications Corp (CMTL), recently added 10,000 shares. The buy increased her stake by 118 percent, and came to a total price just over $102,000. The buy comes a day after the company CFO bought 4,000 shares for just over $32,000, and the company President and CEO picked up 6,250 shares, for just under $60,000. Insiders were otherwise sellers of shares in 2019 and earlier. Overall, insiders at the company own about 3.3 percent of shares. Shares ...
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Unusual Options Activity: United Parcel Service (UPS)

Shares of shipping and logistics company United Parcel Service (UPS) are down about 12 percent over the past year. One trader is betting on a rally in the next few weeks. That’s based on the August $205 calls. With 25 days until expiration, 5,468 contracts traded compared to a prior open interest of 173, for a 32-fold rise in volume on the trade. The buyer of the calls paid $1.58 to make the trade. Shares recently traded for about $187, so they ...
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As Liquidation Fears Wane, This Oversold Sector Could Slowly Recover from Here

The past few months have seen stocks move off their lows. Despite the daily swings in the market, the potential for a recession has been priced in. Some sectors have fared better than others during this downturn. In the meantime, the market recovery of the past few weeks has been best for beaten-down tech plays. And one of the hardest hit places, cryptocurrencies, has technically entered into a new bull market. From its lows last week alone, Bitcoin is up nearly ...
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Insider Trading Report: Occidental Petroleum (OXY)

Berkshire Hathaway (BRK-B), a major holder of Occidental Petroleum (OXY), continues to add to its stake in the company. The most recent pickup was a 242,241 share buy on Tuesday, representing a 0.13 percent increase in their holdings. The company paid $14.45 million for that stake. That adds on to regular, consistent buying over the past few months. The conglomerate is now closing in on a 20 percent stake in Occidental. The buying has continued even as oil prices have stalled out ...
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Unusual Options Activity: Las Vegas Sands (LVS)

Shares of casino giant Las Vegas Sands (LVS) are down about 28 percent in the past year. One trader is betting on a potential rebound in the coming months. That’s based on the October $40 calls. With 91 days until expiration, 7,891 contracts traded compared to a prior open interest of 125, for a 63-fold rise in volume on the trade. The buyer of the calls paid $2.71 to make the trade. Shares are just over $37, so they would need ...
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