China’s Crackdown Creates Buying Opportunity

While it’s usually a good idea in investing not to fight a central bank, it can sometimes be a good idea to buy when a regulatory authority is stepping up its bounds. That’s especially true when targeting a company that can thrive even under a stricter regulatory regime. Chinese companies have come under fire in recent weeks, as many tech companies are looking to tighten up how their data is protected, deal with the effects of increased antitrust laws, and the ...
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Insider Trading Report: B. Riley Financial (RILY)

Bryant Riley, Chairman at B. Riley Financial (RILY), recently bought 15,000 more shares. That buy increased his stake by about 0.25 percent, and came to a total price of just over $953,000. That was the most recent of his four total buys (so far) this month. He was joined by the company’s CEO, Andrew Moore, who picked up 5,000 shares. That buy increased his stake by 2.2 percent, and came to a total price of just over $318,000. Overall, company insiders own ...
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Unusual Options Activity: Live Nation Entertainment (LYV)

Shares of event sales platform Live Nation Entertainment (LYV) have pulled back in recent weeks, likely due to a rise in Covid cases. One trader sees shares shaking off their recent fears and heading higher. That’s based on the January 2023 $95 calls. With 519 days until expiration, over 12,690 contracts traded against a prior open interest of 280 for a 45-fold surge in volume. The buyer of the calls paid about $11.25 to make the trade. Shares have pulled back to ...
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Data Breaches Provide Investment Opportunity

The past few years have seen a number of companies have their data hacked. This can include everything from customer sales data to personal information as well. These hacks tend to lead to a drop in share price of a company, but they tend to recover in time. The most recent company to see a big hack is T-Mobile (TMUS). The telecom giant has reported that the latest hack is a big one. While unfortunate, the effects of the hack are likely ...
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Insider Trading Report: Genuine Parts Company (GPC)

John Holder, a director at Genuine Parts Company (GPC), recently picked up 2,000 more shares. That increased his stake at the company by nearly 13 percent, and came to a total purchase price of just under $250,000. This is the first insider buy of the year, and the third made by Holder in the past year. Insiders have generally been small buyers of shares overall, with the last insider sale occurring in 2019. Overall, company insiders own nearly 3 percent of ...
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Unusual Options Activity: Beyond Meat (BYND)

Shares of plant-based meat alternative Beyond Meat (BYND) have been trading in a range over the past year, and are now trading near the lower end of their range. One trader sees the possibility for a big move higher in the coming months. That’s based on the December $150 calls. With 121 days until expiration, over 4,975 contracts traded compared to a prior open interest of 106 contracts, for a 47-fold rise in volume. The buyer of the calls paid about $4.70 ...
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Red-Hot Housing Trends Point to Boon for These Companies

Home prices continue to move higher at a record pace. That’s led to a strong demand for more housing to meet this lack of supply, and existing homeowners are looking to upgrade their homes as well. These trends point strongly to home supplier companies, and that trend looks set to continue even if home prices moderate in the coming months ahead. The top two players for home improvement are, by far, Home Depot (HD) and Lowe’s (LOW). Both companies have reported ...
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Insider Trading Report: Palantir Technologies (PLTR)

Cathie Wood of ARK Investments, a major holder in Palantir Technologies (PLTR), picked up more shares of the company after its earnings report last week. The total buys across a number of funds came to nearly $140 million, or 5.2 million shares. That contrasts some modest sales made by ARK in late June. Overall, institutions like ARK Investments own just 25 percent of shares, and company insiders themselves own about 12.8 percent of company shares. The data analytics company just reported that ...
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