Insider Trading Report: Weyerhaeuser (WY)

Albert Monaco, a director at Weyerhaeuser (WY), recently picked up 3,000 shares. The buy increased his stake by about 12 percent, and came to a total price of just over $115,000. This marks the first insider buy at the company in over a year. Company executives have been sizeable sellers of shares over the past year. Going further back, there’s been a more even mix of insider buys by directors and sales from company executives. Overall, company insiders own about 0.2 ...
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Unusual Options Activity: Comstock Resources (CRK)

Shares of oil and gas exploration company Comstock Resources (CRK) have soared 256 percent in the past year. One trader is betting on a further rally higher for the energy company. That’s based on the September $22 calls. With 98 days until expiration, 10,096 contracts traded compared to a prior open interest of 154, for a 66-fold jump in volume on the trade. The buyer of the calls paid $2.83 to get into the trade. Shares last traded just over $21, so ...
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One Way to Benefit as Consumers Recover from Declining Inflation Rates

Consumers have been spending more in the past year, but overall sales are down. It’s inflation that’s causing the total rise, at least for the moment. Retailers are having to deal with two conflicting issues. Supply chain disruptions are leading to genuine shortages. And consumers cutting back on spending due to inflation is leading to an inventory excess in other areas. “Cheap chic” retailer Target (TGT) sounded this unusual warning. The company cut its earnings guidance on Tuesday, leading to shares ...
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Insider Trading Report: United Airlines Holdings (UAL)

Edward Shapiro, a director at United Airlines Holdings (UAL), recently picked up 50,000 shares. The buy represents an initial stake by the director. The total cost to acquire the shares came to just over $2.35 million. This is the first insider buy at the company since late 2020. Over the past three years, company executives have been sellers of shares, with only a handful of buys from company directors. Overall, company insiders own 0.3 percent of shares. The airline company has seen ...
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Unusual Options Activity: Canopy Growth Corp (CGC)

Shares of pot stock Canopy Growth Corp (CGC) are down 84 percent in the past year. One trader is betting that steady downtrend will continue. That’s based on the October $10 puts. With 134 days until expiration, 10,002 contracts traded compared to a prior open interest of 342, for a 29-fold rise in volume on the trade. The buyer of the puts paid $6.23 to make the downside bet. Shares last traded at about $4.25, so the option is priced with ...
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Industry Leaders Always Find a Way to Grow Their Business (Or Their Share Price)

Companies that lead their industry tend to have some special factor that allows them to make a larger profit than competitors. This can be exploited with higher growth rates… or by using some extra tools to ensure they hold up better than the competition during a market decline. Such tools can come in the form of a dividend, an astute buyback, a major merger, or even splitting shares. A share split may not change the total size of a company, but a ...
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Insider Trading Report: NetApp Inc (NTAP)

Michael Berry, EVP of Finance & Operations at NetApp (NTAP), recently picked up 5,000 shares. The buy increased his stake by 5.5 percent, and came to a total price of just over $360,000. This marks the first insider buy at the company since March 2021. Otherwise, insiders have largely been sellers at the company over the past three years, including a number of regular sales by the company CEO and the company president, among others. Overall, insiders own about 0.3 percent ...
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Unusual Options Activity: Las Vegas Sands (LVS)

Shares of casino operator Las Vegas Sands (LVS) have shed nearly 40 percent in the past year. One trader sees further downside in the weeks ahead. That’s based on the July $29 puts. With 37 days until expiration, 4,196 contracts traded compared to a prior open interest of 149, for a 28-fold rise in volume on the trade. The buyer of the puts paid $0.53 to get into the trade. Shares recently traded just over $35, but have a 52-week low ...
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