Trading Tips Blog

Jay Farner, CEO of Rocket Companies (RKT), recently picked up 8,900 shares. The buy increased his stake by just over 0.5 percent, and came to a total purchase price of $99,000. That’s the first insider transaction of any kind over the past year. Just over one year ago, a major shareholder sold 20,200,000 shares, just before the price started to slide by about 55 percent. Overall, company insiders own about 2.6 percent of shares. The mortgage company has slid by a full ...
Read More

Shares of supply chain service company Flex (FLEX) have been trading in a range over the past year. The stock has recently bounced to the top end of its range, and one trader is betting on a new breakthrough in the coming weeks. That’s based on the May $20 calls. With 46 days until expiration, 10,639 contracts traded compared to an open interest of 202, for a 53-fold surge in volume. The buyer of the calls paid $0.60 to make the ...
Read More

The uncertainty in markets right now has hit growth stocks, particularly in the tech space, hard. Many names are down as much as 50 percent off their highs, and at the market low a few weeks back, that included nearly half the stocks in the Nasdaq. Markets are starting to come up, although they’re still willing to sell off on uncertainty. However, one top growth name has managed to navigate supply chain and other global issues to remain strong. That company is ...
Read More

Paul Pittman, CEO of Farmland Partners Inc (FPI), recently picked up 2,000 more shares. The buy increased his holdings by 0.1 percent, and came to a total purchase price of just under $27,000. This marks the first insider buy of the year. Pittman was an active buyer late last year with a number of transactions at a slightly lower price. The last insider sale at the company occurred in March of last year. Overall, insiders at the company own over 9.4 ...
Read More

Shares of trucking company Knight-Swift Transportation Holdings (KNX) have been in an uptrend for the past few months. One trader sees the rally losing steam in the coming weeks. That’s based on the May $45 puts. With 49 days until expiration, 7,549 contracts traded compared to a prior interest of 202, for a 37-fold rise in volume. The buyer of the puts paid $0.45 to make the trade. Shares of the trucking company are up 12 percent over the past year, just ...
Read More

Companies continue to have growing data storage needs, and cloud services provide a great way to ensure data can be accessed securely while also from anywhere. A number of companies play to this trend, with everything from data centers themselves to companies that offer web hosting services. But the entire technology still remains locked in a world of physical hardware to make it all happen. That fact plays well to a number of hardware players. Memory chip company Micron (MU) has been ...
Read More

Kenneth Quigley, a director at UMH Properties (UMH), recently picked up 1,000 shares. The buy increased his holdings by 7.8 percent, and came to a total purchase price of just under $24,000. This is the second buy from the director this month. Company insiders have been active as both buyers and sellers over the past three years, with a larger number of recent buys and sells alike. Overall, insiders at the company own just under 7 percent of shares. The owner and ...
Read More

Shares of banking technology company Fidelity National Information Services (FIS) have been in a steady downtrend over the past year, shedding more than a third of their value. Shares have started to trend up in recent weeks, and now one trader sees further upside ahead. That’s based on the July $140 calls. With 106 days until expiration, 39,195 contracts traded against a prior open interest of 248, for a staggering 158-fold surge in volume. The buyer of the calls paid $0.43 ...
Read More