Insider Trading Report: Enterprise Products Partners LP (EPD)

Carin Barth, a director at Enterprise Products Partners LP (EPD), recently picked up 5,000 shares. The buy increased the director’s stake by just over 8 percent, and came to a total cost of $108,000. This adds to a number of insider buys throughout the year, including a director buy last month and two buys from the company Co-CEO back in September. Over the past three years, insiders have only been buyers, with no insider sales. Currently, insiders own 32.5 percent of ...
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Unusual Options Activity: Peloton Interactive (PTON)

Shares of exercise technology company Peloton Interactive (PTON) have shed over 75 percent of their value in the past year. with expectations for shares low, one trader is betting that the selloff is largely over. That’s based on the January 2024 $35 calls. With 749 days until expiration, over 2,769 contracts traded compared to an open interest of 123, for a 23-fold rise in volume. The buyer of the calls paid $14.70 to make the trade. Shares are currently right around ...
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This Slow Mover In 2021 Is Picking Up the Profit Margins For 2022

While the stock market as a whole had a great year, a number of great companies didn’t go along for the ride. That may be due to reasons specific to a company, or simply because some great companies outperformed in 2020 and were simply taking a pause before moving higher. Investors can still profit from the growth of companies, even large ones, particularly if they’re working to increase profit margins and find new growth opportunities in the coming year. One such play ...
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Insider Trading Report: The First Bancorp (FNLC)

Kimberly Swan, a director at The First Bancorp (FNLC), recently picked up 5,000 shares. The buy increased her stake by 249 percent, and came to a total price of just under $151,000. This is the director’s second buy of the year, following a 350 share pickup back in July. Those mark the only two insider buys of 2021. Over the past three years, insiders have been both buyers and sellers, although buyers have far outweighed sales from company insiders, including both ...
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Unusual Options Activity: Diamondback Energy (FANG)

Shares of energy exploration and development company Diamondback Energy (FANG) are up 125 percent over the past year on a strong energy market. One trader sees the potential for a move even higher. That’s based on the June $120 calls. With 168 days until expiration, 3,663 contracts traded against a prior open interest of 102, for a 36-fold rise in volume. The buyer of the calls paid $10.65 to make the trade. While shares have moved higher in the past year, the ...
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This Billion-Dollar Trend Points to Multiple Ways to Profit in the New Year

The economy continues to move back to a pre-pandemic normal. That includes rising travel levels, as well as an increased number of in-person venues. One area starting to show strength at last: Cinema attendance. That’s thanks in part to Spider-Man: No Way Home, which crossed $1 billion in box office sales on Christmas. While another blockbuster film may take time to reach that box-office prowess, the strength of this film is enough to show that theaters can return to pre-pandemic levels ...
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Insider Trading Report: Fresh Vine Wine Inc (Vine)

Damian Novak, Executive Chairman of Fresh Vine Wine Inc (VINE), recently bought 25,200 shares. The buy increased his stake by just under 0.5 percent, and came to a total price of just under $139,000. This marks the first insider transaction at the company since it went public in the past two weeks. Since going public, shares have shed nearly 25 percent of their value. Overall, insiders still own over 77 percent of the company. Shares went public as the company, which focuses ...
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Unusual Options Activity: Affirm Holdings (AFRM)

Shares of mobile commerce company Affirm Holdings (AFRM) have been declining in recent weeks after a big jump higher earlier in the year. One trader sees the potential for shares to reverse course and trend higher again. That’s based on the May $125 calls. With 141 days until expiration, over 5,125 contracts traded compared to an open interest of 336, for a 15-fold rise in volume. The buyer of the calls paid $15.40 to make the trade. Shares last traded around $107, ...
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