17667

Buy This Value Play in a High-Margin Tech Niche

The recent market selloff took stocks into correction territory in the span of a few weeks. It’s the fifth-fastest selloff. And while stocks are looking to settle down now, if not rebound later in the year, some areas have fared worse than others. Many widely-held tech names have seen their shares get cut by a quarter or even half over the past few months. However, that hasn’t changed their fundamentals. For most companies, it could be a case of falling too far, ...
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17669

Insider Activity Report: Home Depot (HD)

Gregory Brenneman, a director at Home Depot (HD), recently bought 2,884 shares. The buy increased his stake by 5%, and came to a total cost of $999,967. This is the first insider buy at Home Depot over the past two years. Company executives have been regular sellers of shares, with most of those sales occurring following the exercise of stock options. The largest sale occurred when the company CEO sold 25% of his position for over $13 million in early 2024. Overall, ...
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17670

Unusual Options Activity: DraftKings (DKNG)

Online betting site DraftKings (DKNG) is down 20% over the past year, as the company has failed to translate its growing earnings into a profit. One trader sees shares trending higher in the months ahead. That’s based on the August $52.50 calls. With 144 days until expiration, 41,144 contracts traded compared to a prior open interest of 140, for a massive 294-fold rise in volume on the trade. The buyer of the calls paid $1.15 to make the bullish bet. DraftKings shares ...
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17658

Activist Interest Indicates a Value Hidden in Plain Sight

Activist investors can be a mixed bunch. They’re on the hunt for companies that are undervalued, or could make some changes and kick off higher growth. By buying a large stake and petitioning management, these companies can effectively create their own positive returns. Investors who follow along with activist investors, particularly those with a strong track record, can also see great returns within the span of a few quarters as value hidden in plain sight is unlocked. For instance, Starboard Value, one ...
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17659

Insider Activity Report: Las Vegas Sands (LVS)

Muktesh Pant, a director at Las Vegas Sands (LVS), recently bought 23,000 shares. The buy is an initial stake for the director, and came to a cost of just under $1,000,000. This marks the first insider buy at LVS over the past two years. There have been a few massive insider sales, including the company CEO, who sold 100% of his stake last November at higher prices. And a major shareholder sold off nearly $2 billion of shares in late 2023. Overall, ...
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17660

Unusual Options Activity: C3.ai (AI)

AI software company C3.ai (AI) is down 23% over the past year as the early stage company has struggled to move to profitability. One trader is betting on a move higher in shares over the coming months. That’s based on the June $25 calls. With 91 days until expiration, 37,044 contracts traded compared to a prior open interest of 394, for a 94-fold rise in volume on the trade. The buyer of the calls paid $2.40 to make the bullish bet. C3.ai ...
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17654

For This Group of Stocks, Slow and Steady Wins the Race

Some companies are primed for growth. Investors can get fantastic returns, but can get burned if that growth slows, or even on hints that the growth may slow. Other companies offer investors a better value. While they tend to have lower volatility throughout the course of a year, there are times when markets are jittery and a slow-and-steady holding may be ideal. These companies tend to sell off less than the market, but in a big selloff, they could be solid ...
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17655

Insider Activity Report: Reddit (RDDT)

David Habiger, a director at Reddit (RDDT), recently bought over 1,500 shares across two transactions. The buys increased his position by 6%, and came to a total cost just over $200,000. Habiger was the last director to buy shares back in March 2024, with a 3,000 share pickup. Otherwise, Reddit insiders have been large and consistent sellers, which is typical for a company that has recently gone public and has considerable insider holdings. Overall, Reddit insiders own 18.2% of shares. The social ...
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