13335

Insider Trading Report: Tilly’s (TLYS)

Michael Henry, CFO at
Tilly’s (TLYS), recently picked up 2,300 shares. The buy increased his holdings by about 7 percent, and came to a total cost just under $16,000. This is the CFO’s first buy since back in July, and following up on two more buys in June, following a big drop in the share price. These buys have occurred amid a backdrop of insider sales in the past year. Over the past three years, insider buys and sells have been a ...
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13336

Unusual Options Activity: Coca-Cola (KO)

Shares of beverage giant
Coca-Cola (KO) have handily beaten the bear market of 2022 with an 11 percent gain in the past year. One trader sees the stock giving back some of that outperformance in the months ahead. That’s based on the December $47.50 put. With 93 days until expiration, 6,800 contracts traded compared to a prior open interest of 216, for a 31-fold rise in volume on the trade. The buyer of the puts paid $0.23 to make the bet. The stock ...
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13330

Stick With Tech Companies Increasing Billables Now

Valuations on tech stocks have been hit hard in the past year. That’s because a number of companies have shown that their growth projects were unable to handle a slowing economy. Other tech firms have had no such problems, however, even if these positive developments haven’t been reflected in their stock price. One way to look at how these companies are performing is by looking at how their billables are changing now. If a company is continuing to grow its customer base, ...
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13331

Insider Trading Report: PennyMac Mortgage Investment Trust (PMT)

David Spector, Chairman and CEO of
PennyMac Mortgage Investment Trust (PMT), recently added 20,000 shares. The buy increased his holdings by over 9.4 percent, and came to a total purchase price just under $275,000. This is the first insider buy at the company since February. Overall, company insiders have been fairly active over the past few years as sellers of shares. It’s only during lower price points for the company such as now and in early 2020 that insiders have been buyers. Overall, ...
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13332

Unusual Options Activity: The Wendy’s Company (WEN)

Shares of fast-food giant
The Wendy’s Company (WEN) have performed about in-line with the stock market over the past year. One trader sees shares bucking that trend with a move higher in the coming weeks. That’s based on the November $20 calls. With 66 days until expiration, 62,762 contracts traded compared to a prior open interest of 904, for a 39-fold jump in volume on the trade. The buyer of the calls paid $1.63 to get into the trade. Shares recently traded around ...
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13325

Keep Sticking with Semiconductors Amid the Ongoing Shortage

A few major themes have been at play over the past year. While tech stocks have largely sold off thanks to a decline in investors willing to take on risks, a shortage in the semiconductor industry has created a unique situation. These companies are poised for their best growth in years, yet are also trading at their best valuation in years. Investors who accumulate shares of these leaders now can benefit when that price trend changes. Among the semiconductor giants, there’s some ...
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13326

Insider Trading Report: PVH Corp (PVH)

Stefan Larsson, CEO at
PVH Corp (PVH), recently bought 18,540 shares. The buy increased his holdings by nearly 16 percent and came to a total price of just over $1,000,000. He was joined by two other company executives, including the CFO, who each bought 1,857 shares for a total purchase price of $100,000. The three buys mark the first insider buys of the year, following one small sale from a VP earlier in the year. Over the past three years, insiders have overwhelmingly ...
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13327

Unusual Options Activity: Petroleo Brasileiro (PBR)

Shares of oil and gas giant
Petroleo Brasileiro (PBR) are up 38 percent in the past year thanks to strong global energy prices. One trader sees a decline in the coming weeks. That’s based on the September 30 $12.50 puts. With 18 days until expiration, 29,427 contracts traded compared to a prior open interest of 199, for a staggering 148-fold rise in volume on the trade. The buyer of the puts paid $0.29. Shares recently traded just over $13.50, so they would need ...
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