Insider Trading Report: VF Corporation (VFC)

Rodney McMullen, a director at VF Corporation (VFC), recently picked up 3,000 shares. The buy increased his holdings by over 21 percent, and came to a total price of $193,500. This marks the first insider buy at the company since June 2020. Otherwise, company insiders, including both executives and directors, have been sellers of shares over the same timeframe. Over the past three years, company insiders have been more inclined to sell rather than buy shares, even with the stock near ...
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Unusual Options Activity: General Motors (GM)

Shares of carmaker General Motors (GM) have been trading in a range over the past year, with shares now trading near the lower end of their range. One trader sees the possibility for a rebound in the coming weeks. That’s based on the March 11 $52 calls. With 30 days until expiration, 7,591 contracts traded compared to an open interest of 159, for a 48-fold rise in volume. The buyer of the calls paid $1.98 to make the trade. Shares are currently ...
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In a Market Selloff, Consider the Power of Brands

Companies with a strong brand have pricing power. They can raise prices faster than a product without a brand attached to it. That can create a valuable company, and one with higher profit margins than competitors. With a market correction, many companies with strong brands have seen their shares get thrown out like the proverbial baby with the bathwater. Astute investors should view big selloffs as buying opportunities. One such opportunity may be in Clorox (CLX). The cleaning supply brand, best known ...
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Insider Trading Report: Enterprise Product Partners (EPD)

John Rutherford, a director at Enterprise Product Partners (EPD), recently picked up 10,000 shares. The buy increased his holdings by nearly 15 percent, and came to a total purchase price of just over $237,000. This is the first insider buy of 2022. Company insiders, including the company’s Co-CEO have been moderate buyers in the past year, with larger amounts of insider buying over the past three years. There’s also been no insider sales during the last three years. Overall, company insiders ...
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Unusual Options Activity: Meta Platforms (FB)

Shares of social media giant Meta Platforms (FB) saw their largest one-day decline last week following earnings. One trader is betting on a sharp rebound in the next few days. That’s based on the February 18 $240 calls. With 10 days until expiration, 6,768 contracts traded against a prior open interest of 135, for a 50-fold jump in volume on the contract. The buyer of the calls paid $7.98 to make the trade. Shares traded around $237, making these an at-the-money options ...
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For Better Market Returns, Consider Companies Nipping at the FANG Stock’s Heels

For years, the FANG stocks have become market dominators. It’s easy to see why. But in the past decade since the term was coined, many of these companies have seen new firms eat into their profit margins. That could come from a proliferation of competitors, such as in social media or streaming services. That’s why investors are seeing wild swings in these companies as earnings season unfolds. It’s also revealing another truth about the market. It’s the fact that nothing lasts forever ...
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Insider Trading Report: Western Alliance Bancorp (WAL)

Kenneth Vecchione, President and CEO of Western Alliance Bancorp (WAL), recently added 5,600 shares to his holdings. The buy increased his stake by nearly 2 percent, and came to a total price of just over $548,000. He was also joined by the company CFO, who picked up 5,000 shares for nearly $499,000. Another insider picked up 200,000 shares back in September, but otherwise, company insiders have generally been sellers over the past three years. Overall, company insiders own about 2.8 percent ...
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Unusual Options Activity: Redwire Corporation (RDW)

Shares of space infrastructure company Redwire Corporation (RDW) have lost over half their value in the past three months. One trader sees the possibility for a strong rebound in the next few weeks. That’s based on the March $7.50 calls. With 38 days until expiration, 6,988 contracts traded compared to a prior open interest of 156, for a 45-fold increase in volume. The buyer of the calls paid $0.38 to make the trade. With shares last trading around $5.60, the stock would ...
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