Insider Activity Report: Vestis Corporation (VSTS)
Douglas Pertz, a director at
Vestis Corporation (VSTS), recently bought 10,370 shares. The buy increased his stake by 78 percent, and came to a total cost of $200,627. This marks first insider activity at the uniform rental and purchasing company since it went public in October, as part of a spinoff from
Aramark (ARMK), as company directors and executives have refrained from making any changes in their holdings so close to the spinoff. Overall, Vestis insiders own 0.3 percent of shares. Shares are up ...
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Vestis Corporation (VSTS), recently bought 10,370 shares. The buy increased his stake by 78 percent, and came to a total cost of $200,627. This marks first insider activity at the uniform rental and purchasing company since it went public in October, as part of a spinoff from
Aramark (ARMK), as company directors and executives have refrained from making any changes in their holdings so close to the spinoff. Overall, Vestis insiders own 0.3 percent of shares. Shares are up ...
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Unusual Options Activity: Nordic American Tankers (NAT)
Shipping giant
Nordic American Tankers (NAT) is up 32 percent over the past year, beating the S&P 500’s returns by about 50 percent. One trader sees shares continuing higher in the next few months. That’s based on the February 16, 2024 $5.00 calls. With 57 days until expiration, 9,866 contracts traded compared to a prior open interest of 144, for a 68-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the bullish bet. Nordic American recently ...
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Nordic American Tankers (NAT) is up 32 percent over the past year, beating the S&P 500’s returns by about 50 percent. One trader sees shares continuing higher in the next few months. That’s based on the February 16, 2024 $5.00 calls. With 57 days until expiration, 9,866 contracts traded compared to a prior open interest of 144, for a 68-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the bullish bet. Nordic American recently ...
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This Near-Perfect Money-Making Machine Just Had a Small Misstep
Great companies are few and far between. They offer investors an opportunity to invest for long-term growth. And they generate tremendous cash flows, which can provide the capital for new ideas, while still rewarding shareholders along the way.
That’s a lot to ask for. But over time, many companies have delivered on that promise. One company, however, has managed to stand head and shoulders over the rest while doing so.
That company?
Apple (AAPL). The leader in consumer technology is one of the ...
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Apple (AAPL). The leader in consumer technology is one of the ...
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Insider Activity Report: Chipotle Mexican Grill (CMG)
Gregg Engles, a director at
Chipotle Mexican Grill (CMG), recently bought 877 shares. The buy increased his holdings by 83 percent, and came to a total cost just over $2,000,000. The director was the last buyer of shares in May 2022. Since then, there have been nearly two dozen insider sales. Those have been a mix of regular sales and the exercise of stock options, including significant sales from the company CEO. Overall, Chipotle insiders own 0.6 percent of shares. Shares of the ...
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Chipotle Mexican Grill (CMG), recently bought 877 shares. The buy increased his holdings by 83 percent, and came to a total cost just over $2,000,000. The director was the last buyer of shares in May 2022. Since then, there have been nearly two dozen insider sales. Those have been a mix of regular sales and the exercise of stock options, including significant sales from the company CEO. Overall, Chipotle insiders own 0.6 percent of shares. Shares of the ...
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Unusual Options Activity: PBF Energy (PBF)
PBF Energy (PBF), a refiner and supplier of petroleum products such as jet fuel, is up 15 percent over the past year. One trader sees shares moving higher in the first quarter of 2024. That’s based on the April 19 $55 calls. With 121 days until expiration, 7,379 contracts traded compared to a prior open interest of 113, for a 65-fold rise in volume on the trade. The buyer of the calls paid $1.36 to make the bullish bet. PBF shares recently ...
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It’s Starting to Look Bright for This Out of Favor Sector
Despite a strong market rally in the past year, some sectors haven’t performed well at all. Many have even continued trending lower, even after taking a hit in 2022. Most of the market’s return has been dominated by big-cap tech stocks.
But with the market starting to rotate and non-big-cap tech stocks are taking the lead, they may be a big winner in the months ahead. That includes solar energy companies, which have substantially lagged markets in 2023.
In the space, a ...
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Insider Activity Report: Chewy (CHWY)
James Star, a director at
Chewy (CHWY), recently bought 15,353 shares. The buy increased his stake by 3 percent, and came to a total cost just under $300,992. This is the first insider buy at the company since last June, when Star made two large buys totaling nearly $10 million. Otherwise, company insiders have been regular sellers of shares over the past year, including the CFO and CEO. Overall, Chewy insiders own 1.9 percent of shares. The online pet store’s shares have dropped ...
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Chewy (CHWY), recently bought 15,353 shares. The buy increased his stake by 3 percent, and came to a total cost just under $300,992. This is the first insider buy at the company since last June, when Star made two large buys totaling nearly $10 million. Otherwise, company insiders have been regular sellers of shares over the past year, including the CFO and CEO. Overall, Chewy insiders own 1.9 percent of shares. The online pet store’s shares have dropped ...
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Unusual Options Activity: Marathon Digital Holdings (MARA)
Cryptocurrency mining company
Marathon Digital Holdings (MARA) is having a strong year, with shares up 360 percent. One trader is betting on a move higher in the coming weeks. That’s based on the January 12 $14 calls. With 24 days until expiration, 4,039 contracts traded compared to a prior open interest of 153, for a 26-fold rise in volume on the options trade. The buyer of the calls paid $4.80 to make the bullish bet. Marathon shares recently traded just over $18, meaning ...
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Marathon Digital Holdings (MARA) is having a strong year, with shares up 360 percent. One trader is betting on a move higher in the coming weeks. That’s based on the January 12 $14 calls. With 24 days until expiration, 4,039 contracts traded compared to a prior open interest of 153, for a 26-fold rise in volume on the options trade. The buyer of the calls paid $4.80 to make the bullish bet. Marathon shares recently traded just over $18, meaning ...
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