Insider Trading Report: USA Compression Partners LP (USAC)

Bradford Whitehurst, a director at USA Compression Partners LP (USAC), recently bought 3,500 shares. The buy represents an initial stake for the director, and came to a total purchase price of just under $52,000. This marks the first insider buy at the company since January, when a company director as well as the President and a Vice President picked up shares. There was also an insider sale in late 2020, otherwise, company insiders haven’t been too active. Overall, company insiders own ...
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Unusual Options Activity: Target (TGT)

Shares of retail giant Target (TGT) dropped earlier this week despite a solid earnings report. One trader sees the likelihood that shares will recover from the drop and start moving higher. That’s based on the December 31 $270 calls. With 42 days until expiration, over 2,070 contracts traded, an 18-fold rise in volume from the prior open interest of 116. The buyer of the calls paid $3.33 to make the trade. With shares around $255, the stock would need to rise $15, ...
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Supply Chain Issues Aside… Consumers Are Back for the Holidays

The week has started off with some numbers showing that consumers are spending at an increased rate going into the holiday season. And the third-quarter earnings of retailers are showing solid numbers too. WalMart (WMT) has joined in by reporting higher estimates for the fourth quarter of the year with its most recent earnings report. While shares sold off despite a beat in earnings and revenues, they may yet trend higher. There will still likely be some concerns over the company’s ...
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Insider Trading Report: SmartRent (SMRT)

Bruce Strhom, a director at SmartRent (SMRT), recently picked up 10,000 shares. The buy increased his holdings by 50 percent, and came to a total purchase price of $110,000. This is the director’s third buy in the past three months. The prior two buys were also for 10,000 shares each, albeit at slightly higher prices. These three buys mark the only insider activity since the company went public earlier in the year. Overall, insiders at the company own over 41 percent ...
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Unusual Options Activity: Hilton Worldwide Holdings (HLT)

Shares of hotel chain Hilton Worldwide Holdings (HLT) have been gradually rising over the past year. One trader is betting that the steady move higher will continue over the next year. That’s based on the January 2023 $150 calls. With 428 days until expiation, 8,790 contracts traded against a prior open interest of 155, marking a 57-fold jump in volume. The buyer of the calls paid $16.15 for the trade. With shares around $142, the option will move in-the-money on less than ...
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A Recovering Economy Makes this Retail Trade Likely to Trend Higher

Many industries fared well during the pandemic, but others were essentially closed down entirely. Any in-person entertainment experience was one of them, which nearly led to the bankruptcy of a number of firms. One such company, AMC Entertainment (AMC), was able to ride a wave of retail investor interest higher. And that higher share price gave the company a second lease on life as they were able to issue new shares to raise cash and pay down debt. Now, the company is ...
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Insider Trading Report: Illinois Tool Works (ITW)

Jay Henderson, a director at Illinois Tool Works (ITW) recently bought 10,000 shares. The buy increased his stake by over 112 percent, and came to a total purchase price of just over $2.35 million. This marks the first insider buy at the company since May 2020. Otherwise, company insiders, mostly executives, have been steady sellers of shares over the past few years. That’s true even as shares have trended higher over time. Overall, insiders at the company own 0.2 percent of ...
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Unusual Options Activity: Nvidia (NVDA)

Shares of graphics processing company Nvidia (NVDA) have seen a big move higher since tech stocks rebounded in the past two months. One trader sees the possibility of a sizeable pullback here. That’s based on the February $320 puts. With 93 days left until expiration, over 5,010 contracts traded against a prior open interest of 104, for a 48-fold rise in volume. The buyer of the puts paid $40.68 for the contracts on average. With shares around $300 at the moment, ...
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