Insider Trading Report: Sally Beauty Holdings (SBH)

Christian Brickman, President and CEO of Sally Beauty Holdings (SBH), recently picked up 10,000 more shares. The buy increased his stake by just over 2 percent, and came to a total purchase price of just over $189,000. This is the second insider buy of the year, also from the company President and CEO. Overall, insiders have been massive buyers over the past three years, with only a handful of insider sales. Both executives and directors have been buyers. Despite the massive ...
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Unusual Options Activity: Coupang (CPNG)

Shares of Korean ecommerce site Coupang (CPNG) have been trending down since going public, having lost about 25 percent of their IPO price. One trader sees that turning around in the months ahead. That’s based on the January $55 calls. With 170 days until expiration, over 12,530 contracts traded against a prior open interest of 443, for a 28-fold jump in volume. The buyer o the calls paid about $1.30 to make the trade. Shares have traded as high as $69 ...
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Beat Fluctuating Bond Yields With this Type of Company

Bond investors have been on a wild ride over the past year. Yields have fluctuated between around 0.5 percent and 1.75 on a 10-year US Treasury. While that entire range is historically low, the changes in those rates also create wild swings in bond prices. And with yields so low, there’s a type of company that stands out in the market today. That type of company is the dividend growth stock. These are a small group of companies that can grow the ...
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Insider Trading Report: Archer-Daniels Midland (ADM)

Juan Luciano, President and CEO of Archer-Daniels Midland (ADM), recently picked up 16,790 more shares. The buy increased his stake by over 1.35 percent, and came to a total price of just under $1 million. This is the second buy of the year, following a buy from a company senior vice president back in March. Otherwise, insiders have mostly been sellers over the past year, including a large cluster of sales last October, at far lower prices than were shares trade ...
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Unusual Options Activity: Delta Air Lines (DAL)

Shares of Delta Air Lines (DAL) have been trending down since April, and have seen some big drops on some days depending on Covid variant fears. One trader sees the trend reversing in the coming weeks. That’s based on the November $43 calls. With 108 days until expiration, over 10,025 contracts traded against a prior open interest of 324 for a 39-fold rise in volume. The buyer of the call options paid about $2.17 to make the trade. Shares of the airline ...
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Oligopoly Stocks Set for Solid Returns on a Return to Pre-Pandemic Spending

Last week saw a large number of companies reporting earnings for the second quarter of the year, as well as a strong GDP report. The most important data? The fact that the US economy has now surpassed its pre-Covid levels. There’s still a long way to go, especially among lower-income workers. But the trend also points to more profits ahead in one key sector. That sector? Financial services, especially credit card spending. Mastercard (MA) reported solid numbers last week, hitting $4.5 billion ...
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Insider Trading Report: Brown & Brown (BRO)

Palmer Proctor, a director at Brown & Brown Inc (BRO), recently bought 2,000 shares. The buy increased his stake by over 5.5 percent, and came to a total purchase price of just under $110,000. This is the second insider buy of the year, following a 10,000 share buy from another director in January. That buy is already up 26 percent. Overall, company insiders in the c-suite have been net sellers over the past 3 years. Overall, company insiders own over 17 ...
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Unusual Options Activity: ExxonMobil (XOM)

Shares of energy giant ExxonMobil (XOM) have traded about in line with the energy sector in the past few months. First, shares saw a huge rise on rising oil prices, then were hit in recent weeks on the latest OPEC news. One trader sees the starting recovery in shares to continue. That’s based on the August $64 calls. Expiring in 18 days, over 18,720 contracts traded against an open interest of 143, for a 131-fold explosion in volume. The buyer of the ...
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