Insider Trading Report: Lumber Liquidators (LL)

Joseph Nowicki, a director at Lumber Liquidators (LL), recently picked up 5,033 shares. The buy increased her stake by over 41 percent, and came to a total purchase price of just under $100,000. This follows up from a 2,500 share buy from the company CEO earlier in the month, at a total cost of $50,000. Overall, company insiders have been buyers going back to 2014. Company insiders own about 3.2 percent of shares. The home improvement retailer has seen shares declines nearly ...
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Unusual Options Activity: Snap (SNAP)

Shares of social media giant Snap (SNAP) have been trending stronger in the past year, with a further jump after beating earnings last week. One trader sees the chance of a continued move higher in the next month. That’s based on the September 3 $82 calls. With 22 days until expiration, over 7,815 contracts traded against a prior open interest of 146, for a 53-fold jump in volume. The buyer of the calls paid about $1.57 to make the trade. The stock ...
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This Strong Brand Keeps Serving Up Income Growth

With the stock market at all-time highs, investors can either jump in at high prices, look for value trades, or focus on great companies trading at reasonable prices. That last category has been strong for strategies such as dividend growth. More companies continue to raise their dividends, signaling a return to normal, or at least that a company can thrive during a pandemic. One of the latest companies to announce a dividend increase is Papa John’s International (PZZA). The pizza giant has ...
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Insider Trading Report: Energy Transfer LP (ET)

Bradford Whitehurst, CFO at Energy Transfer LP (ET) recently picked up 5,000 more shares. The buy increased his holdings by 0.65 percent, and came to a total purchase price of just over $46,000. This is the second insider buy of the year, following a 200,000 share buy from a director back in May. Over the past 3 years, insider buys have far exceeded sellers, even as shares have more than doubled off their pandemic lows. Overall, company insiders own over 27 ...
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Unusual Options Activity: AT&T (T)

Shares of telecom giant AT&T (T) dropped from 52-week highs earlier in the year as the company announced it would sell off its media assets to refocus on being a telecom company. One trader is betting that shares will trend back up. That’s based on the December $30 calls. With 128 days until expiration, over 25,340 contracts traded against an open interest of 222 for a 114-fold jump in volume. The buyer of the calls paid about $0.38 to make the ...
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Big Oil Isn’t Dead Yet: Grab this Growth and Income Play

Yes, the energy industry is changing. But it’s a trend that won’t happen overnight. A number of oil giants are looking into going carbon neutral, but setting goal dates as far out as 2050, nearly 30 years away. Even the shift towards electric vehicles this year is unlikely to become a majority of vehicle sales this decade, at least not without the heavy push of the hands of governments of developed nations. That still leaves oil as a viable investment opportunity ...
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Insider Trading Report: Louisiana-Pacific Corp (LPX)

Alan Hughie, CFO at Louisiana-Pacific Corp (LPX) recently picked up 12,470 more shares. The buy increased his stake by nearly 29 percent, and came to a total price of just under $700,000. This marks the first insider buy of the year, with the last purchase occurring back in November 2020. Overall, company insiders have been active as both buyers and sellers, although insider sales have been higher on average, even as shares have rallied in the past three years. Insiders own ...
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Unusual Options Activity: LiveRamp Holdings (RAMP)

Shares of IT connectivity platform LiveRamp Holdings (RAMP) has seen shares taken a major dive over the past few months, although the company jumped 22 percent higher on Friday thanks to stronger-than-expected earnings. One trader sees a lot of volatility ahead, with the chance for shares to resume their longer-term downtrend. That’s based on the December $45 puts. With 129 days until expiration, over 3,740 contracts traded against a prior open interest of 102, for a 37-fold rise in volume. The buyer ...
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