Insider Activity Report: Exxon Mobil (XOM)
Jeffrey Ubben, a director at
Exxon Mobil (XOM), recently added 458,000 shares. The buy increased his stake by 19 percent, and came to a total cost of $48.97 million. The director was the last insider to buy shares, with a purchase in August 2022 of 1 million shares, coming to $88.45 million. Otherwise, company insiders have been modest sellers of shares over the psat year, exclusively at the VP level. Overall, Exxon insiders own just under 0.1 percent of shares. The oil giant’s ...
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Exxon Mobil (XOM), recently added 458,000 shares. The buy increased his stake by 19 percent, and came to a total cost of $48.97 million. The director was the last insider to buy shares, with a purchase in August 2022 of 1 million shares, coming to $88.45 million. Otherwise, company insiders have been modest sellers of shares over the psat year, exclusively at the VP level. Overall, Exxon insiders own just under 0.1 percent of shares. The oil giant’s ...
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Unusual Options Activity: DXC Technology (DXC)
Information technology consulting company
DXC Technology (DXC) sank nearly 30 percent last Thursday, as the company missed on earnings and cut guidance. One trader is betting on a further drop in the months ahead. That’s based on the January $15 puts. With 164 days until expiration, 4,710 contracts traded compared to a prior open interest of 110, for a 43-fold rise in volume on the trade. The buyer of the puts paid $0.87. Shares closed near $19 following the earnings drop, so shares ...
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DXC Technology (DXC) sank nearly 30 percent last Thursday, as the company missed on earnings and cut guidance. One trader is betting on a further drop in the months ahead. That’s based on the January $15 puts. With 164 days until expiration, 4,710 contracts traded compared to a prior open interest of 110, for a 43-fold rise in volume on the trade. The buyer of the puts paid $0.87. Shares closed near $19 following the earnings drop, so shares ...
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Brands Are Down but Not Out as Inflation Declines
The past few months have shown a big slowdown in inflation. It’s also shown that consumers are willing to ditch their favorite brands to find less expensive substitutes. However, that trend likely won’t last forever.
As prices in general rise, even substitute brands may not entice consumers as they once did. That could bode well for companies that have a strong basket of brands, even if their profitability has been hit in the short-term.
For instance,
Kraft Heinz (KHC) reported a decline ...
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Kraft Heinz (KHC) reported a decline ...
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Insider Activity Report: Crocs (CROX)
Thomas Smach, a director at
Crocs (CROX), recently added 1,435 shares. The buy increased his holdings by 1 percent, and came to a total cost of $150,001. The director was the last buyer of shares with a 3,000 share pickup in March at a slightly higher price. Since then, company insiders, including the Crocs’ CEO and the company president, have sold off shares, albeit at higher prices. Overall, insiders own 2.7 percent of the company. The specialty footwear manufacturer is up sizeably over ...
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Crocs (CROX), recently added 1,435 shares. The buy increased his holdings by 1 percent, and came to a total cost of $150,001. The director was the last buyer of shares with a 3,000 share pickup in March at a slightly higher price. Since then, company insiders, including the Crocs’ CEO and the company president, have sold off shares, albeit at higher prices. Overall, insiders own 2.7 percent of the company. The specialty footwear manufacturer is up sizeably over ...
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Unusual Options Activity: Peabody Energy Corporation (BTU)
Coal producer
Peabody Energy Corporation (BTU) has traded in a narrow range over the past year. While shares hit a low in May and have trended higher, one trader sees shares declining going into next year. That’s based on the January 2024 $16 puts. With 168 days until expiration, 14,242 contracts traded compared to a prior open interest of 122, for a massive 117-fold increase in volume on the trade. The buyer of the puts paid $0.59. Shares recently traded just under $22, ...
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Peabody Energy Corporation (BTU) has traded in a narrow range over the past year. While shares hit a low in May and have trended higher, one trader sees shares declining going into next year. That’s based on the January 2024 $16 puts. With 168 days until expiration, 14,242 contracts traded compared to a prior open interest of 122, for a massive 117-fold increase in volume on the trade. The buyer of the puts paid $0.59. Shares recently traded just under $22, ...
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Use Short-Term Weakness to Buy Oligopoly Stocks
Many sectors condense over time into just a few players. An oligopoly can be great for investors, as companies tend to look for ways to improve their profitability, rather than spend considerable money on expansion once there’s a small and stable number of players in the market.
That can lead to good investment returns. The returns can improve when investors buy during short-term market fears. That includes the opportunities hitting one company harder during earnings season compared to others.
For instance,
JetBlue Airways ...
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JetBlue Airways ...
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Insider Activity Report: Graco (GGG)
Mark Sheahan, President and CEO at
Graco (GGG), recently added 1,263 shares. The buy increased his holdings by 2 percent, and came to a total cost of $99,828. This marks the first insider buy at the company in the past two years. Graco has had about two dozen insider sales in that timeframe, all following the exercise of company stock options. The sales have mostly been near where shares current trade, or at higher prices. Overall, company insiders own 0.8 percent of ...
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Graco (GGG), recently added 1,263 shares. The buy increased his holdings by 2 percent, and came to a total cost of $99,828. This marks the first insider buy at the company in the past two years. Graco has had about two dozen insider sales in that timeframe, all following the exercise of company stock options. The sales have mostly been near where shares current trade, or at higher prices. Overall, company insiders own 0.8 percent of ...
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Unusual Options Activity: AGNC Investment Corp (AGNC)
Mortgage REIT
AGNC Investment Corp (AGNC) has dropped slightly so far this year, as interest rates continue to rise. One trader expects shares to decline even further into next year. That’s based on the March 2024 $9 puts. With 225 days until expiration, 22,050 contracts traded compared to a prior open interest of 232, for a 95-fold jump in volume on the trade. The buyer of the puts paid $0.54 to make the bearish bet. Shares recently traded at $10, so they ...
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AGNC Investment Corp (AGNC) has dropped slightly so far this year, as interest rates continue to rise. One trader expects shares to decline even further into next year. That’s based on the March 2024 $9 puts. With 225 days until expiration, 22,050 contracts traded compared to a prior open interest of 232, for a 95-fold jump in volume on the trade. The buyer of the puts paid $0.54 to make the bearish bet. Shares recently traded at $10, so they ...
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