12391

Insider Trading Report: Republic Services Inc (RSG)

Cascade Investment LLC, a major holder of
Republic Services Inc (RSG), recently added 362,747 shares. The buy increased the fund’s holdings by 0.33 percent, and came to a total cost of just over $42.5 million. Cascade is best known as the fund owned by billionaire Bill Gates, for his personal holdings outside of Microsoft. The fund last bought nearly a year ago, with a mere 10,055 share buy for about $1 million even. While the fund has been a regular buyer, company insiders ...
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12393

Unusual Options Activity: Plug Power (PLUG)

Shares of electric mobility company
Plug Power (PLUG) have generally been in a decline over the past year. However, one trader sees the possibility for a major move higher ahead. That’s based on the March 11 $28 calls. Expiring in 15 days, 5,844 contracts traded compared to an open interest of 148, for a 39-fold rise in volume. The buyer of the calls paid $0.22 to make the trade. Shares of the stock recently traded close to $21, so shares would need to ...
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12382

Commodity Boom Likely to Benefit Major Players First

Commodities look like an early winner for 2022 as traditional and risk-on assets have continued to sink since the start of the year. Companies looking to make astute mergers and improvements in the space are likely to benefit from this trend. That’s true for companies in the base and precious metals areas. Base metals play well to themes of inflation, as do precious metals. Investors looking for a blend of both can likely see outstanding performance in the months ahead.
Barrick Gold ...
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12383

Insider Trading Report: Albemarle Corp (ALB)

Kent Masters, Chairman, President and CEO at
Albemarle Corp (ALB), recently bought 5,241 shares. The buy increased his holdings by over 49 percent, and came to a total cost of just under $1,000,000. He was joined by company president Netha Johnson, who picked up 1,060 shares at a cost of just under $188,000. The buy increased the President’s stake by about 17 percent. Overall, company insiders own just 0.3 percent of company shares. The stock is up about 23 percent in the past ...
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12385

Unusual Options Activity: Qualcomm (QCOM)

Shares of wireless communication giant
Qualcomm (QCOM) have been on a long-term surge over the past few years, although shares have been dropping with the overall market more recently. However, one trader sees the potential for a rebound in the coming weeks. That’s based on the March $175 calls. With 29 days until expiration, 2,828 contracts traded compared to an open interest of 171, for a 17-fold jump in volume. The buyer of the calls paid $5.30 to make the trade. Shares last ...
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12375

This Top Tech Stock Continues to Deliver Despite Market and Regulatory Headwinds

The stock market selloff has been hitting tech stocks the hardest. That’s turned some high-flying valuations into more reasonable ones. While maybe not an extreme value, companies that are able to report growing earnings in spite of the economic headwinds right now could be at a solid entry point. That’s especially true for industry-leading tech companies that are also contending with the issues of larger companies, such as regulatory ones. The perfect example of this is
Nvidia (NVDA). The graphics processing giant just ...
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12377

Insider Trading Report: Penn National Gaming (PENN)

Jane Scaccetti, a director at
Penn National Gaming (PENN) recently added 1,975 shares. The buy increased her stake by over 4 percent, and came to a total price of just over $98,000. This marks the first insider buy at the company in the past year, since the same director picked up 820 shares at a cost of just over $99,000. Otherwise, company directors and executives have been big sellers of shares over the past two years. Overall, insiders own 1.6 percent of ...
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12379

Unusual Options Activity: Lockheed Martin (LMT)

Shares of defense contractor
Lockheed Martin (LMT) moved higher on news of a potential war between Russia and the Ukraine. One trader is betting that shares will decline in the next few weeks as those fears decline. That’s based on the March $390 puts. With 23 days until expiration, 7,787 contracts traded against a prior open interest of 155, for a 50-fold jump in volume. The buyer of the puts paid $13.05 to make the trade. Shares last traded for about $387, ...
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