Trading Tips Blog

Suzanne Coulter, a director at Abercrombie & Fitch (ANF) recently started a stake at the company with 2,170 shares. The total cost of the share buy came to just over $75,000. This marks the first buy from insiders since March 2020. Overall, insider sales have beaten out buyers over the past three years, but there was a large sale by a company insider back in January. Shares have since risen by 43 percent. Insiders own about 2.2 percent of company shares. Shares ...
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Shares of Plug Power (PLUG) took a steep dive last week, as the company announced it needed to restate some of its prior years of accounting. However, that hasn’t stopped analysts from looking beyond the short-term fears. They continue to see long-term opportunity. In fact, one analyst from B. Riley cites the old mantra of buying “when there’s blood in the streets,” even though shares only pulled back about 8 percent on the news. While shares are now down just over ...
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Brazilian financial software company PagSeguro Digital (PAGS) has been active this year. Shares started the year with a selloff, then a rally, then another selloff. One trader sees the current selloff ending with a rally ahead. That’s based on multiple call options with unusual activity. The September $55 call, however, had the most activity. Over 18,660 contracts traded, an 83-fold rise in volume to the open interest of 224. The trade, expiring in 179 days, would require shares to move about $8 ...
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Churchill Capital IV (CCIV) is a special purpose acquisition company. Shares have sold off in recent weeks, but one trader sees a move higher in shares. That’s based on the October $45 calls. With 210 days until expiration, over 1,400 contracts traded, an 111-fold rise in volume from the prior open interest near 133. Shares are currently near $30, so they would need to rise just over 50 percent for this trade to move in-the-money. The buyer paid about $6.20 for the ...
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Paula Reynolds, a director at General Electric (GE), recently added another 5,000 shares to her stake. That increased her holdings by nearly 20 percent, and came to a total purchase price of just over $62,000. This marks the first insider buy since last August, when a number of directors and C-suite executives bought shares at a price nearly 50 percent lower than where shares trade today. However, these buys have been dwarfed by sales from a fund that’s also a ...
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There’s high-flying stocks on Wall Street… and then there’s space tourism stocks. Launched just two years ago, Virgin Galactic Holdings (SPCE) has been a popular name with retail investors. And with the company looking to finally launch commercial spaceflights, it’s gotten its highest analyst rating yet with a $50 price tag. That’s about a 50 percent increase from the current price of shares in the low $30s. Year-to-date, shares have run up as high as the $60 range, pulled back to ...
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While tech names have been out of favor with the markets the past few weeks, many tech companies continue to post impressive earnings and growth numbers. One such niche is in cybersecurity plays. For instance, CrowdStrike (CRWD) posted a 74 percent jump in revenue. The company’s subscription and recurring revenue has now cleared over $1 billion per year. Yet shares are still well off their recent highs That will likely lead to a number of analyst upgrades in the coming days ...
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Martin Landis, a director at Crown Castle International (CCI), recently picked up 1,180 shares. The buy increased his stake by less than 1 percent, and came to a total cost of just under $190,000. Landis has been a repeat buyer in recent months, although other company insiders have been sellers. Overall, company insiders have been bigger sellers as the share price has continued higher, relatively unaffected by the pandemic. Overall, insiders own 0.4 percent of company shares. The REIT, which offers ...
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