Insider Trading Report: Genuine Parts Co. (GPC)
Paul Donahue, CEO at
Genuine Parts Company (GPC), recently bought 1,600 shares. The buy increased his holdings by 1 percent, and came to a total cost of $249,728. This is the first buy at the company in over a year. Last year, one director bought over 1,600 shares, paying just over $200,000, on two separate occasions. Over the past two years, there has been only one insider sale. All told, insiders at the auto parts retailer own 0.3 percent of shares. A slowing ...
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Genuine Parts Company (GPC), recently bought 1,600 shares. The buy increased his holdings by 1 percent, and came to a total cost of $249,728. This is the first buy at the company in over a year. Last year, one director bought over 1,600 shares, paying just over $200,000, on two separate occasions. Over the past two years, there has been only one insider sale. All told, insiders at the auto parts retailer own 0.3 percent of shares. A slowing ...
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Unusual Options Activity: Alamos Gold (AGI)
Precious metals producer
Alamos Gold (AGI) has fared well over the past year, with a 44 percent gain. One trader sees a further rally in the months ahead. That’s based on the June $17.50 calls. With 74 days until expiration, 10,512 contracts traded compared to a prior open interest of 159, for a 66-fold rise in volume on the trade. The buyer of the calls paid $0.10 to make the bullish bet. Shares recently traded for just under $12.50, so they would ...
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Alamos Gold (AGI) has fared well over the past year, with a 44 percent gain. One trader sees a further rally in the months ahead. That’s based on the June $17.50 calls. With 74 days until expiration, 10,512 contracts traded compared to a prior open interest of 159, for a 66-fold rise in volume on the trade. The buyer of the calls paid $0.10 to make the bullish bet. Shares recently traded for just under $12.50, so they would ...
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In this Market, Finding Big Savings Can Translate Into Big Profits
Ultimately, companies exist to provide a product or service that satisfy the needs of their customers. Sometimes, that need is simply to find a way to do more with the same… or less.
That’s why companies that drive innovations can be big winners over time. Customers flock towards services that can provide cost savings. And that can translate into big profits for the companies that are providing that innovation. Following where the investments in money-saving ideas go can lead to those ...
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Insider Trading Report: Petco Health & Wellness Company (WOOF)
Ron Coughlin, CEO at
Petco Health & Wellness Company (WOOF), recently bought 61,040 shares. The buy increased his stake by 11 percent, and came to a total purchase price of $504,800. This marks the first insider buy in over 14 months. Insiders have generally been buyers of shares over the past two years, although largely between 2021 and January 2022. There have been two small sales by one insider over the past year. Overall, company insiders own 65.1 percent of shares. The pet ...
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Petco Health & Wellness Company (WOOF), recently bought 61,040 shares. The buy increased his stake by 11 percent, and came to a total purchase price of $504,800. This marks the first insider buy in over 14 months. Insiders have generally been buyers of shares over the past two years, although largely between 2021 and January 2022. There have been two small sales by one insider over the past year. Overall, company insiders own 65.1 percent of shares. The pet ...
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Unusual Options Activity: MetLife (MET)
Insurance giant
MetLife (MET) is down 22 percent over the past year, lagging the S&P 500. One trader sees the company continuing to slide even lower. That’s based on the September $42.50 puts. With 168 days until expiration, 3,004 contracts traded compared to a prior open interest of 109, for a 28-fold rise in volume on the trade. The buyer of the puts paid $1.18 to make the downside bet. With shares trading at about $56.50, the stock is still within 10 ...
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MetLife (MET) is down 22 percent over the past year, lagging the S&P 500. One trader sees the company continuing to slide even lower. That’s based on the September $42.50 puts. With 168 days until expiration, 3,004 contracts traded compared to a prior open interest of 109, for a 28-fold rise in volume on the trade. The buyer of the puts paid $1.18 to make the downside bet. With shares trading at about $56.50, the stock is still within 10 ...
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Buy Assets When They’re Out of Favor
The market drop that started over a year ago has morphed into fears into specific sectors, such as banking. But other industries have likewise dropped to the point where investors can buy $1.00 in assets for less than $1.00.
One measure of a company’s assets is its book value, or the value of its assets per share. Investors may be able to buy up bank shares for far less than book value right now – but that book may include non-performing ...
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Insider Trading Report: Dollar General (DG)
Timothy McGuire, a director at
Dollar General (DG), recently bought 3,550 shares. The buy increased his holdings by 47 percent, and came to a total cost just over $717,000. This marks the first insider buy at the retail chain in over two years. Company insiders have been sellers of shares otherwise, nearly entirely after the exercise of stock options. That includes the company CEO and CFO, among others. Overall, Dollar General insiders own about 0.5 percent of shares. The retailer is down about ...
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Dollar General (DG), recently bought 3,550 shares. The buy increased his holdings by 47 percent, and came to a total cost just over $717,000. This marks the first insider buy at the retail chain in over two years. Company insiders have been sellers of shares otherwise, nearly entirely after the exercise of stock options. That includes the company CEO and CFO, among others. Overall, Dollar General insiders own about 0.5 percent of shares. The retailer is down about ...
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Unusual Options Activity: Alibaba (BABA)
Chinese tech giant
Alibaba (BABA) soared on Tuesday, amid news that the company would break into six separate companies. One trader sees further upside ahead as those plans move forward. That’s based on the August $125 calls. With 140 days until expiration, 9,704 contracts traded compared to a prior open interest of 262, for a 37-fold rise in volume on the trade. The buyer of the calls paid $4.75 to get in. Shares recently traded for about $99, so the stock would need ...
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Alibaba (BABA) soared on Tuesday, amid news that the company would break into six separate companies. One trader sees further upside ahead as those plans move forward. That’s based on the August $125 calls. With 140 days until expiration, 9,704 contracts traded compared to a prior open interest of 262, for a 37-fold rise in volume on the trade. The buyer of the calls paid $4.75 to get in. Shares recently traded for about $99, so the stock would need ...
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