Insider Trading Report: Oracle (ORCL)

Alison Fairhead, a director at Oracle (ORCL), recently bought 10,242 shares. The buy came to just under $690,000 and increased her holdings by 173 percent. Insiders are typically overwhelmingly sellers at the company, as to be expected from a big cap tech company that generously issues options to executives. Over the past three years, the only other insider buys occurred in March 2020, right at the bottom of the pandemic selloff. Thanks to the large holdings by billionaire Larry Ellison, insiders still ...
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Here’s What to Do as Apple Rallies on the iCar Rumor

Apple (AAPL) is one of the greatest performing stocks of all time. However, the company has often shifted between rapid innovations of new products and spending years without any significant new products. The past few years have seen few new developments, as the company has focused on annual upgrades to existing technologies. However, that hasn’t stopped rumors from starting about various new products. The latest rumor? An Apple-branded car. The company hasn’t said anything about such a product yet, but that hasn’t ...
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Unusual Options Activity: Under Armour (UA)

Shares of Under Armour (UA) have been rallying the past few months but have stalled out in recent weeks. One trader is making a big bet on a move higher. That’s based on the April 16th $18.50 calls. The at-the-money trade has just two weeks until expiration. Yet over 35,760 contracts traded, a staggering 270-fold rise in volume from the prior open interest of 132 contracts. The call buyer paid about $0.70 for each contract. Shares have traded as high as $20 ...
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Unusual Options Activity: Square (SQ)

Shares of digital payments company Square (SQ) have been off in recent weeks, coming down from a high near $280 per share closer to $200. At least one trader sees further upside ahead. That’s based on the May $200 calls. Expiring in 50 days, and with shares around $215, the option is already nearly $15 in-the-money. Over 10,300 contracts traded, a 25-fold rise in volume from the prior open interest of 413. The buyer paid about $25 for the contracts, or about ...
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Insider Trading Report: VIZIO Holding Corp (VZIO)

Julia Gouw, a director at VIZIO Holding Corp (VZIO) recently made a 35,000 share buy to start a new stake in the company. The purchase price came to $735,000. This marks the first insider buy since the company’s IPO in March. A number of other insiders, from major holders to the company COO to a director, have been selling off their stakes, even as shares have pushed higher. Shares are up about 14 percent since their IPO price. The consumer electronics ...
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Slight Sales Miss Signals a Long-Term Buy for this Stealth Tech Play

The past few years has seen an explosion of interest in software, security, and the rise of high-tech vehicles. A number of new and existing companies have been working to develop solutions for these spaces. One surprising name is BlackBerry (BB). The former smartphone company has pivoted to security and automotive software, looking to create secure connections. The turnaround has been gradual, but it does look like it’s happening. Nevertheless, shares have suffered as the company reported $215 million in earnings ...
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This “Pandemic Trade” Still Has Upside Potential On a Recovery

Last year’s pandemic lockdowns created a number of shifting trends in retail. One of them involved purchasing fewer apparel items for a business market, and more leisure and athletic wear. With the pandemic ending, traders are starting to look elsewhere. But a few companies in the space may still thrive. One potential continued winner is Lululemon (LULU). With fashion trends still supporting casualwear, the firm may still be a winner. That’s why the company also received an upgrade ahead of its ...
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Insider Trading Report: Gold Resource Corp (GORO)

Ronald Little, a director at Gold Resource Corp (GORO), recently bought 20,000 shares. The buy doubled his holdings, and came to a total cost of just over $52,000. Over the past few years, buyers have far outnumbered sellers. Company insiders were bigger sellers of shares back in 2018, however, at a time when shares were priced twice as high as they are today. Overall, insiders own just over 3 percent of shares. Gold Resources explores, develops, and produces gold and silver, among ...
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