This Player in a Major Digital Trend Just Attracted the Biggest Name in Tech

There are many ways to play the growing digitization of the economy. Traders are familiar with software companies, which can make money selling once or via monthly subscription models. Or hardware firms that create the tools needed to access it in the first place. But other trends in the digital age are out there. Ark Investments, one of the top tech investment funds, has been around for years. Its performance last year, however, has led to many close followers. Recently, one of ...
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Insider Trading Report: Crown Castle International (CCI)

Kevin Stephens, a director at Crown Castle International (CCI) recently picked up 2,000 shares. The buy increased his stake by nearly 96 percent, and came to a total cost of $328,000. This is the first insider buy of 2021. Insiders were both buyers and sellers in 2020, with directors picking up shares as C-suite executives generally being sellers at the firm. Overall, in the past few years, insider sales have exceeded insider buys. Despite the general sales of insiders, the company’s ...
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Unusual Options Activity: Cloudera (CLDR)

Enterprise data cloud platform firm Cloudera (CLDR) has seen shares rally nearly 70 percent since early November. At least one trader sees shares continuing to head higher. That’s based on the August 2021 $17.50 call option. Over 16,400 contracts traded against a prior open interest of 143, for a 144-fold rise in volume. The call option is at-the-money, given the current price of $17.43. The trader paid $3.88 for the trade on average. The trade expires in 198 days. Shares are ...
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Unusual Options Activity: Ferroglobe PLC (GSM)

Aluminum mining and production firm Ferroglobe PLC (GSM) has seen a large surge higher in shares in recent weeks, with the small-cap company more than doubling. At least one trader sees the trend continuing. That’s based on the September 2021 $2.00 calls. With shares near $2.40, the trade is already well in-the-money. Over 3,900 contracts traded against a prior open interest of 104, for a 38-fold rise in volume. The trader paid about $1.23 for the contracts on average. Shares would thus ...
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This Finance Play May be the Biggest Beneficiary of Crypto and Retail Investing Trends

Robinhood traders are livid at the platform’s decision to cut off trading in popular trades over the past week. They’re looking to take their money elsewhere, which could quickly undo the million new accounts that were created in the last month. If that’s the case, there are only a few other brokerage firms that will allow full trading right now in every stock out there. But traders are also looking to get out of the system by buying cryptocurrency. That narrows the ...
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Insider Trading Report: Teledyne Technologies (TDY)

Robert Mehrabian, Executive Chairman of Teledyne Technologies (TDY), recently bought 10,000 shares. The purchase increased his holdings by 6.3 percent, and came to a total cost of $3.66 million. This marks the first insider buy at the company in over three years. Insiders have generally been sellers of shares on a regular and ongoing basis, as is typical of a technology company. The insider sales include both directors and C-suite executives. Overall, insides own just 1.5 percent of company shares. Shares ...
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Unusual Options Activity: Walgreens Boots Alliance (WBA)

Pharmaceutical chain Walgreens Boots Alliance (WBA) has been in a strong uptrend for months. Shares spiked higher last week before starting to decline, but at least one trader sees shares continuing to trend higher. That’s based on the March 2021 $57.50 calls. With 46 days left until expiration, over 17,470 contracts traded, a 34-fold rise in volume from the prior open interest near 500. The buyer of the contracts paid about $1.02 on average. With shares around $50, the price will need ...
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Insider Trading Report: Norwood Financial Corp (NWFL)

William Davis, Chairman of the Board at Norwood Financial Corp (NWFL), recently picked up 1,800 shares. The buy increased his stake in the regional bank by nearly 4 percent, and came to a total purchase price of just over $45,000. This marks the first insider buy of the year. However, a number of company directors were active buyers late last year. A number of C-suite executives have been mild sellers in the past year as well. Overall, insiders own 4.5 percent ...
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