Insider Trading Report: Restaurant Brands International (QSR)
Marc Lemann, a director at
Restaurant Brands International (QSR), recently bought 15,000 shares. This buy came to a total purchase price of just over $1 million, and represents the director’s initial stake in the company. This represents a rare buy at the company, as the most recent prior buy occurred in early 2019. Overall, company insiders have been regular and large sellers of company shares, including both C-suite executives and company managers. Overall, company insiders own about 1.5 percent of company shares. The ...
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Restaurant Brands International (QSR), recently bought 15,000 shares. This buy came to a total purchase price of just over $1 million, and represents the director’s initial stake in the company. This represents a rare buy at the company, as the most recent prior buy occurred in early 2019. Overall, company insiders have been regular and large sellers of company shares, including both C-suite executives and company managers. Overall, company insiders own about 1.5 percent of company shares. The ...
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Unusual Options Activity: Weyerhaeuser (WY)
Shares of mill and paper firm
Weyerhaeuser (WY) have slid heavily in the past few weeks, coinciding with a massive drop in lumber prices after a massive expansion in the past year. One trader sees the potential for a return to the stock’s recent highs. That’s based on the March 2022 $40 calls. Expiring in 263 days, over 6,085 contracts traded against a prior open interest of 153 contracts, for a 40-fold rise in volume. The buyer of the option paid about $1.10 ...
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Weyerhaeuser (WY) have slid heavily in the past few weeks, coinciding with a massive drop in lumber prices after a massive expansion in the past year. One trader sees the potential for a return to the stock’s recent highs. That’s based on the March 2022 $40 calls. Expiring in 263 days, over 6,085 contracts traded against a prior open interest of 153 contracts, for a 40-fold rise in volume. The buyer of the option paid about $1.10 ...
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The World’s Most Successful Conglomerate Buys… Itself
The pandemic saw a rapid drop in companies paying out dividends or buying back shares. That trend has now reversed. Even though most stocks are above pre-pandemic levels and have been for some time, buybacks are still moving higher. One such company that’s gotten into the buyback game in recent quarters is
Berkshire Hathaway (BRK-B). The conglomerate operated by Warren Buffett has been making small purchases of its shares, with an estimated $6.4 billion buyback in the current quarter. Buffett follows the ...
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Berkshire Hathaway (BRK-B). The conglomerate operated by Warren Buffett has been making small purchases of its shares, with an estimated $6.4 billion buyback in the current quarter. Buffett follows the ...
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Unusual Options Activity: SoFi Technologies (SOFI)
Shares of fintech firm
SoFi Technologies (SOFI) have been trading in a narrow range since the company’s IPO via a special purpose acquisition company, or SPAC. One trader sees the potential for a move higher in the coming weeks and months. That’s based on a number of unusual options in the stock. The most interesting is the January $7.50 calls. With 210 days until expiration, over 8,300 contracts traded against an open interest of 228, for a 36-fold jump in volume. The buyer ...
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SoFi Technologies (SOFI) have been trading in a narrow range since the company’s IPO via a special purpose acquisition company, or SPAC. One trader sees the potential for a move higher in the coming weeks and months. That’s based on a number of unusual options in the stock. The most interesting is the January $7.50 calls. With 210 days until expiration, over 8,300 contracts traded against an open interest of 228, for a 36-fold jump in volume. The buyer ...
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Insider Trading Report: FutureFuel Corp (FF)
Donald Bedell, a director at
FutureFuel Corp (FF), recently picked up 10,000 shares. The buy increased his stake by 17 percent, and came to a total purchase price of $9,660. This marks the first insider buy since a director picked up shares in March of 2020. Two insiders sold in 2020, otherwise, company insiders haven’t been particularly active. Overall, company insiders own over 41 percent of shares. The company manufactures biofuels and related chemicals. Despite a rise in energy prices in the ...
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FutureFuel Corp (FF), recently picked up 10,000 shares. The buy increased his stake by 17 percent, and came to a total purchase price of $9,660. This marks the first insider buy since a director picked up shares in March of 2020. Two insiders sold in 2020, otherwise, company insiders haven’t been particularly active. Overall, company insiders own over 41 percent of shares. The company manufactures biofuels and related chemicals. Despite a rise in energy prices in the ...
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Is It Time for Short Squeeze 2.0?
Possibly. The past few weeks have seen
AMC Entertainment (AMC) raise billions of dollars in capital from selling shares at market, and retiring debt. And earlier this week,
GameStop (GME) announced it completed a 5-million share sale as well. By raising this capital, these companies are now well-funded for future expansions. And by paying off debt, they improve their cash flows by avoiding interest payments as well. That doesn’t even get into the possibility of a short squeeze. While the market is now reporting ...
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AMC Entertainment (AMC) raise billions of dollars in capital from selling shares at market, and retiring debt. And earlier this week,
GameStop (GME) announced it completed a 5-million share sale as well. By raising this capital, these companies are now well-funded for future expansions. And by paying off debt, they improve their cash flows by avoiding interest payments as well. That doesn’t even get into the possibility of a short squeeze. While the market is now reporting ...
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Insider Trading Report: Continental Resources (CLR)
Harold Hamm, a director and major holder at
Continental Resources (CLR), recently bought 76,486 shares. The buy increased his stake by 0.03 percent. The buy comes two days after a 270,000 share buy. In total, the insider has bought more than $10 million in shares this month. Other company insiders have been active in the past year, although insider sales have outpaced insider buys, even as shares have trended higher in the past year. Overall, company insiders own a whopping 82 percent ...
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Continental Resources (CLR), recently bought 76,486 shares. The buy increased his stake by 0.03 percent. The buy comes two days after a 270,000 share buy. In total, the insider has bought more than $10 million in shares this month. Other company insiders have been active in the past year, although insider sales have outpaced insider buys, even as shares have trended higher in the past year. Overall, company insiders own a whopping 82 percent ...
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Unusual Options Activity: Apple (AAPL)
Shares of consumer tech giant
Apple (AAPL) have been trading in a range for the past few months, but is starting to move towards the higher end of its range. One trader sees the possibility for a breakout to new all-time highs for the company. That’s based on the July 30th $155 calls. With 36 days until expiration, over 14,520 contracts traded against a prior open interest of 260, for a 56-fold rise in volume. The buyer of the calls paid $0.26 for ...
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Apple (AAPL) have been trading in a range for the past few months, but is starting to move towards the higher end of its range. One trader sees the possibility for a breakout to new all-time highs for the company. That’s based on the July 30th $155 calls. With 36 days until expiration, over 14,520 contracts traded against a prior open interest of 260, for a 56-fold rise in volume. The buyer of the calls paid $0.26 for ...
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