Insider Trading Report: Energy Transfer (ET)
Kelcy Warren, Executive Chairman of
Energy Transfer (ET), continues to pick up shares, with a 1.2 million share buy. The latest purchase increased his holdings by 0.4 percent, and came to a total cost of $14.8 million. Warren last bought shares in mid-September, paying about where the stock trades today. Other insiders, including the company CFO, have been buyers earlier in the year as well. The last insider sale was a small one in 2020. Company insiders own 19.8 percent of shares. The ...
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Energy Transfer (ET), continues to pick up shares, with a 1.2 million share buy. The latest purchase increased his holdings by 0.4 percent, and came to a total cost of $14.8 million. Warren last bought shares in mid-September, paying about where the stock trades today. Other insiders, including the company CFO, have been buyers earlier in the year as well. The last insider sale was a small one in 2020. Company insiders own 19.8 percent of shares. The ...
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Unusual Options Activity: Robinhood Markets (HOOD)
Shares of brokerage
Robinhood Markets (HOOD) have been slammed in recent sessions amid a selloff in cryptocurrencies. One trader sees a further decline in the coming months. That’s based on the February 2023 $4 puts. With 98 days until expiration, 3,284 contracts traded compared to a prior open interest of 150, for a 22-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bet. Shares recently traded just over $8, so the stock would need to ...
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Robinhood Markets (HOOD) have been slammed in recent sessions amid a selloff in cryptocurrencies. One trader sees a further decline in the coming months. That’s based on the February 2023 $4 puts. With 98 days until expiration, 3,284 contracts traded compared to a prior open interest of 150, for a 22-fold rise in volume on the trade. The buyer of the puts paid $0.65 to make the bet. Shares recently traded just over $8, so the stock would need to ...
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Profit With Winning Companies Providing “Slow and Steady” Returns
Many investors have made money by buying the dip and being greedy while others are fearful. In today’s fearful markets, there are plenty of bargains. But some companies may continue to struggle right now, leading their share price lower.
Buying companies who have seen their stock price increase this year may be a better way to go. Those companies that can deliver now can likely continue higher no matter what market conditions develop. Playing to that momentum could fare well.
For instance, ...
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Insider Trading Report: Caesars Entertainment (CZR)
Michael Pegram, a director at
Caesars Entertainment (CZR), recently added 25,000 shares. The buy increased his holdings by about 31 percent, and came to a total cost just over $1.18 million. This is the first insider buy since June, when a number of directors also picked up shares. Over the past three years, insiders have mostly been active as sellers, with buying activity only picking up this year. Overall, insiders own 0.4 percent of the company. The casino operator has seen shares slide ...
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Caesars Entertainment (CZR), recently added 25,000 shares. The buy increased his holdings by about 31 percent, and came to a total cost just over $1.18 million. This is the first insider buy since June, when a number of directors also picked up shares. Over the past three years, insiders have mostly been active as sellers, with buying activity only picking up this year. Overall, insiders own 0.4 percent of the company. The casino operator has seen shares slide ...
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Unusual Options Activity: Hanesbrands Inc (HBI)
Shares of apparel company
Hanesbrands Inc (HBI) have lost 60 percent of their value in the past year. One trader sees a further decline in shares in the next few weeks. That’s based on the December 16 $5 put options. With 36 days until expiration, 8,489 contracts traded compared to a prior open interest of 101, for an 84-fold rise in volume on the trade. The buyer of he puts paid $0.08 to make the bet. Shares recently traded for just over $7, ...
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Hanesbrands Inc (HBI) have lost 60 percent of their value in the past year. One trader sees a further decline in shares in the next few weeks. That’s based on the December 16 $5 put options. With 36 days until expiration, 8,489 contracts traded compared to a prior open interest of 101, for an 84-fold rise in volume on the trade. The buyer of he puts paid $0.08 to make the bet. Shares recently traded for just over $7, ...
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Stick With Companies That Can Build Their Customer Base in Poor Markets
Some companies are cyclical, seeing customers appear in good times and disappear in bad. Those customers can be individuals, or entities like corporations or governments.
Companies that are building out corporate or government contracts right now may not fully book that revenue for some time. But when they do, if markets are looking up, they’ll be rewarded for solid long-term decisions being made today. That’s why investors should find companies ramping up their customer base in the current challenging markets.
One company ...
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Insider Trading Report: Sealed Air Corp (SEE)
Sergio Pupkin, a senior vice president at
Sealed Air Corp (SEE), recently picked up 1,000 shares. The buy increased his holdings by 2 percent, and came to a total cost of just over $44,000. He was joined by a director making a first-time buy of 1,200 shares, paying out about $50,000 for the stake. This marks the first insider activity at the company since November 2020. Over the past three years, insider buys have beaten out total insider sales. Overall, company insiders own ...
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Sealed Air Corp (SEE), recently picked up 1,000 shares. The buy increased his holdings by 2 percent, and came to a total cost of just over $44,000. He was joined by a director making a first-time buy of 1,200 shares, paying out about $50,000 for the stake. This marks the first insider activity at the company since November 2020. Over the past three years, insider buys have beaten out total insider sales. Overall, company insiders own ...
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Unusual Options Activity: Starbucks (SBUX)
Shares of coffee chain
Starbucks (SBUX) have rebounded strongly off of earnings in the past few days. One trader sees a further rally in shares over the months ahead. That’s based on the March $115 calls. With 127 days until expiration, 86,914 contracts traded compared to a prior open interest of 330, for a staggering 263-fold jump in volume on the trade. The buyer of the calls paid $0.89 to make the bet. Shares recently traded around $90, so they would need ...
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Starbucks (SBUX) have rebounded strongly off of earnings in the past few days. One trader sees a further rally in shares over the months ahead. That’s based on the March $115 calls. With 127 days until expiration, 86,914 contracts traded compared to a prior open interest of 330, for a staggering 263-fold jump in volume on the trade. The buyer of the calls paid $0.89 to make the bet. Shares recently traded around $90, so they would need ...
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