11003

Insider Trading Report: 3D Systems Corp (DDD)

Jeffrey Graves, President and CEO of
3D Systems Corp (DDD), recently picked up 4,100 shares. The buy increased his stake by 0.75 percent and came to a total purchase price of just over $101,000. This marks the first insider buy since September. Company insiders have generally been sellers over the past three years, but prior insider buys have been at far lower prices than where shares currently trade today. Overall, company insiders own about 2.7 percent of company shares. 3D Systems designs and ...
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11000

Even Without a Stock Split, This Tech Winner Remains a Buy

Graphics processing unit maker
Nvidia (NVDA) announced plans to make a 4-for-1 share split on Friday. That gave shares of the company a quick boost, as it marks the first share split in 14 years for the firm. While the lower share price doesn’t change the company’s market cap, it does make trading easier, particularly for retail investors. It’s fairly common to see companies split shares as they continue a long-term rally. While Nvidia’s conventional valuation is a big high right now, ...
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10995

Six Month Lows Point to Buying Opportunity in This High Growth Food Chain

The past few months have been tough for many stocks. Even with markets near all-time highs, a number of individual sectors and companies have been hit hard. One company sliding in recent weeks has been
Chipotle Mexican Grill (CMG). Shares are now back to six-month lows, and have now underperformed the S&P 500 over the past year. But shares have recently gotten into oversold territory, and look set to make a move higher. Analysts are starting to notice the pattern in shares ...
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10997

Insider Trading Report: Lakeland Bancorp Inc (LBAI)

James Hanson, a director at
Lakeland Bancorp Inc (LBAI) recently bought 1,240 shares. The buy came to just over $18,500 and represents a 1.4 percent increase in his holdings. This is the first insider buy since February. Insiders have been active buyers of shares at the bank, with only one insider sale in the past year. These buys include both company executives and directors. Overall, insiders own 4.3 percent of company shares. The bank has seen revenue rise by 34 percent in ...
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10998

Unusual Options Activity: Advanced Micro Devices (AMD)

The recent selloff in tech has caused a number of big-name companies benefitting from the semiconductor shortage to decline. One such name is
Advanced Micro Devices (AMD). At least one trader sees room for a rally ahead. That’s based on the March 2022 $77.50 calls. With 298 days until expiration, over 13,300 contracts traded, a 60-fold rise in volume from the prior open interest of 222. The buyer of the calls paid about $11.40 for the option. With shares around $78, the option ...
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10991

Corporate Trends Support this Cloud Powerhouse

Companies solving problems related to remote work trends fared well at the start of the pandemic. While that’s ending, a few companies are likely to be able to continue carrying on their success. One such company is
Salesforce (CRM). The company was recently given an upgrade to an overweight rating, as shares are at a solid discount from their peak and the enterprise software company is likely to continue consolidating its market share. Shares have also started trending up again in recent ...
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10994

Unusual Options Activity: Tesla Motors (TSLA)

Electric car manufacturer
Tesla Motors (TSLA) has been out of favor with the markets in recent weeks. At least one trader sees further short-term weakness. That’s based on a number of unusual options trades. The June 11 $480 put is one such trade. Over 3,580 contracts traded from a prior open interest of 180, for a 20-fold rise in volume. The buyer of the option, which expires in 21 days, paid about $7.95 for the contract. With shares around $565, shares would need ...
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10992

Insider Trading Report: Corning (GLW)

Roger Ferguson, a director at
Corning (GLW), recently bought 1,399 additional shares. The buy increased his holdings by nearly 52 percent, and came to a total purchase price of just under $43,000. This marks the first insider buy in three years, and as shares are at a multi-year high. Prior insider activity shows a deluge of sales from company executives. This is the first insider activity from any director in the past three years as well. Overall, company insiders own 9.7 percent ...
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