13015

Insider Trading Report: Tilly’s (TLYS)

Michael Henry, CFO at
Tilly’s (TLYS), recently added 4,400 shares to his holdings. The buy increased his stake by over 15 percent, and came to a total price over $30,600. This is the third buy from the company CFO this year. No other executives have been buyers, and insiders, including executives, directors, and major holders, have largely been sellers of shares going back to 2020. Overall, insiders as the company own about 1.9 percent of shares. Shares of the apparel retail chain are ...
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13017

Unusual Options Activity: American Airlines Group (AAL)

Shares of airline operation
American Airlines Group (AAL) have shed over 37 percent of their value in the past year. One trader sees the possibility for a further decline in the next two years. That’s based on the June 2024 $3 puts. With 715 days until expiration, 8,774 contracts traded compared to an open interest of 138, for a 64-fold rise in volume on the trade. The buyer of the puts paid $0.46 to make the bearish bet. Shares recently traded for Read More About This
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13006

These Market Underperformers Stand to Outperform on the Next Rally

Financial stocks tend to be sensitive and even leveraged to changes in the economy. That’s been the case with a number of financial stocks so far this year. One niche in this space that has been hit the hardest has been in asset managers. These companies have been declining from the one-two punch of a slowing economy, and a decline in asset values as well. These stocks are now down about twice as much as the S&P 500 index. On an economic ...
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13009

Insider Trading Report: Nike (NKE)

John Rogers, a director at
Nike (NKE), recently added 10,000 shares. The buy increased his by nearly 64 percent, and came to a total cost of just over $1.02 million. This marks the first insider buy at the company since early 2020. Company insiders, including both executives and directors, have been sizeable and regular sellers of shares over the past three years. Overall, insiders at the company own about 1.2 percent of shares. The athletic apparel company has slid 37 percent in the ...
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13010

Unusual Options Activity: Marvell Technology (MRVL)

Shares of semiconductor company
Marvell Technology (MRVL) have lost over a quarter of their value in the past year. One trader sees a potential rebound ahead in the coming months. That’s based on the September $42.50 calls. With 72 days until expiration, 18,092 contracts traded compared to a prior open interest of 154, for a 117-fold jump in volume on the trade. The buyer of the calls paid $4.85 to get in. The buy comes as shares have hit a 52-week low under ...
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12999

Poor Company Outlooks Usually Mark a Time to Buy, Not Sell

Analysts tend to run behind market events. Companies tend to see upgrades after a big move higher. And when a stock is falling, the downgrades will come in too late to protect investors from most of the drop. The same is true with companies reporting their outlook. When things look good, companies tend to overestimate their future returns. When markets sour, they tend to significantly underrate their future returns. Case in point?
Micron Technology (MU). The memory maker is reporting a slowdown ...
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13001

Insider Trading Report: Thor Industries (THO)

Peter Orthwein, a director at
Thor Industries (THO), recently added 3,000 shares. The buy increased his stake by 0.3 percent, and came to a total purchase price of $228,000. This is the second buy from the director in the past month. Other directors have also been buyers of shares in recent months. Going further back, company executives were sellers of shares at higher prices in the past year. Overall, insiders own about 4.5 percent of shares. The recreational vehicle company has seen shares ...
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13002

Unusual Options Activity: Bank of America (BAC)

Shares of financial giant
Bank of America (BAC) have been in a downtrend for the past six months. One trader sees the potential for a rebound in the next two years. That’s based on the June 2024 $32 calls. With 717 days until expiration, 8,055 contracts traded compared to a prior open interest of 154, for a 52-fold rise in volume on the trade. The buyer of the calls paid $5.13 to make the trade. Shares recently traded for about $31, so they’d ...
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