Insider Activity Report: Arbor Realty Trust (ABR)

Ivan Kaufman, CEO at Arbor Realty Trust (ABR) recently bought 35,000 shares. The buy increased his stake by 1 percent, and came to a total cost of $426,450. He was joined by the company CFO, who bought 10,000 shares on two separate transactions, for just under $123,000. A company director has also been a buyer in recent weeks. Going further back, insider buys have far exceeded insider sales. Overall, Arbor insiders own about 2.2 percent of shares. The mortgage REIT is ...
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Unusual Options Activity: Amazon (AMZN)

Tech giant Amazon (AMZN) is up about 60 percent over the past year, and the company is holding up well as retail is showing signs of strength this holiday season. However, one trader is betting shares may be done moving higher. That’s based on the February $180 puts. With 78 days until expiration, 3,864 contracts traded compared to a prior open interest of 104, for a 37-fold rise in volume on the trade. The buyer of the puts paid $32.65. Amazon shares ...
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This Income Play Is Trending Higher – And May Have More Value to Unlock

While growth stocks have staged a strong comeback in recent weeks, income stocks remain well off their highs. The good news is that these stocks offer a historically higher yield than at most other points over the last two years. And should interest rates start to trend down next year, income stocks should trend higher to match that change in yields. That means today’s investors can get a relatively high yield, plus see some capital appreciation ahead. One income-heavy space is cell ...
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Insider Activity Report: Prospect Capital (PSEC)

Grier Eliasek, COO at Prospect Capital (PSEC), recently bought 26,750 shares across two transactions. The buys came to a total price just over $153,000, and increased the COO’s position by about 2 percent. Those buys came a few weeks after the company CFO bought 5,000 shares, paying just over $28,000 and increasing her stake by about 7 percent. Insiders have only been buyers over the last two years. In total, Prospect Capital insiders won 27.4 percent of shares. The business development company ...
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Unusual Options Activity: Dominion Energy (D)

Utility company Dominion Energy (D) is down over 22 percent this year, as rising interest rates have hit interest-rate sensitive stocks hard. Shares have started to move higher, and one trader sees a continued rally higher in the months ahead. That’s based on the April 2024 $52.50 calls. With 142 days until expiration, 10,001 contracts traded compared to a prior open interest of 274, for a 37-fold rise in volume on the trade. The buyer of the calls paid $0.70. Dominion shares ...
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This 2024 Trend Could Offer Stronger-Than-Expected Returns

Economic trends can shift over time, and catching them near the start can lead to big profits. The strategy is to identify which sectors will benefit from that shift, and invest with the industry leaders, who are best poised to profit. One trend coming next year is a rise in business travel. It’s been slow to recover since virtually ending during the pandemic, but 2024 looks like it will be the strongest year yet for this trend. Business travel means expensed airline ...
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Insider Activity Report: 3D Systems Corp (DDD)

Thomas Erickson, a director at 3D Systems Corp (DDD), recently added 50,000 shares to his holdings. The buy increased his position by 32 percent, and came to a total cost of $328,400. This is the first insider buy in a year, following a 20,000 share pickup from the company’s President and CEO in November 2022. Insiders made a few small buys earlier in 2022, and three insiders sold in the past 12 months. Overall, 3D Systems insiders own 2.4 percent of ...
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Unusual Options Activity: Papa John’s International (PZZA)

Pizza chain Papa John’s International (PZZA) is down 20 percent over the past year, and shares trade near their 52-week low. However, one trader sees the possibility for a sizeable jump higher in the coming weeks. That’s based on the December 15 $72.50 calls. With 16 days until expiration, 3,512 contracts traded compared to a prior open interest of 105, for a 33-fold rise in volume on the options trade. The buyer of the calls paid $0.45 to make the bullish ...
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