10171

Insider Trading Report: KeyCorp (KEY)

Robin Hayes, a director at
KeyCorp (KEY), recently started a stock position with a 2,500 share buy. The purchase cost a total of $40,000. Over the past year, insiders have seen both buyers and sellers. But buyers have held the advantage, thanks to multiple director buys and a 100,000 share purchase from the company President back in April. Over the past three years, insiders have been net sellers, so 2020 has been an outlying year for insider activity. Shares of the regional ...
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10164

Insider Trading Report: Crown Castle International (CCI)

Martin Landis, a director at
Crown Castle International (CCI) recently bought shares on two consecutive days last week. On December 9th, he picked up 2,100 shares. On December 10th, he bought 1,200 shares. The total cost for those two buys came to just under $540,000. Landis also bought shares in October. Most company insiders have been sellers of shares throughout the year at the cell tower firm. The company, structured as a real estate investment trust, has moved about 16 percent higher ...
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10162

Follow this Activist Investor into an Underperforming Giant

A company that’s successful will sometimes pivot to a new challenge. Sometimes, it may stay with its core focus. And at other times, it may rest on its laurels, allowing competitors to come in and find a better way to succeed in the sector. In that last case, an activist investor may step in to streamline operations, cut costs, and make the company competitive again. Such investments can often turn industry laggards into leaders. That could be the case with
Public Storage (PSA) ...
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10166

Unusual Options Activity: AES Corp (AES)

Shares of
AES Corp (AES) have rallied by over 25 percent in the past few months. At least one trader sees the utility company pulling back from these levels. That’s based on the January 15th 2021 $20 puts. Expiring in just 30 days, over 4,050 contracts traded against a prior open interest of 186, for a 22-fold rise in volume. With shares at $21.65, shares would need to fall nearly 8 percent for this trade to move in-the-money. The option buyer paid about ...
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10153

Unusual Options Activity: Virgin Galactic (SPCE)

Shares of
Virgin Galactic (SPCE) dropped heavily on Monday, as the company’s latest test flight triggered a failsafe. But at least one trader recognizes that rocket science is complex, and shares will recover. That’s based on the January 8th 2021 $27.50 calls. Expiring 24 days, over 1,400 of the contracts traded hands, a 13-fold increase in volume over the prior open interest of 110. The trader paid about $2.65 for the options. Shares fell to just under $27, making this an at-the-money trade ...
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10150

Rising Sales Trends Point to an Oversold Rally in this Stock

Some companies have fared better than others this year. The restaurant space has been decimated, as sales have plummeted. But while that’s been hard-hitting for family-owned operations, large, publicly-traded firms have held up well. These are the companies that were already capable of providing their goods via pickup (such as drive-thru) and delivery options. So it’s no surprise that these restaurants have held up better, and will likely continue to do so. However, since the announcement of a Covid vaccine, a number ...
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10152

Insider Trading Report: Coty Inc (COTY)

Anna von Bayern, the Chief Corporate Affairs Officer at
Coty (COTY), recently started a stake with a 32,100 share buy. The total price came to just over $232,000. This is the first buy from a company executive in months, but company directors have been active buyers over the past few months. In total, a handful of directors have picked up over 1.1 million shares of the cosmetics company. Overall, insiders own over 62 percent of shares. Shares of the firm have rebounded ...
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10146

Insider Trading Report: Keurig Dr Pepper (KDP)

Robert Singer, a director at
Keurig Dr Pepper (KDP), recently added 2,500 shares to his stake. That increased his holdings by 11 percent. The total purchase price came to just over $75,000. That’s on top of another buy made from the director in November of 7,500 shares, which came to just over $226,000. Insiders have generally been sellers in the past year, although that’s occurred at the major shareholder level by firms JAB Holdings and Mondelez International. Despite the large sales, thanks ...
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