11342

Insider Trading Report: Golub Capital BDC (GBDC)

David Golub, CEO of
Golub Capital BDC (GBDC) recently picked up 10,000 shares. The buy increased his stake by 0.24 percent, and came to ta total valuation of just under $160,000. He was joined by Lawrence Golub, company Chairman, who also bought 10,000 shares, paying about the same amount. The two have been active and steady buyers since 2019, and there have been no insider sales over the past 3 years. Overall, company insiders own just under 7 percent of company shares. The ...
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11343

Unusual Options Activity: Advanced Micro Devices (AMD)

Shares of semiconductor company
Advanced Micro Devices (AMD) surged to new all-time highs following earnings this week one trader sees shares potentially moving even higher. That’s based on the November $85 calls. With 112 days until expiration, over 12,580 contracts traded against a prior open interest of 736, for a 17-fold rise in volume. The buyer of the calls paid about $16.15 to make the trade. With shares around $98 following their earnings bump, the option is about $13 in-the-money, leaving about $3 ...
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11334

Big Tech Wins on Earnings, But Poor Guidance Creates Buying Opportunities

Investors are looking for guidance right now, and many companies simply aren’t delivering. That’s a lingering effect of the pandemic that will eventually go away. Until then, even a company that reports great earnings for the prior quarter can see their shares sell off as traders look forward. That’s been the case just this week with major companies reporting such as
Microsoft (MSFT) and
Advanced Micro Devices (AMD). Both companies saw an immediate drop in share price when they reported earnings after the ...
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11335

Insider Trading Report: Anthem (ANTM)

Ryan Schneider, a director at
Anthem (ANTM), recently picked up 1,300 shares. The buy increased his stake by 38 percent, and came to a total price of just under $500,000. Schneider was the last insider to buy at the company as well, picking up shares back in February. Overall, company insiders, including both C-suite executives and directors, have been big sellers of shares in the past three years. Overall, company insiders own just 0.2 percent of company shares. In the past year, shares ...
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11337

Unusual Options Activity: Activision Blizzard (ATVI)

Shares of game studio
Activision Blizzard (ATVI) have broken down to the lower end of their trading range over the past few months. One trader sees the possibility for a bounce back higher in the coming months. That’s based on the February 2022 $92.50 calls. With 204 days until expiration, 8,940 contracts traded against a prior open interest of 141 for a 63-fold surge in volume. The buyer of the calls paid $5.10 to make the trade. Shares have recently dropped to around ...
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11321

Quantum Computing Potential Makes this Household Name an Unusual Tech Buy

Investors will often flock to smaller tech names when they’re looking for a fast profit. But, it’s often bigger companies embracing new technologies that have the expertise and financial depth needed to carry big projects to fruition. That’s why the big-tech companies have come to dominate markets in recent years, and why they may yet further increase their market share. But a group of up-and-coming big tech plays could disrupt the biggest players in the mega-stock club. One such company is
Honeywell (HON) ...
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11323

Insider Trading Report: FAST Acquisition Corp (FAST)

Chatham Asset Management, a major holder at
FAST Acquisition Corp (FAST), recently acquired another 395,000 shares. The buy increased the fund’s stake by over 13 percent, and came to a total cost of just over $4.6 million. The fund has been a regular buyer throughout the month of July, picking up over 1.1 million shares in total at a price of over $11 million all told. Prior to that, another major holder was a seller of shares throughout late 2020. FAST Acquisition ...
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11325

Unusual Options Activity: Morgan Stanley (MS)

Shares of investment bank
Morgan Stanley (MS) have nearly doubled in the last year. One trader sees the potential for a further move higher in shares in the months ahead. That’s based on the February 2022 $100 calls. Expiring in over six months, over 11,220 contracts traded against a prior open interest of 215 contracts, for a 52-fold rise in volume. The buyer of the calls paid about $5.10 to do so. The bank’s strongly performing share price stands against a relatively slow ...
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