Insider Trading Report: Archer Daniels Midland (ADM)
Jennifer Weber, a senior vice president at
Archer Daniels Midland (ADM), recently picked up 5,905 shares. The buy increased her stake by nearly 8 percent, and came to a total purchase price of just under $298,000. This marks the first insider buy since last September. Insiders are typically sellers of shares, even as prices of the agricultural giant have been trending higher. Overall, insiders own just under 0.4 percent of the company. Concerns of food supply disruption and inflation have led to ...
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Archer Daniels Midland (ADM), recently picked up 5,905 shares. The buy increased her stake by nearly 8 percent, and came to a total purchase price of just under $298,000. This marks the first insider buy since last September. Insiders are typically sellers of shares, even as prices of the agricultural giant have been trending higher. Overall, insiders own just under 0.4 percent of the company. Concerns of food supply disruption and inflation have led to ...
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Unusual Options Activity: American Airlines (AAL)
Shares of
American Airlines (AAL) have roughly doubled since the announcement of a Covid vaccine in early November. One trader sees a further move higher in the next month. That’s based on the April $29 calls. With 31 days until expiration, over 24,200 contracts traded, a 33-fold rise in volume from the prior open interest of 724. The option buyer paid about $0.62 for the contract. With a share price near $23.50, shares would need to rally another 23 percent in the next ...
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American Airlines (AAL) have roughly doubled since the announcement of a Covid vaccine in early November. One trader sees a further move higher in the next month. That’s based on the April $29 calls. With 31 days until expiration, over 24,200 contracts traded, a 33-fold rise in volume from the prior open interest of 724. The option buyer paid about $0.62 for the contract. With a share price near $23.50, shares would need to rally another 23 percent in the next ...
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Insider Trading Report: Lions Gate Entertainment (LGF-B)
Gordon Crawford, a director at
Lions Gate Entertainment (LGF-B), recently picked up 100,000 shares. The total cost of the buy came to just under $1.6 million, and increased the director’s stake by over 62 percent. This marks the first insider buy of the year. Insiders have been active buyers in the past 18 months, but before that were more likely to be sellers, at a far higher price than where shares trade today. Overall, insiders own just over 2 percent of shares. Shares ...
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Lions Gate Entertainment (LGF-B), recently picked up 100,000 shares. The total cost of the buy came to just under $1.6 million, and increased the director’s stake by over 62 percent. This marks the first insider buy of the year. Insiders have been active buyers in the past 18 months, but before that were more likely to be sellers, at a far higher price than where shares trade today. Overall, insiders own just over 2 percent of shares. Shares ...
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Obvious Value in a Heavily-Watched Sector
Health care and biotech companies have had some big moves over the past year, but seem to be settling back into the relative underperformance that marked the pre-pandemic era. That’s also applied to pharmaceutical companies too, including those who have developed Covid vaccines.
The drug industry’s historically rapid development of a vaccine seems to be no longer impressive. Neither does the likely profits to be had thanks to government support and backing.
Case in point?
Pfizer (PFE). Shares have shed more than 20 ...
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Pfizer (PFE). Shares have shed more than 20 ...
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Faster Growth and Buybacks Point to Strong, Steady Returns
Stock buybacks and dividends were slashed or eliminated last year. Many firms are starting to resume either or both, and point to which companies are likely to continue to fare well in the post-pandemic world.
One company just reported strong growth following a merger, and surprised even more with the possibility that a buyback of up to $60 billion would occur within the next few years.
The company?
T-Mobile (TMUS). The telecom company merged with Spring last year, just in time for the ...
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T-Mobile (TMUS). The telecom company merged with Spring last year, just in time for the ...
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Insider Trading Report: Walmart (WMT)
Randall Stephenson, a director at
Walmart (WMT), recently picked up 7,725 shares. The buy came to a total purchase price of $1.2 million, and increased the director’s holdings by over 1,300 percent. This is the first insider buy in over three years. Insiders, typically members of the Walton family but also some executives, have exclusively been sellers in the past three years. Even with the large, regular sales by company insiders, they still own over 51 percent of shares. Shares of the ...
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Walmart (WMT), recently picked up 7,725 shares. The buy came to a total purchase price of $1.2 million, and increased the director’s holdings by over 1,300 percent. This is the first insider buy in over three years. Insiders, typically members of the Walton family but also some executives, have exclusively been sellers in the past three years. Even with the large, regular sales by company insiders, they still own over 51 percent of shares. Shares of the ...
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Unusual Options Activity: Airbnb (ABNB)
Lodging platform app
Airbnb (ABNB) has been trending up since it first went public late last year. Following better than expected earnings, shares have been trending higher. One trader sees a further move ahead. That’s based on the June $210 calls. With 94 days until expiration, over 9,200 contracts traded, a 49-fold rise in volume from the prior open interest of 187. The buyer paid about $24.50 for the calls. Shares are just around $200, so they would need to rally just over ...
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Airbnb (ABNB) has been trending up since it first went public late last year. Following better than expected earnings, shares have been trending higher. One trader sees a further move ahead. That’s based on the June $210 calls. With 94 days until expiration, over 9,200 contracts traded, a 49-fold rise in volume from the prior open interest of 187. The buyer paid about $24.50 for the calls. Shares are just around $200, so they would need to rally just over ...
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This Overlooked Software Play is Set to Reward Investors
Tech stocks may be off their lows, but traders aren’t quite ready to embrace the space quite yet. That’s resulted in a few relative bargains. Especially when a company is capable of posting massive growth right now.
That’s the case with
Oracle (ORCL). The software giant has been shifting to a subscription revenue model, which has made for stronger and more consistent earnings. Profits are now up 20 percent compared to a year ago. Besides trouncing on earnings, the company just boosted ...
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Oracle (ORCL). The software giant has been shifting to a subscription revenue model, which has made for stronger and more consistent earnings. Profits are now up 20 percent compared to a year ago. Besides trouncing on earnings, the company just boosted ...
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