Insider Trading Report: Perrigo Co (PRGO)
Geoffrey Parker, a director at
Perrigo Co (PRGO), recently picked up 2,500 shares. The buy increased his stake by nearly 18 percent, and came to a total purchase price of just over $103,000. This marks the first insider buy at the company since January. Insiders have been active on both the buy and sell side, with an insider sale earlier in the month. Overall, in the past three years, buyers have outnumbered sellers. Shares of the generic drug manufacturer have been in ...
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Perrigo Co (PRGO), recently picked up 2,500 shares. The buy increased his stake by nearly 18 percent, and came to a total purchase price of just over $103,000. This marks the first insider buy at the company since January. Insiders have been active on both the buy and sell side, with an insider sale earlier in the month. Overall, in the past three years, buyers have outnumbered sellers. Shares of the generic drug manufacturer have been in ...
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Ignore the Market Fear in Tech with Profitable Software Plays
Software is a high profit-margin business. Companies embracing a recurring revenue model can do even better. But with tech shares looking volatile lately, these companies have been out of favor with the market as part of the tech space.
However, strong earnings by software companies point to further profits ahead. These companies will be able to pass on higher costs, and investors who target successful software companies will come out ahead in time.
One such name is
Adobe (ADBE). The software company just ...
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Adobe (ADBE). The software company just ...
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Ignore Supply Chain Problems, This Tech Giant Will Come Out Ahead
With a shortage of computer chips and semiconductors, a number of companies have had to warn that they may not be able to produce enough of some goods to meet demand. For some companies, however, that may not be as big of a problem as expected.
One such play that may fare well?
Apple (AAPL). The company’s steady sales, particularly with its latest iPhone, appear to put it past some of the shortage issues impacting other companies in the tech space. As a ...
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Apple (AAPL). The company’s steady sales, particularly with its latest iPhone, appear to put it past some of the shortage issues impacting other companies in the tech space. As a ...
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Insider Trading Report: Software Acquisition Group Inc II (SAII)
Mithaq Capital, a major holder of
Software Acquisition Group II (SAII), recently bought 369,924 shares. The buy increased the fund’s stake by 4 percent, and came to a total purchase price of $3.89 million. This adds on to other buys from the fund since SAII went public as a SPAC offering last month. A SPAC is a special purpose acquisition company that raises capital to buy a business outright. SPACs typically go public around $10 per share. Their price varies depending on a ...
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Software Acquisition Group II (SAII), recently bought 369,924 shares. The buy increased the fund’s stake by 4 percent, and came to a total purchase price of $3.89 million. This adds on to other buys from the fund since SAII went public as a SPAC offering last month. A SPAC is a special purpose acquisition company that raises capital to buy a business outright. SPACs typically go public around $10 per share. Their price varies depending on a ...
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Unusual Options Activity: Visa (V)
Credit card giant
Visa (V) saw its shares sell off last week on news of a government probe. However, at least one trader is betting on a move higher. That’s based on the May $210 calls. Nearly 3,000 contracts traded against a prior open interest of 128, for a 23-fold rise in volume. The trade expires in 58 days, and trades right at-the-money given the current price near $208. The buyer of the option paid about $7.40 for the call. Visa’s status as one ...
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Visa (V) saw its shares sell off last week on news of a government probe. However, at least one trader is betting on a move higher. That’s based on the May $210 calls. Nearly 3,000 contracts traded against a prior open interest of 128, for a 23-fold rise in volume. The trade expires in 58 days, and trades right at-the-money given the current price near $208. The buyer of the option paid about $7.40 for the call. Visa’s status as one ...
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Insider Trading Report: Biohaven Pharmaceutical (BHVN)
John Childs, a director at
Biohaven Pharmaceutical (BHVN), recently made a 13,157 share buy. The purchase came to just under $1 million even, and increased the director’s stake by just over 0.5 percent. That’s the second buy from Childs this month following a 10,000 share buy earlier. Insiders have been both buyers and sellers in the past year, with sellers leading on total shares. Overall, insiders own nearly 14 percent of the company. A biotech firm targeting neurological diseases, the company has ...
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Biohaven Pharmaceutical (BHVN), recently made a 13,157 share buy. The purchase came to just under $1 million even, and increased the director’s stake by just over 0.5 percent. That’s the second buy from Childs this month following a 10,000 share buy earlier. Insiders have been both buyers and sellers in the past year, with sellers leading on total shares. Overall, insiders own nearly 14 percent of the company. A biotech firm targeting neurological diseases, the company has ...
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Rising Dividends Point to Strong Retail Trends Ahead
A number of companies reduced or eliminated dividend payments during the pandemic last year in a move to preserve cash. Now, a few companies are coming back to the table. But a select few firms have not only kept, but are growing their dividends.
Two of those plays are in retail. There’s
Williams-Sonoma (WSM). Their shares jumped to a new high on news of a higher dividend payout. But another company just announced a bump as well. With its shares declining in recent ...
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Williams-Sonoma (WSM). Their shares jumped to a new high on news of a higher dividend payout. But another company just announced a bump as well. With its shares declining in recent ...
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Unusual Options Activity: Netflix (NFLX)
Streaming giant
Netflix (NFLX) has had a big increase in competition in the past two years. But that hasn’t stopped one trader from making a hugely bullish bet on the company. That’s based on the June 2022 $950 calls. That strike price is about 85 percent higher than where shares currently trade. The buyer paid about $8.10 for the contract, which expires in more than 450 days. Over 6,000 contracts traded, a 39-fold jump from the open interest of 154. Netflix has seen ...
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Netflix (NFLX) has had a big increase in competition in the past two years. But that hasn’t stopped one trader from making a hugely bullish bet on the company. That’s based on the June 2022 $950 calls. That strike price is about 85 percent higher than where shares currently trade. The buyer paid about $8.10 for the contract, which expires in more than 450 days. Over 6,000 contracts traded, a 39-fold jump from the open interest of 154. Netflix has seen ...
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