Insider Trading Report: Genuine Parts Company (GPC)
John Holder, a director at
Genuine Parts Company (GPC), recently picked up 1,000 shares. The buy increased his holdings by nearly 8 percent, and came to a cost of $97,000. Holder also made the second most recent insider transaction with a buy back in October. Another director also picked up shares back in March. Looking to prior years, there have been a number of both insider buys and sells. Overall, insiders own just under 3 percent of shares. Shares of the automobile part ...
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Genuine Parts Company (GPC), recently picked up 1,000 shares. The buy increased his holdings by nearly 8 percent, and came to a cost of $97,000. Holder also made the second most recent insider transaction with a buy back in October. Another director also picked up shares back in March. Looking to prior years, there have been a number of both insider buys and sells. Overall, insiders own just under 3 percent of shares. Shares of the automobile part ...
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This Underperforming Giant May be a Top Performer of 2021
Many investment ideas run on the idea of a reversion to the mean. That’s just a fancy way of saying that stocks that have performed well will eventually underperform the overall market. And companies that have performed poorly will start to fare better.
With the turning of the calendar year, a strategy of buying underperformers is appealing, depending on the name. One such name?
Berkshire Hathaway (BRK-B), which has lagged the market by 44 points since early 2019. The case for outperformance is ...
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Berkshire Hathaway (BRK-B), which has lagged the market by 44 points since early 2019. The case for outperformance is ...
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Unusual Options Activity: GameStop (GME)
After a massive move higher, at least one trader is betting that video game retailer
GameStop (GME) is likely to drop. That’s based on the February 2021 $21 puts. Over 8,000 contracts traded against a prior open interest of 337, making for a 23-fold rise in volume. The option expires in 52 days. The buyer paid about $4.60 for the contracts. Shares of the stock last traded at $21, making this an at-the-money trade. Shares of the company have risen 228 percent ...
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GameStop (GME) is likely to drop. That’s based on the February 2021 $21 puts. Over 8,000 contracts traded against a prior open interest of 337, making for a 23-fold rise in volume. The option expires in 52 days. The buyer paid about $4.60 for the contracts. Shares of the stock last traded at $21, making this an at-the-money trade. Shares of the company have risen 228 percent ...
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Insider Trading Report: United Insurance Holdings Corp (UIHC)
Michael Hogan, a director at
United Insurance Holdings Corp (UIHC), recently picked up 24,009 shares, which increased his stake by nearly 20 percent. The trade cost just over $123,000. That’s the second buy from that director in the past month, following a buy at the end of November. He’s also been joined by three other directors and the company’s Chief Claims officer in that timeframe. Overall, insiders own just over 53 percent of the company. The property and casualty insurance firm, which ...
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United Insurance Holdings Corp (UIHC), recently picked up 24,009 shares, which increased his stake by nearly 20 percent. The trade cost just over $123,000. That’s the second buy from that director in the past month, following a buy at the end of November. He’s also been joined by three other directors and the company’s Chief Claims officer in that timeframe. Overall, insiders own just over 53 percent of the company. The property and casualty insurance firm, which ...
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A Headline Lawsuit Reveals a Buying Opportunity in this Top Wealth-Creating Company
Shares of
Walmart (WMT) have been trending down for a few weeks. To add insult to injury, the U.S. department of justice sued the company right before the holidays. Why? Because the firm’s pharmacies may have been underfunded, which in turn may have helped fuel the opioid crisis. While that headline sounds dire, it’s anything but. Walmart sued the DOJ earlier in the year, seeking clarification on the role of pharmacies, their employees, and their role under the law. In short, while ...
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Walmart (WMT) have been trending down for a few weeks. To add insult to injury, the U.S. department of justice sued the company right before the holidays. Why? Because the firm’s pharmacies may have been underfunded, which in turn may have helped fuel the opioid crisis. While that headline sounds dire, it’s anything but. Walmart sued the DOJ earlier in the year, seeking clarification on the role of pharmacies, their employees, and their role under the law. In short, while ...
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Insider Trading Report: Jack Henry & Associates (JKHY)
Thomas Wimsett, a director at
Jack Henry & Associates (JKHY) recently bought 8,900 shares. The buy increased his stake by 37 percent, and came to a total cost just under $1.4 million. This marks the second insider buy of 2020, following a buy from a director back in March. Insiders have generally been sellers of shares, including both executives and directors. As the company is in the technology and IT space, a large number of insider sales isn’t unusual. Shares of the ...
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Jack Henry & Associates (JKHY) recently bought 8,900 shares. The buy increased his stake by 37 percent, and came to a total cost just under $1.4 million. This marks the second insider buy of 2020, following a buy from a director back in March. Insiders have generally been sellers of shares, including both executives and directors. As the company is in the technology and IT space, a large number of insider sales isn’t unusual. Shares of the ...
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Unusual Options Activity: eBay Inc. (EBAY)
Shares of internet auction house
eBay (EBAY) have more than doubled off their low set in March. While the move hasn’t been as big as a tech company, at least one trader sees a further move higher. That’s based on the March 2021 $50 calls. The calls trade about $1.50 in-the-money. Expiring in 81 days, over 11,100 contracts traded against a prior open interest of 184, for a 60-fold move higher in volume. The trader paid about $4.40 for the option, so shares ...
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eBay (EBAY) have more than doubled off their low set in March. While the move hasn’t been as big as a tech company, at least one trader sees a further move higher. That’s based on the March 2021 $50 calls. The calls trade about $1.50 in-the-money. Expiring in 81 days, over 11,100 contracts traded against a prior open interest of 184, for a 60-fold move higher in volume. The trader paid about $4.40 for the option, so shares ...
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Insider Trading Report: Gatos Silver (GATO)
Karl Hanneman, a director at
Gatos Silver (GATO), recently bought 10,000 shares. That increased his holdings by nearly 265 percent, and came to a total price of $97,000. This marks the first insider buy since October, when two other directors, the CFO, and the Chief Administrative Officer bought shares. The silver ore mining company just went public in October, and shares are already up nearly 50 percent from the IPO price. Like most mining operations, the share price will likely move based ...
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Gatos Silver (GATO), recently bought 10,000 shares. That increased his holdings by nearly 265 percent, and came to a total price of $97,000. This marks the first insider buy since October, when two other directors, the CFO, and the Chief Administrative Officer bought shares. The silver ore mining company just went public in October, and shares are already up nearly 50 percent from the IPO price. Like most mining operations, the share price will likely move based ...
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