Insider Activity Report: Heartland Express (HTLD)

Michael Gerdin, CEO at Heartland Express (HTLD), recently bought 5,841 shares. The buy increased his position by less than 1 percent, and came to a total cost of $89,367. Gerdin was also an active buyer back in May, and six other buys in the past 12 months. This marks the first insider activity since May, when a major owner bought 1,792 shares. There have been no insider sales at the company over the past year. Overall, company insiders own 44 percent ...
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Unusual Options Activity: Vornado Realty Trust (VNO)

Office and retail-oriented real estate investment trust Vornado Realty Trust (VNO) has lost about one quarter of its value over the past year. One trader sees shares trending even lower in the coming months. That’s based on the October $15 puts. With 65 days until expiration, 4,003 contracts traded compared to a prior open interest of 145, for a 28-fold rise in volume on the trade. The buyer of the puts paid $0.25 to make the bearish bet. Shares recently went for ...
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Invest in the Sector Capable of Best Beating Inflation

The market may not like the fact that inflation’s decline this year has started to stall out. While inflation does look likely to start showing signs of staying in the 3-4 percent range, some investments fare better than others in an inflationary environment. The best investment for this scenario is for a company that offers a service and can raise prices far higher than inflation. It’s also best if they don’t have anything to physically manufacture and produce. The winner here is ...
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Insider Activity Report: Marriott Vacations Worldwide (VAC)

John Geller, President and CEO at Marriott Vacations Worldwide (VAC) recently bought 5,000 shares. The buy increased his holdings by 5 percent, and came to a total cost of $564,200. He was joined by the company CFO, who bought 1,800 shares at a cost just under $205,000, and who increased his stake by 16 percent. These mark the only insider buys over the past two years. Company insiders have been periodic sellers of shares otherwise. Overall, company insiders own about 7.9 ...
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Unusual Options Activity: Nordic American Tankers Limited (NAT)

Marine shipping company Nordic American Tankers Limited (NAT) is up over 65 percent in the past year. One trader sees the potential for a pullback in the weeks ahead. That’s based on the September 15 $4.50 puts. With 31 days until expiration, 9,620 contracts traded compared to a prior open interest of 224, for a 43-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares recently traded just over $4, making this ...
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This Industry Leader Is Finally Coming Off Overbought Conditions

While stocks can trend higher or lower for long periods of time, they will occasionally take a breather. That can provide a buying opportunity for investors, particularly for great companies pulling back. Over the long haul, buying a great company on a drop can lead to better returns than buying high and hoping to sell higher. Traders who wait for companies to come off of overbought conditions get the reward of market outperformance for their patience. Chipmaker Nvidia (NVDA) has been a ...
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Insider Activity Report: Blackstone (BX)

Ruth Porat, a director at Blackstone (BX), recently bought 298 shares. The buy increased her holdings by 1 percent, and came to a total cost of $30,817. This marks the first insider buy in three months, following a similarly-sized buy from the director. She has made similar buys going into the last year as well. Two company insiders sold shares in the past month, including Blackstone’s chief accounting officer. Overall, insiders at the money manager own about 0.5 percent of shares. Blackstone ...
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Unusual Options Activity: Citigroup (C)

Major Wall Street bank Citigroup (C) has lost nearly 20 percent over the past year. One trader sees the bank bucking its downtrend and moving higher in the months ahead. That’s based on the December $44 calls. With 122 days until expiration, 5,731 contracts traded compared to a prior open interest of 229, for a 25-fold rise in volume on the trade. The buyer of the calls paid $3.10 to make the bullish bet. Shares recently went for just over $44, making ...
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