Insider Activity Report: Nasdaq (NDAQ)

Steven Black, a director at Nasdaq (NDAQ), recently picked up 4,000 shares. The buy increased his holdings by 3 percent, and came to a total cost of $205,840. This is the first insider buy at the company in over two years. Rather, company insiders have been regular and steady sellers of shares in low-six-digit amounts over the past two years, particularly at the executive vice president level. Overall, insiders own 18.9 percent of the financial exchange firm. Shares have traded flat over ...
Read More
|

Unusual Options Activity: Altice USA (ATUS)

Telecom provider Altice USA (ATUS) is down 70 percent over the past year, amid a substantial drop in the company’s earnings. One trader sees a rebound in the second half of the year. That’s based on the January 2024 $3 calls. With 210 days until expiration, 10,061 contracts traded compared to a prior open interest of 176, for a 57-fold rise in volume on the trade. The buyer of the calls paid $0.38 to make the bullish bet. Altice shares recently traded ...
Read More
|

Keep Investing with the Strategy that Moves Stock Prices Higher

There are many ways for a company to deliver value to shareholders. Once a company reaches a certain size, growth becomes more difficult without coming up with new and potentially expensive initiatives. That’s why many large companies start paying a dividend. Companies have another trick up their sleeve too. That trick is the share buyback program. As long as a company isn’t using debt to retire shares, it can have a great long-term impact on prices. Payment processing company PayPal Holdings (PYPL) ...
Read More
|

Insider Activity Report: Avista Corp (AVA)

Scott Kinney, a vice president at Avista Corp (AVA), recently bought 1,250 shares. The buy increased his holdings by 21 percent, and came to a total cost just under $50,400. This marks the first insider buy since September 2021, when a director made a small purchase of shares. Otherwise, company insiders have generally been sellers of shares on a steady basis over the past two years. Overall, insiders own 0.8 percent of the regulated utility company. Shares have gained just 2 percent ...
Read More
|

Unusual Options Activity: Marathon Digital Holdings (MARA)

Cryptocurrency miner Marathon Digital Holdings (MARA) has performed well in the past year, with a 38 percent move higher. One trader sees a continued move higher in the coming months. That’s based on the December $12 calls. With 175 days until expiration, 7,471 contracts traded compared to a prior open interest of 138, for a 54-fold rise in volume on the trade. The buyer of the calls paid $4.00 to make the bullish bet. Shares recently traded for $11.75, making this an ...
Read More
|

Look for Pullback Plays in AI Stocks

It’s likely that the AI trend has staying power. But many AI stocks have gone nearly vertical in recent weeks. That suggests the space is ripe for a pullback that could bring down valuations quickly, and set up a further run later in the year. Such a move already occurred after a short rally in AI stocks to start the year. Now, investors have more companies working on AI initiatives to invest in, which creates a better watch list of opportunities. One ...
Read More
|

Insider Activity Report: NextEra Energy (NEE)

John Ketchum, President and CEO at NextEra Energy (NEE), recently bought 13,600 shares. The buy increased his stake by 8 percent, and came to a total cost just over $1 million. This marks the first insider activity since March, when a company director bought 10,000 shares, paying about $700,000 to do so. And another major holder bought 13,200 shares in February, for a total cost just over $995,500. There has been one small insider sale in recent months. Overall, insiders own ...
Read More
|

Unusual Options Activity: EQT Corporation (EQT)

Oil and gas exploration and development firm EQT Corporation (EQT) is up about 5 percent over the past year, underperforming the overall market. One trader sees shares trending down going into the fall. That’s based on the September $37 puts. With 86 days until expiration, 7,007 contracts traded compared to a prior open interest of 122, for a 57-fold rise in volume on the trade. The buyer of the puts paid $1.89 to make the bearish bet. Shares recently went for about ...
Read More
|