Insider Trading Report: Match Group (MTCH)

Bernard Kim, CEO at Match Group (MTCH), recently bought 31,439 shares. The buy increased his stake by 184 percent, and came to a total cost just over $1.08 million. The last insider buy also came from the CEO last August, with a 16,000 share pickup. Otherwise, one company executive sold following the exercise of stock options, and a company director sold a small position back in March. Overall, insiders own about 0.7 percent of shares. The dating product company has seen shares ...
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Unusual Options Activity: Micron Technology (MU)

Semiconductor company Micron Technology (MU) has seen shares rally 40 percent from their December lows, and are on track to erase the last 10 percent drop they’ve seen over the past year. One trader is betting on such a continued move higher. That’s based on the August $72.50 calls. With 74 days until expiration, 8,564 contracts traded compared to a prior open interest of 184, for a 47-fold rise in volume on the trade. The buyer of the calls paid $3.95. Shares ...
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Energy Gets Back into Buying Range Now

Investors looking to consistently outperform the market should follow market rotation. That simply means avoiding sectors that have recently performed well, instead opting to buy sectors that have been out of favor. For the month of May, tech stocks dominated. Software-related tech plays saw a nearly 10 percent rise. On the other end of the spectrum, the energy sector was the loser, with about a 10 percent decline. Since energy prices tend to fluctuate over time, investors interested in the space should ...
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Insider Trading Report: Warner Brothers Discovery (WBD)

Gunnar Wiedenfels, CFO at Warner Brothers Discovery (WBD), recently added 15,000 shares. The buy increased his holdings by 2 percent, and came to a total cost just over $168,300. This is the first insider activity since last August, when the company’s international division president bought 20,000 shares at a price about 25 percent higher than where the stock trades today. The last insider sale occurred in November 2021. Overall, company insiders own 9.2 percent of shares. The media conglomerate is down 36 ...
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Unusual Options Activity: Vale (VALE)

Brazilian iron ore producer Vale (VALE) is down about 30 percent over the past year, and shares are near their 52-week lows. One trader is betting on a rebound in the coming weeks. That’s based on the July $13 calls. With 49 days until expiration, 24,955 contracts traded compared to a prior open interest of 414, for a 60-fold rise in volume on the trade. The buyer of the calls paid $0.67 to make the bullish bet. With a current price near ...
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Look for a Buying Opportunity as Markets Rotate Leadership

While the stock market tends to rise over time, within that cycle there can be different moves. Recently, tech stocks have been the big winners. That’s left other sectors underperforming. However, that will likely change in time. And when that happens, companies in overlooked or disliked sectors can become the big winners moving forward. A number of sectors look oversold and potentially ready to move higher in the weeks and months ahead. One area is casino stocks. While they’ve largely rallied so ...
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Insider Trading Report: Cincinnati Financial Corp (CINF)

Dirk Debbink, a director at Cincinnati Financial Corp (CINF), recently bought 1,000 shares. The buy increased his stake by 2 percent, and came to a total price of $98,390. This is the first insider buy at the company since last December, when the director bought 1,000 shares. Since then, another director has sold a small amount of their holdings. Over the past 3 years, there have only been two insider sales compared to ten buys. In total, insiders at the property ...
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Unusual Options Activity: Target (TGT)

Big box retailer Target (TGT) has seen shares sink to new 52-week lows over the past week. While shares look oversold in the short-term, one trader is betting on a further move lower. That’s based on the September $110 puts. With 106 days until expiration, 10,144 contracts traded compared to a prior open interest of 428, for a 24-fold rise in volume on the trade. The buyer of the puts paid $2.50 to make the bearish bet. Shares recently traded for ...
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