17696

Insider Activity Report: Adobe (ADBE)

Daniel Durn, CFO of Adobe (ADBE), recently bought 1,300 shares. The buy increased his stake by 13%, and came to a total cost of $204,750. This is the second insider buy at Adobe this year, following a director pickup of 2,250 shares for just under $999,000 back in January. Going further back insiders, including Durn, were more likely to be sellers, although Adobe stock traded significantly higher at the time of those sales. Overall, Adobe insiders own 0.2% of shares. Adobe shares ...
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17697

Unusual Options Activity: GameStop (GME)

Retail game outlet GameStop (GME) has been on a wild ride recently, with shares soaring following a massive earning beat, before a selloff amid a plan to acquire bitcoin. One trader sees further weakness ahead. That’s based on the May $20 puts. With 46 days until expiration, 15,602 contracts traded compared to a prior open interest of 406, for a 38-fold rise in volume on the trade. The buyer of the puts paid $1.80 to make the bearish bet. GameStop shares traded ...
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17690

The Long-Term Investment Strategy For Growing Income

Investors have plenty of ways to play the market. Most of the time, growth stocks deliver big returns. Many growth names provided most of the market’s return over the past two years. Several individual growth stocks have had moves of 300-500% in the past year. However, with sentiment shifting, it may be time to take a more defensive approach to the market. One way to do that is by finding stocks that focus less on growth and more on their dividends. Specifically, ...
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17691

Insider Activity Report: Prospect Capital (PSEC)

John Barry, CEO and major shareholder of Prospect Capital (PSEC), has been a repeat buyer of shares in recent weeks. He’s bought over 3 million shares in a series of transactions this month, paying over $12 million. Two company directors have also been accumulating shares in recent weeks. Going further back, company insiders have had a few dozen insider buys, including multiple buys from the company COO and CFO. There have been no insider sales over the past two years. Overall, Read More About This
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17693

Unusual Options Activity: First Solar (FSLR)

Solar panel manufacturer First Solar (FSLR) is down 18% over the past year, and shares just broke to a new 52-week low. One trader sees further weakness into 2027. That’s based on the January 2027 $120 puts. With 658 days until expiration, 7,626 contracts traded compared to a prior open interest of 100, for a 76-fold rise in volume on the trade. The buyer of the puts paid $26.70 to make the bearish bet. First Solar recently traded for about $126.50, so ...
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17684

A Slow and Steady Brand Leader for Uncertain Times

Markets have pushed higher in recent sessions, but are off their highs for the year. Markets may yet re-test their recent lows and trend lower, or look to eventually move back up to all-time highs. No matter the short-term direction, buying great companies during a market pullback can often prove a solid winner over time. Focusing on industry leaders and getting a reasonable price for a great company ensures that short-term market opportunities are converted into long-term winners. For instance, seasoning and ...
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17686

Insider Activity Report: Prudential Financial (PRU)

Carmine Di Sibio, a director at Prudential Financial (PRU), recently bought 200 shares. The buy is a new position for the director, and came to a total cost of $22,208. This marks the first insider buy since last June, when a company EVP bought 365 shares, paying $42,364, to increase her stake by 2%. Overall, company insiders have been regular sellers over the past two years, with a handful of those sales coming following the exercise of stock options. Overall, Prudential ...
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17687

Unusual Options Activity: Walmart (WMT)

Retailer Walmart (WMT) has slid 13% in the past month, as consumer spending has shown signs of slowing and amid fears of rising prices of goods via tariffs. One trader sees further weakness ahead. That’s based on the May $77.50 puts. With 50 days until expiration, 6,629 contracts traded compared to a prior open interest of 132, for a 50-fold rise in volume on the trade. The buyer of the puts paid $1.02 to make the bullish bet. Walmart shares recently traded ...
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