Insider Activity Report: NXP Semiconductors (NXPI)
Julie Southern, a board chair at NXP Semiconductors (NXPI), recently bought 146 shares. The buy increased her stake by 1%, and came to a total cost of $27,600.
Southern was the last insider to buy shares in August 2023, when she bought 203 shares for $44,268. There have been a dozen insider sales over the past year, including some sales from the company President and CEO totaling nearly $10 million.
Overall, NXP insiders own 0.1% of shares.
The semiconductor producer is up ...
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Unusual Options Activity: Procter & Gamble (PG)
Consumer goods company Procter & Gamble (PG) is up 7% over the past year, underperforming the market amid fears of a consumer spending slowdown. One trader is betting on a rally higher in the weeks ahead.
That’s based on the August 30 $175 calls. With 24 days until expiration, 15,722 contracts traded compared to a prior open interest of 143, for a 49-fold rise in volume on the trade. The buyer of the calls paid $0.91 to make the bullish bet
Procter ...
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The Market Pullback Is Creating a Buying Opportunity for Great Companies
When stocks pull back, the first instinct is to be cautious, if not fearful. With markets down significantly from their July highs and even down over the past month, fear is creeping up.
However, the market volatility index sits near 20. That’s a level that typically separates a minor and necessary pullback from a bigger crisis. Seasonally, it’s not yet time for a bigger market decline.
That means investors have a chance to buy into this pullback. And they should target great ...
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Insider Activity Report: Norfolk Southern Corp (NSC)
Richard Anderson, a director at Norfolk Southern Corp (NSC), recently bought 2,000 shares. The buy increased his stake by 200%, and came to a total cost of $494,960.
Insiders were previously buyers in June, when a company director bought 2,000 shares for $438,500. And a cluster of company directors bought in May, with the largest buy coming to just under $1.25 million. Year-to-date, there have been only two insider sales, one of which occurred following the exercise of stock options.
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Unusual Options Activity: Transocean (RIG)
Offshore oil and gas services company Transocean (RIG) is down over 30% in the past year. One trader is betting shares will stabilize and potentially even head higher through the end of 2026.
That’s based on the December 2026 $3.00 calls. With 865 days until expiration, 10,699 contracts traded compared to a prior open interest of 128, for an 84-fold rise in volume on the trade. The buyer of the calls paid $3.15 to make the bullish bet.
Transocean shares trade for ...
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Don’t Overlook Great Companies as Earnings Season Continues
This latest earnings season has given investors more insight into the roll out of AI technologies. Some companies are able to show big revenues and profits from rolling out AI. Others are starting to show signs of stalling out, slowing down, or simply not growing as fast as expected.
Either way, that’s creating an opportunity for investors to separate great companies from the mediocre ones. And to determine which companies are best likely to rally in the challenging months ahead.
One big ...
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Insider Activity Report: Lamb Westin Holdings (LW)
William Jurgensen, a director at Lamb Westin Holdings (LW), recently bought 10,000 shares. The buy increased his position by 6%, and came to a total cost of $554,291. He was joined by another director who bought 5,000 shares, at a cost of $277,476.
These are the first insider transactions of 2024. The last insider activity was last October, with a buy for 3,000 shares. Going further back in 2023 and 2022, insiders were more likely to be sellers.
Overall, Lamb Westin ...
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Unusual Options Activity: Public Service Enterprise Group (PEG)
Electric and gas utility company Public Service Enterprise Group (PEG) is up 23% over the past year. One trader is betting the utility will trend even higher in the second half of the year.
That’s based on the December 20 $82.50 calls. With 140 days until expiration, 7,000 contracts traded compared to a prior open interest of 113, for a 62-fold rise in volume on the trade. The buyer of the calls paid $3.40 to make the bullish bet.
PEG shares recently ...
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