Insider Trading Report: US Bancorp (USB)
Alan Colberg, a director at
US Bancorp (USB), recently bought 10,000 shares. The buy increased his position by over 1,000 percent, and came to a total cost of $341,380. This marks the first insider buy at the regional bank in over two years. Otherwise, company executives, including the company CEO and CFO, have been regular and steady sellers of shares, largely after stock options have vested. Overall, insiders own 0.2 percent of shares. The regional bank has lost about one-third of its value ...
Read More About This
US Bancorp (USB), recently bought 10,000 shares. The buy increased his position by over 1,000 percent, and came to a total cost of $341,380. This marks the first insider buy at the regional bank in over two years. Otherwise, company executives, including the company CEO and CFO, have been regular and steady sellers of shares, largely after stock options have vested. Overall, insiders own 0.2 percent of shares. The regional bank has lost about one-third of its value ...
Read More About This
Unusual Options Activity: Carnival Cruise Lines (CCL)
Cruise line operator
Carnival Cruise Lines (CCL) has been rangebound for several months after a big drop nearly a year ago. One trader sees shares trending lower in the coming weeks. That’s based on the May $8.50 puts. With 22 days until expiration, 5,310 contracts traded compared to a prior open interest of 100, for a 53-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently traded for about $9, so they ...
Read More About This
Carnival Cruise Lines (CCL) has been rangebound for several months after a big drop nearly a year ago. One trader sees shares trending lower in the coming weeks. That’s based on the May $8.50 puts. With 22 days until expiration, 5,310 contracts traded compared to a prior open interest of 100, for a 53-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently traded for about $9, so they ...
Read More About This
Inflation and a Slowing Economy Make This Defensive Stock a Winner
A great company can overcome any economic challenge. To be a great company, it’s necessary to have pricing power. That means avoiding having to cut prices during a slow period. And it means when inflation is running hot, prices can be raised over and above.
Such companies are few and far between. But harnessing the power of a brand during a slow or sideways market can help lead to great returns over time, both from capital gains, and from growing dividend ...
Read More About This
Read More About This
Insider Trading Report: Riley Exploration Permian (REPX)
Gerald Libin, a major holder of
Riley Exploration Permian (REPX), recently added 3,000 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $131,370. This marks the first insider buy since last October, when Libin was also a buyer of just over $273,000 in shares. Over the past few months, several company insiders have sold, including the company President and the company CEO. Overall, insiders own 40.2 percent of shares. The oil and gas exploration ...
Read More About This
Riley Exploration Permian (REPX), recently added 3,000 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $131,370. This marks the first insider buy since last October, when Libin was also a buyer of just over $273,000 in shares. Over the past few months, several company insiders have sold, including the company President and the company CEO. Overall, insiders own 40.2 percent of shares. The oil and gas exploration ...
Read More About This
Unusual Options Activity: Vale (VALE)
Brazilian iron ore producer
Vale (VALE) is down 12 percent over the past year and 25 percent off its peak. One trader is betting that prices will fall further in the months ahead. That’s based on the July $14 puts. With 86 days until expiration, 6,721 contracts traded compared to a prior open interest of 211, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Shares recently traded for about $14.20, ...
Read More About This
Vale (VALE) is down 12 percent over the past year and 25 percent off its peak. One trader is betting that prices will fall further in the months ahead. That’s based on the July $14 puts. With 86 days until expiration, 6,721 contracts traded compared to a prior open interest of 211, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.88 to make the bearish bet. Shares recently traded for about $14.20, ...
Read More About This
Amid Sticky Inflation, Stick With Defensive Consumer Giants
While we’re coming up on the next Fed meeting, which could give a sign that the central bank’s interest rate hikes are finally over, we’re not out of the woods yet. Inflation has slowed over the past year, but it’s still running at 5 percent.
That’s one of its highest levels in decades, and more than twice the central bank’s inflation target. Investors should still look for companies that can handle inflation by passing on the costs to their customers via ...
Read More About This
Read More About This
Insider Trading Report: American Realty Investors (ARL)
Bradford Phillips, a director at
American Realty Investors (ARL), recently bought 2,000 shares. The buy increased his holdings by 46 percent, and came to a total cost of $40,000. This is the third time the director has bought shares in the past year, following two buys in the $35,000 range in the fall. There have been no other insider buys, or insider sales, over the past two years. Even with that lack of activity, company insiders own about 91 percent of shares. The ...
Read More About This
American Realty Investors (ARL), recently bought 2,000 shares. The buy increased his holdings by 46 percent, and came to a total cost of $40,000. This is the third time the director has bought shares in the past year, following two buys in the $35,000 range in the fall. There have been no other insider buys, or insider sales, over the past two years. Even with that lack of activity, company insiders own about 91 percent of shares. The ...
Read More About This
Unusual Options Activity: Hercules Technology Growth Capital (HTGC)
Business development company
Hercules Technology Growth Capital (HTGC) has slid nearly 30 percent over the past year. One trader sees a similar drop occurring over the next few months. That’s based on the October $10 puts. With 178 days until expiration, 7,622 contracts traded compared to a prior open interest of 170, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares last went for about $13, so the stock would ...
Read More About This
Hercules Technology Growth Capital (HTGC) has slid nearly 30 percent over the past year. One trader sees a similar drop occurring over the next few months. That’s based on the October $10 puts. With 178 days until expiration, 7,622 contracts traded compared to a prior open interest of 170, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet. Shares last went for about $13, so the stock would ...
Read More About This