Insider Trading Report: Paramount Group (PGRE)
Albert Behler, President and CEO at
Paramount Group (PGRE), recently added 50,000 shares. The buy increased his stake by 38 percent, an came to a total cost just under $288,000. He was joined by a director who bought 20,000 shares on the same day, paying just over $114,000. These two buys constitute the only insider trades since late 2020. The last insider sale at the company occurred back in 2019. Overall, insiders at the office REIT own about 15.5 percent of the ...
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Paramount Group (PGRE), recently added 50,000 shares. The buy increased his stake by 38 percent, an came to a total cost just under $288,000. He was joined by a director who bought 20,000 shares on the same day, paying just over $114,000. These two buys constitute the only insider trades since late 2020. The last insider sale at the company occurred back in 2019. Overall, insiders at the office REIT own about 15.5 percent of the ...
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Unusual Options Activity: Microsoft (MSFT)
Shares of tech giant
Microsoft (MSFT) have underperformed the market this year, with a 27 percent drop. One trader sees a rebound in the next month. That’s based on the January $265 calls. With 31 days until expiration, 4,094 contracts traded compared to a prior open interest of 191, for a 21-fold rise in volume on the trade. The buyer of the calls paid $2.93 to get in. Shares recently went for about $246, so they would need to rise about $19, ...
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Microsoft (MSFT) have underperformed the market this year, with a 27 percent drop. One trader sees a rebound in the next month. That’s based on the January $265 calls. With 31 days until expiration, 4,094 contracts traded compared to a prior open interest of 191, for a 21-fold rise in volume on the trade. The buyer of the calls paid $2.93 to get in. Shares recently went for about $246, so they would need to rise about $19, ...
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This Takeover Target May Continue to Thrive on Its Own
The stock market’s love of mergers and acquisitions has slowed in the past year, amid rising interest rates and declining stock prices. But there have been a few deals announced. Mergers can make companies bigger overall by providing an immediate and established source of revenue.
Some deals will end up garnering regulatory scrutiny. Regulators want to ensure that a company doesn’t come to dominate the market it’s in via acquisitions.
The FTC has come out against
Microsoft’s (MSFT) proposed acquisition of gaming ...
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Microsoft’s (MSFT) proposed acquisition of gaming ...
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Insider Trading Report: New York Community Bank (NYCB)
Marshall Lux, a director at
New York Community Bank (NYCB), recently added 6,000 shares. The buy increased his holdings by 42 percent, and came to a total cost just under $52,000. The director was also the most recent buyer with the purchase of 6,000 shares in September. Other company directors have been buyers over the past three years. There have been no insider sales at the bank going back over the last five years. Overall, company insiders own about 1.1 percent of ...
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New York Community Bank (NYCB), recently added 6,000 shares. The buy increased his holdings by 42 percent, and came to a total cost just under $52,000. The director was also the most recent buyer with the purchase of 6,000 shares in September. Other company directors have been buyers over the past three years. There have been no insider sales at the bank going back over the last five years. Overall, company insiders own about 1.1 percent of ...
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Unusual Options Activity: Roblox (RBLX)
Shares of 3D world-building company
Roblox (RBLX) are down about 75 percent in the past year. One trader sees a further decline in the coming weeks. That’s based on the January 13th $30 puts. With 32 days until expiration, 5,037 contracts traded compared to a prior interest of 238, for a 21-fold rise in volume on the trade. The buyer of the puts paid $2.19 to make the downside bet. Shares recently traded for about $32, so the stock would need to drop ...
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Roblox (RBLX) are down about 75 percent in the past year. One trader sees a further decline in the coming weeks. That’s based on the January 13th $30 puts. With 32 days until expiration, 5,037 contracts traded compared to a prior interest of 238, for a 21-fold rise in volume on the trade. The buyer of the puts paid $2.19 to make the downside bet. Shares recently traded for about $32, so the stock would need to drop ...
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Companies Putting Cash to Work in Undervalued Shares Can Deliver Big Returns
A company generating cash flow has a number of ways to put that money to work. They can expand the business, whether through internal growth or acquisitions. When a company gets large enough, it may also make sense to reward shareholders with cash dividends.
But a company can also buy back its shares. That also rewards existing shareholders, as it reduces shares outstanding and increases earnings per share without growing the underlying business.
In today’s market, beaten down stocks embracing bigger buybacks ...
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Insider Trading Report: Essex Property Trust (ESS)
Amal Johnson, a director at
Essex Property Trust (ESS), recently added 1,000 shares. The buy increased his holdings by 67 percent, and came to a total cost of just over $218,000. This marks the first insider buy at the company in at least four years. Otherwise, company insiders have largely been sellers of shares following the exercise of stock options. That includes both directors and company executives. Overall, insiders own 1.2 percent of the company. Shares of the residential REIT have dropped about ...
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Essex Property Trust (ESS), recently added 1,000 shares. The buy increased his holdings by 67 percent, and came to a total cost of just over $218,000. This marks the first insider buy at the company in at least four years. Otherwise, company insiders have largely been sellers of shares following the exercise of stock options. That includes both directors and company executives. Overall, insiders own 1.2 percent of the company. Shares of the residential REIT have dropped about ...
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Unusual Options Activity: Bank of America (BAC)
Shares of money center
Bank of America (BAC) are down about 25 percent in the past year, underperforming the S&P 500 by about 9 points. One trader sees a rebound in the first half of 2023. That’s based on the June $49 calls. With 188 days until expiration, 3,021 contracts traded compared to a prior open interest of 147, for a 21-fold rise in volume on the trade. The buyer of the calls paid $0.11 to make the bullish bet. The stock recently ...
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Bank of America (BAC) are down about 25 percent in the past year, underperforming the S&P 500 by about 9 points. One trader sees a rebound in the first half of 2023. That’s based on the June $49 calls. With 188 days until expiration, 3,021 contracts traded compared to a prior open interest of 147, for a 21-fold rise in volume on the trade. The buyer of the calls paid $0.11 to make the bullish bet. The stock recently ...
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