Insider Trading Report: Lions Gate Entertainment (LGF.B)
Harry Sloan, a director at
Lions Gate Entertainment (LGF.B), recently added 50,000 shares to his holdings. The buy came to a cost of $649,000 exactly. This marks the first insider transaction of the year. Another director was a steady buyer throughout 2021 and 2020, and the last insider sale occurred back in early 2019, so company insiders have generally been buyers of shares at the company. Overall, insiders own just under 2.8 percent of shares. Shares of the entertainment production company are just ...
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Lions Gate Entertainment (LGF.B), recently added 50,000 shares to his holdings. The buy came to a cost of $649,000 exactly. This marks the first insider transaction of the year. Another director was a steady buyer throughout 2021 and 2020, and the last insider sale occurred back in early 2019, so company insiders have generally been buyers of shares at the company. Overall, insiders own just under 2.8 percent of shares. Shares of the entertainment production company are just ...
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Unusual Options Activity: Coinbase (COIN)
Shares of cryptocurrency brokerage
Coinbase (COIN) have been trading much like the overall crypto space ever since shares started trading last year. One trader sees the potential for a jump higher in the coming weeks. That’s based on the March 4 $205 calls. With 11 days until expiration, 2,514 contracts traded against a prior open interest of 109, for a 23-fold rise in volume. The buyer of the calls paid $9.20 to make the trade. Shares are in the low $190 range, ...
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Coinbase (COIN) have been trading much like the overall crypto space ever since shares started trading last year. One trader sees the potential for a jump higher in the coming weeks. That’s based on the March 4 $205 calls. With 11 days until expiration, 2,514 contracts traded against a prior open interest of 109, for a 23-fold rise in volume. The buyer of the calls paid $9.20 to make the trade. Shares are in the low $190 range, ...
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Markets Still Love Companies Rewarding Shareholders
There are many ways that companies can reward shareholders. Most maturing companies will pay out a part of their earnings in the form of dividends. Those dividends can be spent, kept as cash, or reinvested.
While less mentioned but possibly more popular, many companies have implemented share buyback plans. This reduces the total shares outstanding, which rewards remaining shareholders. It also helps a company report higher earnings per share, even if their overall earnings don’t improve.
One company showing growing earnings ...
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Insider Trading Report: Boeing (BA)
Lawrence Kellner, a director at
Boeing (BA), recently added 5,000 shares. The buy increased his holdings by 200 percent, and came to a total price of just over $1.04 million. This marks the second director buy so far this month, as another director bought 480 shares at a cost of just over $100,000 at the start of the month. Over the past three years, insiders have been more likely to be sellers rather than buyers. Overall, insiders own just under 0.1 percent ...
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Boeing (BA), recently added 5,000 shares. The buy increased his holdings by 200 percent, and came to a total price of just over $1.04 million. This marks the second director buy so far this month, as another director bought 480 shares at a cost of just over $100,000 at the start of the month. Over the past three years, insiders have been more likely to be sellers rather than buyers. Overall, insiders own just under 0.1 percent ...
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Unusual Options Activity: Barrick Gold Corporation (GOLD)
Shares of gold mining giant
Barrick Gold Corporation (GOLD) have traded flat over the past year following a recent surge in shares in recent days. One trader sees the chance for a further move higher in the coming weeks. That’s based on the March 4th $22.50 calls. With 14 days until expiration, 8,223 contracts traded compared to an open interest of 226, for a 36-fold jump in volume. The buyer of the calls paid $0.53 to make the trade. Shares of the stock ...
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Barrick Gold Corporation (GOLD) have traded flat over the past year following a recent surge in shares in recent days. One trader sees the chance for a further move higher in the coming weeks. That’s based on the March 4th $22.50 calls. With 14 days until expiration, 8,223 contracts traded compared to an open interest of 226, for a 36-fold jump in volume. The buyer of the calls paid $0.53 to make the trade. Shares of the stock ...
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Post-Pandemic Travel Trends Make This Player a Continued Winner
The pandemic is largely over in the United States and around the world, as many cities, states and countries have started dropping mask and social-distancing mandates that have marked nearly two years now.
Already, travel trends have pointed to a recovery in that sector, with further room to go before getting to pre-pandemic levels. That will likely accelerate as plans for Covid passports and other restrictive measures to travel now appear unlikely. But one clear winner is already emerging.
The company?
Airbnb (ABNB) ...
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Airbnb (ABNB) ...
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Insider Trading Report: PennyMac Financial Services (PFSI)
Farhad Nanji, a director at
PennyMac Financial Services (PFSI), recently added 95,982 shares. The buy increased his stake by over 2 percent, and came to a total price of just over $5.8 million. The buy came 4 days after he made another buy of 204,018 shares, costing just under $12.5 million. Over the past three years, insider transactions have featured more insider sales, but buys have been more prominent in the past few months. Overall, insiders own 15.3 percent of company shares. Shares ...
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PennyMac Financial Services (PFSI), recently added 95,982 shares. The buy increased his stake by over 2 percent, and came to a total price of just over $5.8 million. The buy came 4 days after he made another buy of 204,018 shares, costing just under $12.5 million. Over the past three years, insider transactions have featured more insider sales, but buys have been more prominent in the past few months. Overall, insiders own 15.3 percent of company shares. Shares ...
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Unusual Options Activity: CommScope Holding Company (COMM)
Shares of communications infrastructure firm
CommScope Holding Company (COMM) have shed more than half their value in the past year. However, one trader sees shares as potentially rebounding strongly from here. That’s based on the May $11 calls. With 91 days until expiration, 7,738 contracts traded compared to a prior open interest of 103, for a 75-fold rise in volume. The buyer of the call options paid $0.75 to make the trade. With shares currently around $9.50, the stock would need to ...
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CommScope Holding Company (COMM) have shed more than half their value in the past year. However, one trader sees shares as potentially rebounding strongly from here. That’s based on the May $11 calls. With 91 days until expiration, 7,738 contracts traded compared to a prior open interest of 103, for a 75-fold rise in volume. The buyer of the call options paid $0.75 to make the trade. With shares currently around $9.50, the stock would need to ...
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