Insider Trading Report: Dun & Bradstreet (DNB)
Anthony Jabbour, CEO of
Dun & Brandstreet (DNB), recently bought 38,000 shares. The buy increased his holdings by just under 0.9 percent, and the total purchase price came to just under $1 million. He was joined by the company CFO, who bought 4,000 shares. That buy increased his stake to 0.8 percent, and the total purchase came to just over $105,000. These buys amount to all insider activity at the company since it went public back in June. The financial data analytics ...
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Dun & Brandstreet (DNB), recently bought 38,000 shares. The buy increased his holdings by just under 0.9 percent, and the total purchase price came to just under $1 million. He was joined by the company CFO, who bought 4,000 shares. That buy increased his stake to 0.8 percent, and the total purchase came to just over $105,000. These buys amount to all insider activity at the company since it went public back in June. The financial data analytics ...
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Unusual Options Activity: IMAX Corporation (IMAX)
Theater chains rallied on a potential Covid vaccine, with
IMAX Corporation (IMAX) up a staggering 25 percent. But at least one trader sees a further rally ahead. The December 18th 2020 $15 call options saw over 25,260 contracts trade on Monday. That’s a 46-fold surge from the open interest of 544 contracts. Expiring in 38 days, the contracts cost the trader about $0.80 each. Monday’s surge in shares moved the price to just under $15, making this option the at-the-money trade. Even with ...
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IMAX Corporation (IMAX) up a staggering 25 percent. But at least one trader sees a further rally ahead. The December 18th 2020 $15 call options saw over 25,260 contracts trade on Monday. That’s a 46-fold surge from the open interest of 544 contracts. Expiring in 38 days, the contracts cost the trader about $0.80 each. Monday’s surge in shares moved the price to just under $15, making this option the at-the-money trade. Even with ...
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Electric Vehicles Remain a Market Winner as this New Play Gets a Massive Buy Rating
The technology space continues to march on with election uncertainty waning. In one key area, electric vehicles, the sector remains in an unstoppable uptrend. Declining costs, improved reliability and expanded options are creating a perfect storm for demand.
With most analysts focused on big names like
Tesla Motors (TSLA) or retail favorite
NIO (NIO), one newer company in the space just got its first analyst buy—and that analyst expects an easy double. The company is
Fisker (FSR). Shares rose 30 percent on Monday as Cowen ...
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Tesla Motors (TSLA) or retail favorite
NIO (NIO), one newer company in the space just got its first analyst buy—and that analyst expects an easy double. The company is
Fisker (FSR). Shares rose 30 percent on Monday as Cowen ...
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Insider Trading Report: Sprouts Farmers Market (SFM)
Kristen Blum, a director at
Sprouts Farmers Market (SFM), recently bought 2,750 shares. The buy increased her holdings by nearly 10 percent, and came to a cost of just under $51,000. She was joined by director Joe Fortunato, who bought 13,000 shares, increasing his holdings by 40 percent. That buy came to over $244,000. This is the second buy from directors in the past few months, following a buy in August as well. Insiders have been both buyers and sellers in the past ...
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Sprouts Farmers Market (SFM), recently bought 2,750 shares. The buy increased her holdings by nearly 10 percent, and came to a cost of just under $51,000. She was joined by director Joe Fortunato, who bought 13,000 shares, increasing his holdings by 40 percent. That buy came to over $244,000. This is the second buy from directors in the past few months, following a buy in August as well. Insiders have been both buyers and sellers in the past ...
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Holiday Factors Favor This Niche Industry
Most investors know that the holiday season is when retail companies post their best numbers. Indeed, the term Black Friday may have even come into existence on the notion that the day after Thanksgiving was the first day many stores posted a profit for the year.
This year is also pointing to a strong holiday trend following a year of lockdowns. With many retail stocks already on the radar, one niche area still has some room to run.
That sector? The toymakers ...
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Unusual Options Activity: Credit Suisse Group (CS)
A move higher in global banking giant
Credit Suisse Group (CS) appears likely, given the rise in the March 2021 $11 calls. On Friday, over 5,100 contracts traded hands against a prior open interest of 153, for a 33-fold rise in volume. The bet expires in 130 days. With shares at $10.65, the company needs to move about 4 percent higher for the option trade to move in-the-money. The trader paid about $0.75 for the option. Shares of the bank have jumped in ...
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Credit Suisse Group (CS) appears likely, given the rise in the March 2021 $11 calls. On Friday, over 5,100 contracts traded hands against a prior open interest of 153, for a 33-fold rise in volume. The bet expires in 130 days. With shares at $10.65, the company needs to move about 4 percent higher for the option trade to move in-the-money. The trader paid about $0.75 for the option. Shares of the bank have jumped in ...
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Treasury Yields Slide, Providing a Boost to this Sector
Election uncertainty allowed Treasury yields to rise in October. Rising yields mean a higher cost of capital for borrowers across the private sector as well. That put a pinch onto the prices of car loans, and mortgages.
With the major election uncertainty—big radical changes—off the table, Treasury yields are coming back down. And that’s likely to be a boon to real estate, particularly housing.
Homebuilder stocks have already seen a disproportionately large rally in the past few days. That trend is ...
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Insider Trading Report: Molson Coors Beverage Company (TAP)
James Winnefeld, a director at
Molson Coors Beverage Company (TAP), recently picked up 1,000 shares. The buy increased his holdings at the firm by 18 percent, and came to a cost just under $37,000. This is the second insider buy at the company, following a 3,000 share buy from another director last month. Insiders have been sellers before then, with the last insider sale in March 2020. The most recent insider sales have all been at prices as much as 25-40 percent ...
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Molson Coors Beverage Company (TAP), recently picked up 1,000 shares. The buy increased his holdings at the firm by 18 percent, and came to a cost just under $37,000. This is the second insider buy at the company, following a 3,000 share buy from another director last month. Insiders have been sellers before then, with the last insider sale in March 2020. The most recent insider sales have all been at prices as much as 25-40 percent ...
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