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Insider Activity: Archer-Daniels Midland Co (ADM)

Insider Activity: Archer-Daniels Midland Co (ADM)

CFO makes six-figure buy.On Tuesday, August 6th, Ray Young, CFO atArcher-Daniels Midland (ADM), picked up 3,400 shares. His total cost came to just under $125,000. The buy increases his holdings at the company to over 353,000 shares. As the head of finance at a company, a CFO buy is a strong buy signal for investors, as the company may have more room to run ahead, or is otherwise undervalued on a fundamental basis. Trading at 16 times earnings and 11 times forward earnings, the agricultural commodity producer and provider certainly looks like a value play here. Shares are down 25 percent...
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Unusual Options Activity: The Walt Disney Company (DIS)

Unusual Options Activity: The Walt Disney Company (DIS)

Bet on shares hitting new highs in next 13 months.Shares ofThe Walt Disney Company (DIS) sold off on Wednesday, following an earnings miss. Although shares are still up for the year, one trader is making an unusual bet that shares will head back to new all-time highs by September 2020. That’s based on the surge in trading on the September 2020 $170 calls—about 26 percent higher than where shares traded around $135 following their earnings miss. There’s a lot to like about the media giant, which is dominating the box office this year. In fact, the company set a record for highest revenue ...
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Unusual Options Activity: Beyond Meat (BYND)

Unusual Options Activity: Beyond Meat (BYND)

Big bet on rally in August.Shares ofBeyond Meat (BYND) may rally over 50 percent between now and August 30th. That’s the bet behind the surge in August 30th $250 calls on the plant-based meat alternative company, whose shares currently trade around $160. On Tuesday, over 2,100 of the options traded against an open interest just under 200, for an 11-fold increase in volume.   Last week, the company reported that it quadrupled its sales as part of its earnings report. Despite those numbers, shares lagged on news that the company was issuing more shares, diluting existing shareholde...
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Insider Activity: Universal Insurance Holdings (UVE)

Insider Activity: Universal Insurance Holdings (UVE)

Key director adds to stake. On Monday, August 5th, Sean Downes bought another 1,100 shares ofUniversal Insurance Holdings (UVE), where he has served as CEO in the past and now serves as director. The total cost of the additional shares came to just over $29,000, and increases his total holdings in the company to 1,431,833 shares. Downes has been a buyer in shares in mid-June as well as back in May at higher prices. Universal develops, markets, and underwrites insurance with a focus on residential homeowner’s insurance and other related products. The company is one of the few firms tha...
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Insider Activity: Arch Coal (ARCH)

Insider Activity: Arch Coal (ARCH)

Three directors make buys.On Friday, August 2nd, director Robert Hamill bought 1,000 shares ofArch Coal (ARCH), shelling out over $78,000 for the stake. He was joined by director James Chapman, who also bought 1,000 shares the same day at a slightly higher price. Both buys came a day after director Holly Koeppel bought 2,200 shares, paying over $195,000—and about 15 percent higher than where shares currently trade. These insider buys mark the first insider activity at the company since 2017, when prior insiders were sellers of shares. Arch Coal produces and sells thermal and metallurg...
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Unusual Options Activity: Nvidia (NVDA)

Unusual Options Activity: Nvidia (NVDA)

Traders bet on share rally in the next month.Many tech names took a steep dive on Monday on trade war fears. But traders were betting those would be short lived. One name that saw multiple options with unusual activity wasNvidia (NVDA), maker of advanced graphic processors. The August 30th $155 call was one of several options on the company that saw unusual trading, with over 1,580 shares trade against an open interest of 114, making for a 14-fold surge in volume. With shares of the company trading around $151 on Monday following a brutal 6 percent decline, the $155 calls would go in-the...
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Unusual Options Activity: Square (SQ)

Unusual Options Activity: Square (SQ)

Traders bet earnings drop will be short-lived.On Friday, traders bet on a higher price for payment companySquare (SQ), following a drop on lower than expected earnings. A number of different options traded on unusually high volume, most expecting a bounce within the next week. One big trade was on the August 9th $70 calls, which saw over 3,200 contracts trade against an open interest of 129, for a 25-fold increase in volume. With shares of Square dropping from $80 to under $70 on the one-two punch of an earnings miss and a dropping market on trade war fears, the explosion in volume on tr...
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Insider Activity: MasterCard (MA)

Insider Activity: MasterCard (MA)

First insider buy at company in 2019.On Thursday, August 1st, director Lance Uggla bought 1,500 shares of payment processing companyMasterCard (MA). The total cost came to $413,000, and increases his total stake to just under 4,700 shares. This marks the first insider buy at the company for 2019, amidst a number of insider sales, most from the Mastercard Foundation, a non-management insider dedicated to charitable works. MasterCard provides transaction processing and other payment-related products and services globally. This includes payment transactions, authorization, clearing, and set...
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Unusual Options Activity: Pan American Silver (PAAS)

Unusual Options Activity: Pan American Silver (PAAS)

Big bet on a silver rally through September.On Thursday, traders bet on a higher price for the silver space thanks to a large options bet onPan American Silver (PAAS). The September $18 call options saw over 26,700 shares trade, a 151-fold explosion in volume higher. With shares of the stock around $15.75, shares would need to move 14 percent higher in the next 49 days to move in-the-money. Pan American Silver is a mining company with a focus on silver operations. Traders interested in precious metals and looking for leverage tend to gravitate towards silver because it moves higher on a ...
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Insider Activity: Watford Holdings (WTRE)

Insider Activity: Watford Holdings (WTRE)

Multiple insiders pick up reinsurer’s shares.On Wednesday, July 31st, multiple insiders bought shares atWatford Holdings (WTRE). Those buys included 25,000 shares by CEO John Rathgeber, 25,000 shares by director Nicolas Papadopoulo, 2,500 shares by CFO Alexandre Scherer, and 1,500 shares by Chief Risk Officer Jon Levy. Collectively, these insiders bought over $1 million in shares. Insiders have been buyers of the company earlier in the year, with a large cluster of buys back in May at far higher prices. Watford Holdings engages as a property, casualty, and mortgage insurance and reinsura...
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