16355

Insider Activity Report: Starbucks (SBUX)

Jorgen Knudstorp, a director at Starbucks (SBUX), recently bought 380 shares. The buy increased his stake by 1%, and came to a total cost of $34,770. This marks the first insider buy at the company over the past two years. Company insiders are regular sellers of shares, in particular the company’s North America CEO, who also recently resigned. Most of the sales were direct sales, with only one insider sale coming following the exercise of stock options. Overall, Starbucks insiders own ...
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16356

Unusual Options Activity: Uranium Energy Corp (UEC)

Uranium producer Uranium Energy Corp (UEC), is down 2% over the past year, with shares down over one-third from their February peak. One trader sees the stock recovering to bounce higher into next year. That’s based on the February 2025 $8 calls. With 154 days until expiration, 3,635 contracts traded compared to a prior open interest of 127, for a 29-fold rise in volume on the trade. The buyer of the calls paid $0.21 to make the bullish bet. UEC shares recently ...
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16350

In a Market Selloff, Buy This Big Tech Holding

Many big tech stocks have led the market higher over the past two years. However, not all tech stocks are alike. Investors have been betting on plays with fast growth now. But as the market shifts, looking for consistent growth may be a better option for investors. That’s because the spending growth on AI is likely to start slowing in 2025. The big spending now should decline as companies look to integrate new AI tools and reassess their needs from there. So ...
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16351

Insider Activity Report: Gannett (GCI)

Laurence Tarica, a director at Gannett (GCI), recently bought 50,000 shares. The buy increased his holding by 5%, and came to a total cost of $225,000. This marks the first insider activity of 2024. Tarica was the last buyer of shares with a 200,000 buy for $370,000 back in November 2023. 2023 also saw a buy from the company CEO, for 60,000 shares valued at just over $220,000. Over the past two years, there have been no insider sales. Overall, Gannett ...
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16353

Unusual Options Activity: Genpact Limited (G)

Outsourcing and IT services giant Genpact Limited (G) is up 6% over the past year, far lagging the overall stock market. One trader sees shares trending lower into the end of the year. That’s based on the December 20 $30 puts. With 92 days until expiration, 4,000 contracts traded compared to a prior open interest of 130, for a 31-fold rise in volume on the trade. The buyer of the puts paid $0.20 to make the bearish bet. Genpact shares recently traded ...
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16345

Retailers Offering Consumers the Best Value May Win the Holiday Season

The holiday season is when retail stocks have their best performance of the year. That’s because holiday sales provide retailers with the chance to see their biggest profits. However, consumers remain cautious after years of inflation. For a retailer to have a good year, it will need to offer bargains this year. Making value a priority may not mean a big profit margin. But it will mean solid revenues. And it will likely mean that those who don’t offer enough values ...
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16346

Insider Activity Report: Lakeland Financial Corporation (LKFN)

Stephanie Leniski, a SVP at Lakeland Financial Corporation (LKFN), recently bought 4,500 shares. The buy increased her stake by 130%, and came to a total cost of $292,680. This marks the first insider buy since February, when a director bought 360 shares for about $23,000. Otherwise, company insiders, including the CEO and CFO, have been sellers of shares so far this year, with the largest insider sale account for $1.9 million. Overall, insiders at the regional bank own 3.3% of shares. Lakeland ...
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16347

Unusual Options Activity: Comcast (CMCSA)

Telecom and communications giant Comcast (CMCSA) is down 13% over the past year. One trader expects further downside in the months ahead. That’s based on the April 2025 $30 puts. With 211 days until expiration, 6,315 contracts traded compared to a prior open interest of 117, for a 54-fold rise in volume on the trade. The buyer of the puts paid $0.55 to make the bearish bet. Comcast shares recently traded for about $39, so the stock would need to decline by ...
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