Insider Activity Report: Cummins (CMI)
Marvin Boakye, Chief HR Officer at
Cummins (CMI), recently bought 1,745 shares. The buy is a new position for the director, who paid $499,133 for the stake. This is the second insider buy of the year, following a director’s purchase of 562 shares for just under $150,000 back in February. Since then, one director has sold part of their position, and the company’s Chief Administrative Office has made three separate sales. Overall, Cummins insiders own 0.4% of shares. The industrial machinery manufacturer ...
Read More About This
Cummins (CMI), recently bought 1,745 shares. The buy is a new position for the director, who paid $499,133 for the stake. This is the second insider buy of the year, following a director’s purchase of 562 shares for just under $150,000 back in February. Since then, one director has sold part of their position, and the company’s Chief Administrative Office has made three separate sales. Overall, Cummins insiders own 0.4% of shares. The industrial machinery manufacturer ...
Read More About This
Unusual Options Activity: Bloom Energy (BE)
Fuel cell system producer
Bloom Energy (BE) is up 10% over the past year, far lagging the overall stock market. One trader is betting that shares will trend higher in the coming weeks. That’s based on the July $18 calls. With 56 days until expiration, 3,976 contracts traded compared to a prior open interest of 127, for a 31-fold rise in volume on the trade. The buyer of the calls paid $1.47 to make the bullish bet. Shares recently traded for about $16, ...
Read More About This
Bloom Energy (BE) is up 10% over the past year, far lagging the overall stock market. One trader is betting that shares will trend higher in the coming weeks. That’s based on the July $18 calls. With 56 days until expiration, 3,976 contracts traded compared to a prior open interest of 127, for a 31-fold rise in volume on the trade. The buyer of the calls paid $1.47 to make the bullish bet. Shares recently traded for about $16, ...
Read More About This
Inflation-Busting Companies May Get Rewarded With Bigger Market Shares
In any industry, market share is a key metric. How much of the total market one company gets can result in bigger profits, and also open up opportunities to take advantage of a larger size.
Investors remain wary about inflation and rising costs. Those costs are usually seen when making a purchase, even if inflation has worked its way through the entire system. Retail companies are working on ways to lower prices and knock down inflation.
One way is by finding products ...
Read More About This
Read More About This
Insider Activity Report: Hamilton Insurance Group (HG)
Alan Patterson, a director at
Hamilton Insurance Group (HG), recently bought 21,135 shares. The buy is an initial stake for the director, and came to a total cost of $352,109. This is the first insider buy of the year. The company’s Chief Accounting Officer sold nearly half his stake around the same time. Going further back, another director bought 10,000 shares back in December. But company insiders were largely sellers of shares in late 2023. Overall, Hamilton Insurance Group insiders own 12.6% ...
Read More About This
Hamilton Insurance Group (HG), recently bought 21,135 shares. The buy is an initial stake for the director, and came to a total cost of $352,109. This is the first insider buy of the year. The company’s Chief Accounting Officer sold nearly half his stake around the same time. Going further back, another director bought 10,000 shares back in December. But company insiders were largely sellers of shares in late 2023. Overall, Hamilton Insurance Group insiders own 12.6% ...
Read More About This
Unusual Options Activity: Peloton Interactive (PTON)
Consumer tech company
Pelton Interactive (PTON) is down 46% over the past year. Shares dropped 15% alone on Tuesday, as the company looked to issue a $1 billion loan. One trader sees shares bouncing higher. That’s based on the June 28 $4 calls. With 36 days until expiration, 5,027 contracts traded compared to a prior open interest of 205, for a 25-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently traded ...
Read More About This
Pelton Interactive (PTON) is down 46% over the past year. Shares dropped 15% alone on Tuesday, as the company looked to issue a $1 billion loan. One trader sees shares bouncing higher. That’s based on the June 28 $4 calls. With 36 days until expiration, 5,027 contracts traded compared to a prior open interest of 205, for a 25-fold rise in volume on the trade. The buyer of the calls paid $0.24 to make the bullish bet. Shares recently traded ...
Read More About This
Look for Market-Beating Profits In Great Companies Getting a Shake Up
While the market trends higher over time, some companies can be out of favor with the market. If they’re capable of finding ways to improve their business and profitability, they’ll likely have a catch-up rally.
Such rallies can beat the overall market returns handily over time. And they’re the kind of move that can be common in large, established companies that tend to otherwise perform as slow-moving investments. One way to find these opportunities is to follow activist investors.
For instance, right ...
Read More About This
Read More About This
Insider Activity Report: iRobot Corp (IRBT)
Gary Cohen, President and CEO of
iRobot Corp (IRBT), recently bought 2,050 shares. The buy increased his stake by over 1,000%, and came to a total cost of $25,189. This is the first insider buy in over two years. Otherwise, company executives and directors have been sellers of shares, including one director who sold over $2 million in shares back in February. iRobot’s prior CEO was also a seller of shares at a price nearly four times higher from where the stock ...
Read More About This
iRobot Corp (IRBT), recently bought 2,050 shares. The buy increased his stake by over 1,000%, and came to a total cost of $25,189. This is the first insider buy in over two years. Otherwise, company executives and directors have been sellers of shares, including one director who sold over $2 million in shares back in February. iRobot’s prior CEO was also a seller of shares at a price nearly four times higher from where the stock ...
Read More About This
Unusual Options Activity: Astrana Health (ASTH)
Healthcare services operator
Astrana Health (ASTH) is up 30% over the past year, despite a recent pullback. One trader sees further gains in the weeks ahead. That’s based on the June $45 calls. With 30 days until expiration, 6,037 contracts traded compared to a prior open interest of 110, for a 55-fold surge in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Astrana shares recently traded for about $39, meaning shares would need to rise ...
Read More About This
Astrana Health (ASTH) is up 30% over the past year, despite a recent pullback. One trader sees further gains in the weeks ahead. That’s based on the June $45 calls. With 30 days until expiration, 6,037 contracts traded compared to a prior open interest of 110, for a 55-fold surge in volume on the trade. The buyer of the calls paid $0.26 to make the bullish bet. Astrana shares recently traded for about $39, meaning shares would need to rise ...
Read More About This
