13365

Insider Trading Report: APi Group Corp (APG)

Anthony Malkin, a director at APi Group Corp (APG), recently picked up 92,145 shares. The buy increased his stake by a massive 706 percent, and came to a total cost of just under $1.4 million. That follows up on a number of buys by the director in the past few weeks, and a 37,800 share buy back in June. Going further back, company executives have also been regular buyers of shares, with no insider sales in the past three years. Overall, company ...
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13366

Unusual Options Activity: GameStop (GME)

Shares of video game retail platform GameStop (GME) are down 39 percent over the past year, nearly four times as much as the overall stock market. One trader sees a further decline in the coming weeks. That’s based on the November 18th $26.25 put options. With 57 days until expiration, 4,550 contracts traded compared to a prior open interest of 149, for a 31-fold rise in volume on the trade. The buyer of the puts paid $4.08 to make the bet. The ...
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13357

Continue to Add Defensive Names in Today’s Market

The stock market will always be volatile. In today’s environment, big daily swings have been the norm. For investors who are using those swings to pick up quality companies at a reasonable price, they’ll be rewarded on top of any trading income as well. Right now, markets are fearful over a potential decline in corporate earnings. That’s already been the case for a few quarters, but high energy prices this year are causing higher prices in everything from electrical generation to ...
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13360

Insider Trading Report: Comstock Resources (CRK)

M. Jay Allison, Chairman and CEO of Comstock Resources (CRK), recently picked up 50,000 shares. The buy increased the CEO’s holdings by 3 percent, and came to a total price of $975,000. A company director also picked up 14,000 shares on the same day, increasing their stake by about 10 percent with a $254,000 buy. Three other company directors have been buyers in the past three months. All of these transactions have been the sole insider trading at the company in the ...
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13362

Unusual Options Activity: Roblox Corporation (RBLX)

Shares of metaverse gaming platform Roblox Corporation (RBLX) are down nearly 50 percent in the past year on a drop in tech stocks. One trader sees the potential for a jump higher in the coming days. That’s based on the October 7th $45 calls. With 16 days until expiration, 4,847 contracts traded compared to a prior open interest of 155, for a 31-fold increase in volume on the trade. The buyer of the calls paid $0.51 to make the bet. Shares Read More About This
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13353

It’s Time to Consider This Old-School Inflation Hedge

Inflation continues to eat away at consumer’s purchasing power. And while it’s blindsided some investors, it’s also been tough to hedge right now. That’s because conventional hedges haven’t worked too well yet, as investors have gone through other alternatives first. However, gold is starting to look undervalued relative to other commodities. And it has a long history of holding up well compared to inflation, both expected and unexpected, over time. As gold prices look undervalued, so do prices for gold mining companies ...
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13354

Insider Trading Report: HomeTrust Bancshares (HTBI)

Robert James, a director at HomeTrust Bancshares (HTBI), recently added 2,500 shares. The buy increased his holdings by nearly 22 percent, and came to a total cost of $57,025. That’s the first insider buy at the company since mid-2020. Otherwise, insiders have been big sellers of shares over the past two years, with some major sales right as the stock market started to peak nearly a year ago. Overall, company insiders own 10.1 percent of the company. The regional bank, based out ...
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13355

Unusual Options Activity: Alcoa Corporation (AA)

Shares of aluminum producer Alcoa Corporation (AA) are down about in-line with the S&P 500 over the past year. One trader is betting that the company will move far lower in the coming weeks. That’s based on the November $25 puts. With 59 days until expiration, 8,617 contracts traded compared to a prior open interest of 166, for a 32-fold rise in volume on the trade. The buyer of the puts paid $0.32 to make the bet. Shares recently traded just ...
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