13286

Insider Trading Report: HF Sinclair Corp (DINO)

Franklin Myers, a director at HF Sinclair Corp (DINO), recently added 7,250 shares. The buy increased his holdings by about 7.3 percent, and came to a total price just under $406,000. This adds to a 4,800 share buy that the director made earlier in August, and 10,700 shares back in May. Overall, insiders have been fairly active as both buyers and sellers in the past few months, with more buying than selling. Overall, insiders own 25.8 percent of the company. The oil ...
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13287

Unusual Options Activity: Abbott Laboratories (ABT)

Shares of pharmaceutical and medical supply company Abbott Laboratories (ABT) have lost about 20 percent of their value in the past year. One trader sees a further drop in shares ahead. That’s based on the November $75 put options. With 79 days until expiration, 10,841 contracts traded compared to a prior open interest of 350, for a 31-fold rise in volume on the trade. The buyer of the puts paid $0.24. Shares recently traded for $102, so they would need to lose ...
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13281

Stick With Defensive Stocks in the Months Ahead

Investors expecting a turnaround in stocks this fall just had their hopes dashed. But investors who continue to stick with companies with great long-term potential can fare well. In today’s environment, companies that play to a defensive nature – where consumers tend to spend no matter how the economy performs—offer good returns relative to today’s risks. Investing in these companies now, with share prices down, can offer moderate gains with less potential downside going forward. One traditional place where investors can be ...
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13282

Insider Trading Report: Intel Corp (INTC)

Patrick Gelsinger, CEO at Intel Corp (INTC), recently picked up 14,800 shares. The buy increased his holdings by nearly 8 percent, and came to a total cost just over $501,000. This is the first insider activity at the company since May, when the company CFO bought alongside the CEO as well. Since the start of the year, insider buying has more than exceeded insider selling. Over the past three years the picture is more evenly mixed between buying and selling. Overall, Read More About This
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13283

Unusual Options Activity: Alamos Gold Inc (AGI)

Shares of gold exploration and production company Alamos Gold Inc (AGI) are trading flat over the past year. One trader sees the potential for a big drop in the coming weeks. That’s based on the October 21 $7.50 puts. With 52 days until expiration, 5,257 contracts traded compared to a prior open interest of 187, for a 28-fold rise in volume on the trade. The buyer of the puts paid $0.53 to make the bet. The stock last traded at $7.60, making ...
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13275

Investors Still Love Industry Leaders Now

It’s a challenging market, but a few themes have been playing out in recent weeks. Great companies are holding up better than lower-quality ones in the same industry. And even with all the uncertainty out there right now, investors are willing to buy great companies well off of last year’s highs. That theme is playing out this earnings season. Companies that have been reporting poor numbers may be selling of, but investors have been swooping in to buy. One such players is ...
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13276

Insider Trading Report: Flowers Foods (FLO)

Thomas Chubb, a director at Flowers Foods (FLO), recently added 3,000 shares. The buy increased his stake by nearly 15 percent, and came to a total cost of $82,500. The buy came a few days after the company President and CEO sold just over 143,000 shares. Insider trading history has been mixed over the past three years, with a few periods with large buys and sells by executives and directors Overall, company insiders own 7.2 percent of shares. The breadmaking company has ...
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13280

Unusual Options Activity: Petroleo Brasileiro (PBR)

Shares of oil giant Petroleo Brasileiro (PBR) are up 36 percent in the past year thanks to strong energy prices. One trader sees the possibility of a pullback in the coming weeks. That’s based on the October 21st $14 put option. With 53 days until expiration, 150,545 contracts traded compared to a prior open interest of 4,570, for a 34-fold rise in volume on the trade. The buyer of the puts paid $1.16. The stock recently traded for about $14.60, so shares ...
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