Insider Trading Report: Western Alliance Bancorp (WAL)

Robert Sarver, Executive Chairman at Western Alliance Bancorp (WAL), recently added 25,000 shares. The buy increased his holdings by 2.2 percent, and came to a total price of just over $1.92 million. He was joined by the company’s Vice Chairman, who bought 2,000 shares on the same day, coming to a total price of about $77,770. Company insiders have been active so far this year with a number of buys, but only one sale. Over the past three years, however, insiders have ...
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Unusual Options Activity: Bausch Health Companies (BHC)

Shares of pharmaceutical and medical device company Bausch Health Companies (BHC) have been in a steady decline over the past year. One trader sees the potential for a rebound in shares in the coming months. That’s based on the July $32 calls. With 125 days until expiration, 6,395 contracts traded compared to a prior open interest of 182, for a 35-fold rise in volume. The buyer of the calls paid $0.38 to make the trade. Shares last traded for about $23, so ...
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Stick With Companies Capable of Growing with Inflation

While the market has been contending with the latest geopolitical headlines in the short-term, longer-term trends are still in play. That means high levels of inflation, whose growth may moderate later this year, but will likely still remain high. As one of the largest trends, investors should look at investing in companies that are capable of growing alongside inflation, rather than losing profit margin as customers start to look for cheaper bargains elsewhere. One area that should fare well is in payment ...
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Insider Trading Report: Digital Turbine (APPS)

Michelle Sterling, a director at Digital Turbine (APPS), recently added 1,000 shares. The buy increased her stake by 2.6 percent, and came to a total purchase price of just under $37,000. This marks the first insider buy of the year. Insiders were last active buying shares at higher prices in November and December last year. The buys have been overshadowed by a sale from the company CEO earlier this month. Over the past three years, however, insider buys have exceeded insider ...
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Unusual Options Activity: Corning Incorporated (GLW)

Shares of display technology Corning International (GLW) are down slightly over the past year. One trader sees a rebound ahead in the coming months. That’s based on the May $42 calls. With 70 days until expiration, 18,242 contracts traded compared to a prior open interest of 585, for a 31-fold jump in volume. The buyer of the calls paid $0.87 to make the trade. Shares last traded around $37, so they would need to rise $5, or about 13.5 percent, for the ...
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Strong Guidance Makes this Pandemic-Shunned Company Worth a Buy Amid this Market Turmoil

Where the stock market goes on a given day, so do most stocks. Those that buck the trend usually have a specific reason to do so. Usually, strong earnings and guidance will allow a company to rise even if the rest of the market is dropping. In today’s market, where the moves have been much more volatile, that hasn’t always been the case. That’s setting the stage for a bigger rally for any company posting strong numbers now. One example is Uber ...
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Insider Trading Report: James River Group Holdings (JRVR)

Sundar Srinivasan, a director at James River Group Holdings (JRVR), recently added 12,500 shares. The buy increased the director’s stake by 217 percent, and came to a total price of $254,000. Other company insiders have also been buyers recently as well, with another director buying 4,150 shares, one picking up 2,000 shares, and the company President and CEO making a 12,450 share buy. Insiders were last buyers back in November, although at a smaller scale than the current cluster of buys. Over ...
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Unusual Options Activity: Peabody Energy Corporation (BTU)

Shares of coal company Peabody Energy Corporation (BTU) have been volatile in recent sessions. One trader sees the possibility for a continued move higher this year. That’s based on the December $30 calls. With 282 days until expiration, 8,693 contracts traded compared to a prior open interest of 323, for a 27-fold jump in trading volume. The buyer of the call options paid $5.25 to make the trade. Shares were recently going for around $22, so they would need to rise $8, ...
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