Trading Tips Blog

David Nierenberg, a major holder at Potbelly Corp (PBPB), recently bought 7,600 shares. The buy came to a total of $70,149, and increased his position by less than 1%. Other company insiders, including the CEO, CFO, and COO, were buyers in the past year, usually in amounts ranging from $8,000 to $25,000 at a time. There has been just one insider sale over the past year, from a company SVP who sold 8% of his stake. Overall, Potbelly Corp insiders own ...
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Department store chain Macy’s (M) sank to a new 52-week low, with shares down 22% over the past year. One trader sees further weakness into the summer. That’s based on the August $12 puts. With 210 days until expiration, 6,506 contracts traded compared to a prior open interest of 102, for a 64-fold rise in volume on the trade. The buyer of the puts paid $0.97 to make the bearish bet. Macy’s shares recently traded just under $14, so the stock would ...
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Markets are off to a challenging start for 2025. Yet some asset classes are faring better than others. The commodity space, which fared relatively well in some respects, continues to thrive. For 2025, however, the early winner out of the gate has been the energy space. Oil prices have been pushing higher. That’s due to a combination of fears, including another round of sanctions against Russia. Further gains look likely in 2025. Given the prospect for strong returns after poor performance in ...
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Nina Capital Holdings, a major holder of Petmed Express (PETS), recently bought 25,000 shares. The buy increased the fund’s position by 1%, and came to a total cost of $124,375. The fund also made three buys in December, picking up 132,000 shares at a cost of over $700,000. A company director was also a buyer of 60,000 shares last December, paying over $324,000 to do so. Overall, Petmed Express insiders own 16.1% of shares. The online pet pharmacy is down 30% over ...
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Wall Street megabank Bank of America (BAC) is up 40% over the past year, far beating the overall market. One trader sees the stock trending even higher in the weeks ahead. That’s based on the February 7 $50 calls. With 22 days until expiration, 26,287 contracts traded compared to a prior open interest of 123, for a massive 214-fold rise in volume on the trade. The buyer of the calls paid $0.20 to make the bullish bet. Bank of America shares recently traded ...
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In any industry, some consolidation is normal over time. It’s also healthy when the largest players in the industry make notable acquisitions. That’s because acquiring smaller companies can be a good driver for growth down the line, and offer a smaller company the financial strength of a larger one. Over time, industries tend to come down to a few major players, who often pick up promising up-and-coming growth plays. That looks like the case with healthcare giant Johnson & Johnson (JNJ), which ...
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Alexander Merk, COO of ASA Gold & Precious Metals (ASA), recently bought 28,860 shares. The buy increased his stake by 13%, and came to a total cost of $634,720. The buy comes following several other buys in the final weeks of 2024, where the COO paid over $2.1 million for over 100,000 shares. A company director also bought 400 shares in the past few days. There have been zero insider sales at ASA over the past two years. Overall, ASA insiders ...
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Utility provider Sempra (SRE) is up 6% over the past year, far underperforming the overall market, and the utility sector in general. One trader sees shares trending higher into the spring. That’s based on the April $85 calls. With 92 days until expiration, 10,155 contracts traded compared to a prior open interest of 242, for a 42-fold rise in volume on the trade. The buyer of the calls paid $1.40 to make the bullish bet. Sempra shares recently traded for about $77, ...
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