Insider Activity Report: Energy Transfer (ET)
Marshall McCrea, Co-CEO at
Energy Transfer (ET), recently added 50,000 shares. The buy increased his holdings by 1 percent, and came to a total cost of $682,000. The buy comes a week after an EVP bought 10,000 shares for $130,000. And two weeks after the company’s Chairman of the Board bought 3,000,000 shares for $38.9 million. Over the past two years, there have been over two dozen insider buys, with zero insider sales. Overall, Energy Transfer insiders own 17.2 percent of shares. The ...
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Energy Transfer (ET), recently added 50,000 shares. The buy increased his holdings by 1 percent, and came to a total cost of $682,000. The buy comes a week after an EVP bought 10,000 shares for $130,000. And two weeks after the company’s Chairman of the Board bought 3,000,000 shares for $38.9 million. Over the past two years, there have been over two dozen insider buys, with zero insider sales. Overall, Energy Transfer insiders own 17.2 percent of shares. The ...
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Unusual Options Activity: Honeywell (HON)
Industrial conglomerate
Honeywell (HON) has rallied and then faded out over the past year, leaving shares flat. One trader sees the current downtrend continuing in the coming months. That’s based on the December $170 puts. With 98 days until expiration, 10,028 contracts traded compared to a prior open interest of 199, for a 50-fold rise in volume on the trade. The buyer of the puts paid $2.30 to make the bearish bet. Shares recently traded for about $185, so they would need to ...
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Honeywell (HON) has rallied and then faded out over the past year, leaving shares flat. One trader sees the current downtrend continuing in the coming months. That’s based on the December $170 puts. With 98 days until expiration, 10,028 contracts traded compared to a prior open interest of 199, for a 50-fold rise in volume on the trade. The buyer of the puts paid $2.30 to make the bearish bet. Shares recently traded for about $185, so they would need to ...
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Buy Big Trends When They’re Out of Favor
When a trend is hot, owning any company related to that trend can lead to big gains quickly. But when the trend shifts, a company can fall out of favor as well. Some trends occur just once. Others are more cyclical.
Targeting cyclical trends when they’re out of favor can lead to great returns. When the cycle turns, it can lead to life-changing profits. Especially when they relate to tech-related trends.
For instance, electric vehicles are a top trend. But stocks related ...
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Insider Activity Report: Alamo Group (ALG)
Eric Etchart, a director at
Alamo Group (ALG) recently bought 500 shares. The buy increased his stake by 5 percent, and came to a total purchase price of $88,295. This marks the first buy at the company since March 2022, when another director bought 500 shares. Since then, there have been about 10 sales, including sales from the company’s CFO and CEO. However, some of those sales were driven by the exercise of stock options. Overall, company insiders own 2.4 percent of ...
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Alamo Group (ALG) recently bought 500 shares. The buy increased his stake by 5 percent, and came to a total purchase price of $88,295. This marks the first buy at the company since March 2022, when another director bought 500 shares. Since then, there have been about 10 sales, including sales from the company’s CFO and CEO. However, some of those sales were driven by the exercise of stock options. Overall, company insiders own 2.4 percent of ...
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Unusual Options Activity: Endeavor Group Holdings (EDR)
Entertainment and sports company
Endeavor Group Holdings (EDR) is slightly up over the past year, but shares have been getting hit hard in recent sessions. One trader sees a further decline in the weeks ahead. That’s based on the November $20 puts. With 70 days until expiration, 24,309 contracts traded compared to a prior open interest of 144, for a 169-fold jump higher in trading volume. The buyer of the puts paid $0.85 to make the bearish bet. Endeavor shares recently traded close ...
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Endeavor Group Holdings (EDR) is slightly up over the past year, but shares have been getting hit hard in recent sessions. One trader sees a further decline in the weeks ahead. That’s based on the November $20 puts. With 70 days until expiration, 24,309 contracts traded compared to a prior open interest of 144, for a 169-fold jump higher in trading volume. The buyer of the puts paid $0.85 to make the bearish bet. Endeavor shares recently traded close ...
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Bet on Asset Managers to Win as the Economy Grows Over Time
The financial sector is dominated largely by banks, but there are other niches in the space that can be a better place for investors. That’s because bank stocks can see massive declines during credit events. Or if a bank goes under, the stock can become worthless.
That’s why other parts of the financial sector look reasonable. Many tout the insurance space. But asset managers are often an overlooked play.
Asset manager
Blackstone (BX) is one such player, although it may be better ...
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Blackstone (BX) is one such player, although it may be better ...
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Insider Activity Report: PCB Bancorp (PCB)
Sang Lee, a director at
PCB Bancorp (PCB), recently bought 3,000 shares. The buy increased the director’s stake by less than 1 percent, and came to a total cost of $47,100. The director has been a recurring buyer over the past 18 months, picking up over 50,000 in shares in total and paying over $1 million. The last insider sale occurred in March, when a director sold 11,000 shares. Overall, company insiders own 25.2 percent of shares. The California-based bank is down about ...
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PCB Bancorp (PCB), recently bought 3,000 shares. The buy increased the director’s stake by less than 1 percent, and came to a total cost of $47,100. The director has been a recurring buyer over the past 18 months, picking up over 50,000 in shares in total and paying over $1 million. The last insider sale occurred in March, when a director sold 11,000 shares. Overall, company insiders own 25.2 percent of shares. The California-based bank is down about ...
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Unusual Options Activity: Warner Bros. Discovery (WBD)
Media giant
Warner Bros. Discovery (WBD) sank over 10 percent last week, as the ongoing Hollywood strike impacted the sector. One trader is betting on further weakness ahead. That’s based on the April 2024 $10 puts. With 225 days until expiration, 10,265 contracts traded compared to a prior open interest of 129, for an 80-fold rise in volume on the trade. The buyer of the puts paid $0.95 to make the bearish bet. Warner Bros. Discovery stock recently traded for about $11.50 ...
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Warner Bros. Discovery (WBD) sank over 10 percent last week, as the ongoing Hollywood strike impacted the sector. One trader is betting on further weakness ahead. That’s based on the April 2024 $10 puts. With 225 days until expiration, 10,265 contracts traded compared to a prior open interest of 129, for an 80-fold rise in volume on the trade. The buyer of the puts paid $0.95 to make the bearish bet. Warner Bros. Discovery stock recently traded for about $11.50 ...
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