12016

Insider Trading Report: Kinder Morgan Inc (KMI)

Gary Hultquist, a director at Kinder Morgan Inc (KMI), recently bought 13,000 shares. The buy increased his stake by 80 percent, and came to a total purchase price of just over $211,000. He was joined by two other directors. One bought 10,000 shares, paying just over $162,000. The other bought 6,000 shares, paying just over $98,000 for that stake. These are the first insider buys since August 2020. Two company executives have been sellers of shares at higher prices this year. Insiders ...
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12018

Unusual Options Activity: The Kraft Heinz Company (KHC)

Shares of food giant The Kraft Heinz Company (KHC) rose in the first few months of the year, only to decline in the past few months. One trader sees a short-term rally in the works. That’s based on the December 31st $35 calls. With 17 days until expiration, 15,559 contracts traded against a prior open interest of 318, for a 49-fold surge in volume. The buyer of the calls paid $0.40 to make the trade. The stock’s decline over the past few ...
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12009

The Tug of War Over This Stock Continues – And Now May Be an Opportunity to Buy

2021 is coming to an end, and for traders, it will mostly be remembered as a year when retail traders jumped into rising stocks, fueling even further gains. The original “meme stock” trade is that of retail game company GameStop (GME). Some see the company as a struggling dinosaur, especially after the company reported its most recent earnings. However, a read beyond the headline earnings numbers suggest that the company, which is still up substantially this year, has further upside. The company ...
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12010

Insider Trading Report: Old Republic International (ORI)

Michael Kennedy, a director at Old Republic International (ORI), recently bought 1,830 shares. The buy increased his stake by over 37 percent, and came to a total price just over $45,000. This follows on a buy from another director of 250 shares last month. Company directors have been regular buyers of small amounts of shares this year, although that has been outnumbered by a number of other directors and executives who have been sellers. Overall, company insiders own 7.3 percent of ...
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12011

Unusual Options Activity: The Kroger Co. (KR)

Shares of grocery store chain The Kroger Co. (KR) have been rising over the past year. One trader sees that trend continuing in the next few days with the potential for a big jump soon. That’s based on the December 23 $46 calls. With 10 days until expiration, 11,970 contracts traded against a prior open interest of 138, for an 87-fold surge in volume. The buyer of the calls paid $0.30 to get into the trade. With shares last going for just ...
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12003

Improving Outlook For the Travel Industry Bodes Well For Airlines

The holiday season is underway, and already travel numbers are closing in on their 2019 record levels. While they likely won’t exceed that prior peak for 2021, 2022 could be a big winner. And companies in the transportation sector are set to continue to benefit. That’s being seen in the bottom line of companies as well, with many increasing their estimates for how they’ll perform financially this year. While rising fuel costs are a yellow flag, improving travel numbers bode well for ...
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12004

Insider Trading Report: Evergy (EVRG)

John Wilder, a director at Evergy (EVRG) recently picked up 20,877 shares. The buy increased his stake by 0.8 percent, and came to a total purchase price of just over $1.375 million. That follows up on a buy he made last week for 21,414 shares, paying $1.372 million to do so. And a buy back in November for 21,045 shares for $1.371 million. The director has additional buys going back into September, when the company CEO and CFO were also buyers. Overall, ...
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12006

Unusual Options Activity: Fortress Transportation and Infrastructure Investors (FTAI)

Shares of industrial rental and leasing firm Fortress Transportation and Infrastructure Investors (FTAI) have been in a downtrend since June. One trader sees a rebound ahead, if not already underway given the rise in shares in recent sessions. That’s based on the April $28 calls. With 124 days until expiration, over 13,450 contracts traded against a prior open interest of 236, for a 57-fold jump in volume. The buyer of the calls paid $1.50 for the trade. Shares recently traded around $24, ...
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