Trading Tips Blog

Daniel Williamson, a director at The Tattooed Chef (TTCF) recently bought 250,000 shares. The buy came to a total price of $2.5 million, and represented a 3,346 percent increase in the director’s holdings. Overall, insiders own 47 percent of the company. The company president recently sold 800,000 shares, but still owns over 31.4 million shares.  These are the only insider transactions since the company went public in 2020. Since going public, shares have traded anywhere between $10 and a high of $30, ...
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What do you get when a stock beats on its quarterly earnings numbers and when it raises guidance? Typically, you get a rally. But not always. If you get a selloff when that happens, the numbers suggest such a selloff may be temporary. That could be the case with Honeywell International (HON). The industrial giant has been positioning itself for faster growth and embracing better technology. That allowed it to post better-than-expected earnings on Friday, and raise the full-year 2021 outlook. Read More About This

Shares of chip giant Micron (MU) are still near their all-time highs, but sold off strongly on Thursday on reports of higher potential tax rates. One trader sees a clear rebound in the coming weeks. That’s based on the May $96 call options. With 26 days until expiration, over 12,321 contracts traded, a 108-fold jump in volume from the prior open interest of 112. The buyer of the calls paid about $0.62 to make the trade. With shares around $85, a 12 ...
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Rachel Goldman, CEO at Paramount Gold Nevada Corp (PZG) recently picked up 15,000 shares. The buy doubled her stake in the firm, and came to a total price of just over $15,500. Insiders have been steady, incremental buyers of the gold mining venture over the past three years, upping their buys in early 2021. That includes both company insiders as well as major holders. Overall, insiders own nearly 22 percent of company shares. The gold mining stock is near 52-week lows, ...
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While earnings season has come in strong, a few misses have occurred. Within that group of stocks, some companies are likely to continue to struggle. Other firms, however, are demonstrating short-term issues that are likely to lead to higher prices in time. One such name in the latter category is American Express (AXP). Shares dropped on Friday as the company reported solid earnings with better-than-expected profits. The issue? The company’s revenues were a little on the low side. Overall, the company reported ...
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Earnings season is off to a strong start. Despite a few high-profile misses, most companies have beaten expectations. One company has had a series of better-than-expected numbers in the past year that’s about to report earnings once again. That company is Microsoft (MSFT). The tech giant has seen explosive growth in the past year thanks to a shift to remote work during the pandemic, and analysts are expecting revenue up 17 percent this quarter. Shares are at all-time highs, but are ...
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Gustavo Arnal, CFO at Bed Bath & Beyond (BBBY) recently picked up 20,000 shares. The buy increased his holdings by 7 percent, and came to a total purchase price of $509,000. He was joined by a director, Joshua Schechter, who bought 3,000 shares the same day, increasing his stake by 14 percent and paying just over $75,000. This adds to other insider purchases throughout 2020. The last insider sales at the company were in early 2019. Overall, insiders own about 6 ...
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Shares of Korean telecom firm KT Corporation (KT) are up over 25 percent since early February. One trader sees a potential move higher in the coming months. That’s based on the October $15 calls. Over 7,440 contracts traded against a prior open interest of 188, for a 39-fold rise in volume. Expiring in 176 days, the contract would move in the money if shares rose another $2 from their current price, or about 15 percent. The option buyer paid about $0.60 for ...
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