Trading Tips Blog

Michael Hogan, a director at United Insurance Holdings Corp (UIHC), recently picked up 24,009 shares, which increased his stake by nearly 20 percent. The trade cost just over $123,000. That’s the second buy from that director in the past month, following a buy at the end of November. He’s also been joined by three other directors and the company’s Chief Claims officer in that timeframe. Overall, insiders own just over 53 percent of the company. The property and casualty insurance firm, ...
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Shares of Walmart (WMT) have been trending down for a few weeks. To add insult to injury, the U.S. department of justice sued the company right before the holidays. Why? Because the firm’s pharmacies may have been underfunded, which in turn may have helped fuel the opioid crisis. While that headline sounds dire, it’s anything but. Walmart sued the DOJ earlier in the year, seeking clarification on the role of pharmacies, their employees, and their role under the law. In short, ...
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Thomas Wimsett, a director at Jack Henry & Associates (JKHY) recently bought 8,900 shares. The buy increased his stake by 37 percent, and came to a total cost just under $1.4 million. This marks the second insider buy of 2020, following a buy from a director back in March. Insiders have generally been sellers of shares, including both executives and directors. As the company is in the technology and IT space, a large number of insider sales isn’t unusual. Shares of ...
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Shares of internet auction house eBay (EBAY) have more than doubled off their low set in March. While the move hasn’t been as big as a tech company, at least one trader sees a further move higher. That’s based on the March 2021 $50 calls. The calls trade about $1.50 in-the-money. Expiring in 81 days, over 11,100 contracts traded against a prior open interest of 184, for a 60-fold move higher in volume. The trader paid about $4.40 for the option, so ...
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Karl Hanneman, a director at Gatos Silver (GATO), recently bought 10,000 shares. That increased his holdings by nearly 265 percent, and came to a total price of $97,000. This marks the first insider buy since October, when two other directors, the CFO, and the Chief Administrative Officer bought shares. The silver ore mining company just went public in October, and shares are already up nearly 50 percent from the IPO price. Like most mining operations, the share price will likely move ...
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Shares of commercial optical and photonic product firm Lumentum Holdings (LITE) have been trending higher since September, with a large spike in shares right before the holidays. At least one trader is betting the move will continue. That’s based on the January $105 calls. Expiring in 21 days, over 7,600 contracts traded against a prior open interest of 209, for a 37-fold rise in volume. The trader paid about $1.80 to make the trade. Making products such as lasers and fiber optics ...
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It’s been a banner year for companies going public, as well as mergers and acquisitions. Low interest rates have made financing a good deal. But an all-cash buyer? That may be a sign that a company is getting a true bargain. That seems to be the case with Blackstone (BX). The investment firm is making a $4.3 billion all-cash offer for Signature Aviation, a U.K.-based private jet services provider. It’s the kind of deal that fits in with Blackstone’s wheelhouse. The ...
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Ryan Cohen, a major shareholder at GameStop (GME), recently bought 1,226,400 shares. That increased his stake by nearly 16 percent. The total price of the buy came to just over $19 million. This marks the first insider buy at the company since April, when the company’s CEO and CFO both bought shares when they were under $5. One director at the company sold shares in April as well. The retail outlet for video games has seen shares move lower over the ...
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