10102

Insider Trading Report: Beazer Homes (BZH)

Christian Winkle, a director at Beazer Homes (BZH), recently bought 3,775 more shares. That increased his stake by over 13 percent, and came to a price just over $55,000. This follows two buys that he made in the prior two months. While this director has been buying, C-suite executives have been sellers of shares this year. And one director sold a massive stake back in March, when the share price was less than half of what shares go for today. While ...
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10089

Unusual Options Activity: Uber (UBER)

Ride sharing giant Uber (UBER) had a great month in November. Legislation in California to classify contractors as employees failed, and shares rallied. One trader sees shares moving even higher. That’s based on the December 24th $60 calls. Over 2,770 contracts traded against a prior open interest of 153, for an 18-fold rise in volume. The trader paid about $0.32 for the option, which expires in 21 days. With shares near an all-time high at $51, it will take another 17.6 ...
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10088

Insider Trading Report: Cincinnati Financial (CINF)

Thomas Aaron, a director at Cincinnati Financial (CINF), recently bought 2,500 shares of the company. The buy increased his stake by 115 percent, and the price paid came in just under $200,000. This follow on two insider buys in early November from another director. Directors have been accumulating shares throughout the year, even as one C-suite executive made a large sale of shares. Over the past few years, insider buys have outnumbered sales. Overall, insiders own 6.8 percent of shares. A ...
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10087

Subscriber Growth Trends Suggest this Winner Will Trend Even Higher

Investors love companies with a recurring revenue model. Rather than selling a one-off product like a refrigerator or car, selling a monthly subscription to, say, a streaming service creates steadier cash flows. That kind of steady growth is why any company with a subscription service reports their growth numbers. It’s also why they’re on the lookout for ways to increase the number of loyal subscribers as well. In the e-commerce world, Amazon (AMZN) came to dominate thanks to the use of free ...
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10082

Insider Trading Report: FreightCar America (RAIL)

James Meyer, President and CEO of FreightCar America (RAIL), recently added 27,500 shares. The buy increased his holdings by nearly 15 percent, and came to a total cost of just over $58,000. The buy follows on a 5,500 share buy from a director just two days before. Insiders have been buyers of shares over the past three years with no sales. The last insider buys before these two occurred in early 2019, at prices as much as 55 percent higher. A ...
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10080

Strong Earnings Suggests Buying this Top Tech Play of 2020

Earnings season can be full of surprises. A company can miss on earnings, but still do better than expected. As a result, shares may end up rallying! The opposite is quite common too. A company can report fantastic earnings and growth, yet not meet expectations. That tends to result in a selloff in shares. In that case, however, there’s a buying opportunity as the company is clearly growing over time. That seems to be the case with Zoom Technologies (ZM). The company ...
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10084

Unusual Options Activity: Vale (VALE)

International mining giant Vale (VALE) has fared well this year as a recovering global economy has increased demand for raw commodities. One trader sees this playing out even further. The March 2021 $18 calls just saw 17,700 contracts trade against a prior open interest of 788, for a 22-fold rise in volume. The trade, expiring in 107 days, is that shares will move nearly $3 per share higher, or about 17 percent. The trader paid $0.51. Based in Brazil, Vale is best ...
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10076

Insider Trading Report: Foot Locker (FL)

Vesa Equity Investment, a major holder in Foot Locker (FL), recently added to their stake. The fund bought 509,575 shares of the company, increasing their holdings by 4.75 percent. The purchase price for the stake came to just under $19.7 million. While the fund has been buying, company insiders have generally been sellers over the past few years. Sales have occurred at prices as much as 37 percent higher than where shares currently trade. Overall, insiders own 11.6 percent of outstanding ...
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