Insider Trading Report: Energy Transfer LP (ET)
Thomas Long, Co-CEO of
Energy Transfer LP (ET), recently bought 80,546 more shares. The buy increased his holdings by just over 5 percent, and came to a total purchase price of just over $600,000. He was joined by a cluster of other buyers, including the company CFO who bought 67,121 shares, paying just over $500,000. The company COO bought 33,561 shares, and the firm’s executive chairman bought 16,191,39 shares, a $120 million commitment. Insiders own 11.2 percent of the company overall. The ...
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Energy Transfer LP (ET), recently bought 80,546 more shares. The buy increased his holdings by just over 5 percent, and came to a total purchase price of just over $600,000. He was joined by a cluster of other buyers, including the company CFO who bought 67,121 shares, paying just over $500,000. The company COO bought 33,561 shares, and the firm’s executive chairman bought 16,191,39 shares, a $120 million commitment. Insiders own 11.2 percent of the company overall. The ...
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Unusual Options Activity: MGM Resorts International (MGM)
Shares of casino operator
MGM Resorts International (MGM) have slid lower in the past month on the latest Covid fears. One trader is betting those fears are overblown and shares will trend higher in the next month. That’s based on the January $44 calls. With 37 days until expiration, 11,275 contracts traded against a prior open interest of 186, for a 61-fold rise in volume. The buyer of the calls paid $0.89 to make the trade. Shares last traded around $40, so the ...
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MGM Resorts International (MGM) have slid lower in the past month on the latest Covid fears. One trader is betting those fears are overblown and shares will trend higher in the next month. That’s based on the January $44 calls. With 37 days until expiration, 11,275 contracts traded against a prior open interest of 186, for a 61-fold rise in volume. The buyer of the calls paid $0.89 to make the trade. Shares last traded around $40, so the ...
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Trillion-Dollar Companies Should Continue to Dominate This Decade
Five years ago, no US company had a market valuation over $1 trillion. Today, five carry that distinction, and two of them have a market cap over $2 trillion at the moment.
That’s a large amount of growth over a relatively short period of time. But it’s possible that these industry-leading tech firms could continue to increase even further in the years ahead.
Apple (AAPL), the largest company by market cap, has become the dominator for consumer-friendly tech. And it’s nearing ...
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Apple (AAPL), the largest company by market cap, has become the dominator for consumer-friendly tech. And it’s nearing ...
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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 own ...
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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 own ...
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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 months ...
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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 months ...
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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 has ...
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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 has ...
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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 the ...
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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 the ...
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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 under ...
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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 under ...
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