6277

Insider Activity: Central Pacific Financial Corp (CPF)

Chairman and President make buys. On Monday July 29th, Paul Yonamine, Chairman and CEO of Central Pacific Financial Corp (CPF) bought over 8.600 shares of the company, paying just over $255,000 to do so. He was joined by President Catherine Ngo, who bought 8,550 shares, paying just over $253,500. These buys follow off of some buys by directors back in mid-June. Central Pacific Financial Corp is based on Honolulu, Hawaii, and operates a traditional bank with 35 branches and 78 ATMs in the ...
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6266

Insider Activity: Air Products & Chemicals (APD)

CEO makes $4.5 million buy. On Friday July 26th, Air Products & Chemicals (APD) CEO Seifi Ghasemi picked up 20,000 shares of the company. At $227 per share, the total cost came to a whopping $4.5 million bet on the company. The new buy brings his total share count to nearly 454,000 shares. This marks the first insider buy at the company for 2019, and only one insider has sold shares at the industrial giant this year. Air Products & Chemicals provides atmospheric ...
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6268

Unusual Options Activity: Anheuser-Busch Inbev (BUD)

Big bet on shares rallying through January. On Monday, a bullish bet was made on Anheuser-Busch Inbev (BUD), maker of Budweiser and other beverages and spirits. The bet was on the January 2020 $90 call options on the stock, expiring 171 days from now. Over 15,000 of these contracts traded, against an open interest of 1,233, making for a 12-fold surge in volume on the option. Even more unusual is the fact that shares currently trade around $101, making the option about $11 ...
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6259

Insider Activity: Cadence Bancorporation (CADE)

Director makes $50,000 buy. Last week, Richard Fredericks bought 3,105 shares of Cadence Bancorp (CADE), increasing his stake by 3 percent. He paid nearly $50,000. This brings his total stake in the company to nearly 108,000 shares. Other directors have been buyers, largely back in May. Insiders have been sellers of shares at prices at least 20-25 percent higher than where they currently trade. Cadence is a Houston-based bank that operates 66 offices in Texas, Alabama, Florida, Mississippi, Tennessee and Georgia. The bank ...
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6260

Unusual Options Activity: Caterpillar (CAT)

Big bet on shares declining in the next month. On Friday, a bearish bet on Caterpillar (CAT)led the options market for the size of unusual activity. Over 7,700 contracts traded on the August $128 put options, against an open interest of 123. That is a 62-fold surge in volume. With the share price around $134, shares will need to fall at least 4.5 percent for the option to trade in-the-money before the option expires on August 16th. Caterpillar is a global leader in ...
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6248

Buy Fast-Growing Companies Falling On Earnings Letdowns

There are a lot of ways to make money in the market. But even if you find that rare company that can move ten-fold and provide one of the best profits of your lifetime, that will take time.Most investors get impatient. Trading Tips’ Andrew Packer explains why you should be looking at blue-chip bargains ...
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6246

Unusual Options Activity: Targa Resources Group (TRGP)

Big bet on shares rallying through October. On Thursday, a large bet was made on shares of Targa Resources Group (TRGP) continuing its recent rally higher. Over 5,250 of the October $43 call options traded hands, against an open interest of 242—making for a 21-fold increase in volume. With a current share price around $40.50, this is a bet that shares will move at least 6 percent higher in the next 84 days. Targa is a storage and transport company for natural gas ...
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6244

Insider Activity: Roadrunner Transportation Systems (RRTS)

  Major holder adds to truck transportation company. On Thursday, Elliott International, LP, bought 1,866 shares of Roadrunner Transportation Systems (RRTS). While the total cost was under $20,000, Elliott already owns over 23,148,000 shares of the company— making them a major shareholder. The recent buy increases their holdings by 0.01 percent, the fund has been a repeat buyer of shares near current prices in prior months in the 1,500-8,000 share range. Roadrunner operates asset-light transportation and logistics services, primarily in the United States and ...
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