Insider Trading Report: Viatris (VTRS)
James Kilts, a director at
Viatris (VTRS), recently added 27,736 shares. The buy increased his holdings by nearly 75 percent, and came to a total cost of just under $500,000. This is the second insider buy of the year following another purchase from a director in August. There’s also been one sale this year. Insiders have been sellers at higher prices back in 2018 and 2019. The prior insider sales were likely from either Mylan or Pfizer, as those two companies shed ...
Read More About This
Viatris (VTRS), recently added 27,736 shares. The buy increased his holdings by nearly 75 percent, and came to a total cost of just under $500,000. This is the second insider buy of the year following another purchase from a director in August. There’s also been one sale this year. Insiders have been sellers at higher prices back in 2018 and 2019. The prior insider sales were likely from either Mylan or Pfizer, as those two companies shed ...
Read More About This
This Underperformer in the Streaming Wars Looks Attractive
After
Netflix (NFLX) was allowed to dominate the streaming world for nearly a decade, a number of media companies have belatedly created their own services to play on this growing space. The streaming wars have created a multitude of players. Unlike Netflix, most have operations in other areas outside streaming as well, which can create new opportunities in the post-Covid era. That’s particularly true for companies that have highly-profitable operations that can compliment their streaming activities. One such player is
Comcast (CMCSA). While still ...
Read More About This
Netflix (NFLX) was allowed to dominate the streaming world for nearly a decade, a number of media companies have belatedly created their own services to play on this growing space. The streaming wars have created a multitude of players. Unlike Netflix, most have operations in other areas outside streaming as well, which can create new opportunities in the post-Covid era. That’s particularly true for companies that have highly-profitable operations that can compliment their streaming activities. One such player is
Comcast (CMCSA). While still ...
Read More About This
Unusual Options Activity: FireEye (FEYE)
Shares of cybersecurity firm
FireEye (FEYE) dropped on news of a massive hack before turning around on Friday. At least one trader sees shares moving even higher. That’s based on the January 2021 $19 calls. With 25 days until expiration, over 21,100 contracts traded, a 121-fold rise in volume from the prior open interest of 174. The trader paid about $0.33 for the contracts. With shares jumping to $19 on Friday, the option has become the at-the-money trade. A 30 percent jump in shares ...
Read More About This
FireEye (FEYE) dropped on news of a massive hack before turning around on Friday. At least one trader sees shares moving even higher. That’s based on the January 2021 $19 calls. With 25 days until expiration, over 21,100 contracts traded, a 121-fold rise in volume from the prior open interest of 174. The trader paid about $0.33 for the contracts. With shares jumping to $19 on Friday, the option has become the at-the-money trade. A 30 percent jump in shares ...
Read More About This
Insider Trading Report: Southern National Bank of Virginia (SONA)
Dennis Zember, President and CEO of
Southern National Bank of Virginia (SONA), just increased his holdings by 200 percent. That came as a result of a 100,000 share buy, which cost the CEO just over $1.1 million. Insider data shows that company directors and C-suite executives alike have been buyers over the past three years. There have only been two sales from a major holder, a capital fund and not a director or executive. The Virginia-based bank provides regional banking services at ...
Read More About This
Southern National Bank of Virginia (SONA), just increased his holdings by 200 percent. That came as a result of a 100,000 share buy, which cost the CEO just over $1.1 million. Insider data shows that company directors and C-suite executives alike have been buyers over the past three years. There have only been two sales from a major holder, a capital fund and not a director or executive. The Virginia-based bank provides regional banking services at ...
Read More About This
The King of Semiconductors is Coiling for a Move Higher
Tech stocks have been a clear winner in the market, as they tend to be in most years. Looking to 2021, one major company in the semiconductor space looks poised to move higher.
That’s because shares have sat out the most recent rally, instead trading in a tight range the past few months. Like a coiling spring, when a move happens, it could be huge. That’s why at least one trader sees a big move higher.
The stock?
Nvidia (NVDA). The semiconductor giant, ...
Read More About This
Nvidia (NVDA). The semiconductor giant, ...
Read More About This
Unusual Options Activity: Citigroup (C)
Shares of megabank
Citigroup (C) have done well in the past few weeks during the last stock market surge. At least one trader sees that uptrend continuing in the next few weeks. That’s based on the January 2021 $63 call options. With 35 days until expiration, and with shares at $60, a 5 percent rally in shares would send the trade in-the-money. The trader paid about $1.54 for the options. The options saw over 2,100 contracts trade against a prior open interest of ...
Read More About This
Citigroup (C) have done well in the past few weeks during the last stock market surge. At least one trader sees that uptrend continuing in the next few weeks. That’s based on the January 2021 $63 call options. With 35 days until expiration, and with shares at $60, a 5 percent rally in shares would send the trade in-the-money. The trader paid about $1.54 for the options. The options saw over 2,100 contracts trade against a prior open interest of ...
Read More About This
Start Prepping For 2021 Trends with a Top Tech Play
For all the unexpected changes in 2020, a few sectors merely advanced goals that they thought would take years to complete. Major software companies shifted heavily towards work-from-home and other remote-work trends, allowing them to be top winners.
That trend may not be over yet. The shift this year looks set to solidify next year. And many of the top-performing stocks in the space this year are likely to be big winners next year as well.
Bank of America recently resumed coverage ...
Read More About This
Read More About This
Insider Trading Report: American Homes 4 Rent (AMH)
Wayne Hughes, a major holder at
American Homes 4 Rent (AMH), recently added to his stake with a 342,000 share buy. The buy came to just under $10 million, and increased the stake in the company by just under 2 percent. The buy comes as shares of the company have rebounded to all-time highs following a major drop in March. Company executives have been active insider traders the past few months, but entirely on the sell side. Overall, insiders own over 14 ...
Read More About This
American Homes 4 Rent (AMH), recently added to his stake with a 342,000 share buy. The buy came to just under $10 million, and increased the stake in the company by just under 2 percent. The buy comes as shares of the company have rebounded to all-time highs following a major drop in March. Company executives have been active insider traders the past few months, but entirely on the sell side. Overall, insiders own over 14 ...
Read More About This
