Insider Activity Report: Regions Financial (RF)
William Rhodes, a director at
Regions Financial (RF), just picked up 50,000 shares. The buy increased his holdings by over 1,000%, and came to a total cost of $968,500. This marks the first insider buy since last May, when another director bought 11,926 shares at a cost of $200,134. In the past year, there have been two insider sales from company executives, with the largest sale coming to a cost of just under $500,000. Overall, Regions insiders own 0.3% of shares. The ...
Read More About This
Regions Financial (RF), just picked up 50,000 shares. The buy increased his holdings by over 1,000%, and came to a total cost of $968,500. This marks the first insider buy since last May, when another director bought 11,926 shares at a cost of $200,134. In the past year, there have been two insider sales from company executives, with the largest sale coming to a cost of just under $500,000. Overall, Regions insiders own 0.3% of shares. The ...
Read More About This
Unusual Options Activity: SLM Corporation (SLM)
Student lending service company
SLM Corporation (SLM) is up 44% over the past year, roughly double the return of the S&P 500. One trader sees a potential pullback in the coming months. That’s based on the July $20 puts. With 80 days until expiration, 6,008 contracts traded compared to a prior open interest of 107, for a 56-fold rise in volume on the trade. The buyer of the puts paid $0.46 to make the bearish bet. SLM shares recently traded for just under ...
Read More About This
SLM Corporation (SLM) is up 44% over the past year, roughly double the return of the S&P 500. One trader sees a potential pullback in the coming months. That’s based on the July $20 puts. With 80 days until expiration, 6,008 contracts traded compared to a prior open interest of 107, for a 56-fold rise in volume on the trade. The buyer of the puts paid $0.46 to make the bearish bet. SLM shares recently traded for just under ...
Read More About This
This Oversold Commodity Is Finally Trending Higher
The commodity market moves to the beat of its own drum, usually reflecting specific supply and demand dynamics. A number of commodities have seen either a supply shock or rising demand in recent years. Those tend to be good for prices. Sometimes, however, commodities fall out of favor. For instance, declining demand for EVs has led to a big drop in lithium prices. Lithium is a key component for rechargeable battery technologies, and EVs are a big chunk of that demand. However, ...
Read More About This
Read More About This
Insider Activity Report: Mastercraft Boat Holdings (MCFT)
Coliseum Capital Management LLC, a major holder of
Mastercraft Boat Holdings (MCFT), recently bought over 200,000 shares in two transactions. The buy came to over $4.2 million. The fund was an active buyer of shares in March, buying $3.25 million. And last September, the fund bought nearly 280,000 shares for just over $6 million. Over that time, there has been only one insider sale, with a director selling less than $140,000 of shares. In total, Mastercraft insiders own 3.6% of shares, ...
Read More About This
Mastercraft Boat Holdings (MCFT), recently bought over 200,000 shares in two transactions. The buy came to over $4.2 million. The fund was an active buyer of shares in March, buying $3.25 million. And last September, the fund bought nearly 280,000 shares for just over $6 million. Over that time, there has been only one insider sale, with a director selling less than $140,000 of shares. In total, Mastercraft insiders own 3.6% of shares, ...
Read More About This
Unusual Options Activity: Palantir Technologies (PLTR)
Big data analytics company
Palantir Technologies (PLTR) has had a strong year, with shares up 180%. One trader sees shares trending higher in the coming weeks. That’s based on the May 17 $26.50 calls. The trade has 21 days until expiration, and 7,619 contracts just traded compared to a prior open interest of 147, for a 52-fold rise in volume on the trade. The buyer of the calls paid $0.40 to make the bullish bet. Palantir shares just traded for about $21.00, meaning ...
Read More About This
Palantir Technologies (PLTR) has had a strong year, with shares up 180%. One trader sees shares trending higher in the coming weeks. That’s based on the May 17 $26.50 calls. The trade has 21 days until expiration, and 7,619 contracts just traded compared to a prior open interest of 147, for a 52-fold rise in volume on the trade. The buyer of the calls paid $0.40 to make the bullish bet. Palantir shares just traded for about $21.00, meaning ...
Read More About This
The Best Investment Offense May Lay in this Defense Stock
With rising geopolitical tensions, investors have been pushing defensive names higher. That includes gold, which has hit new all-time highs. Oil has had some small spikes higher, but nothing major yet. One big winner from this rising trend is defense contractors. Military spending is likely to increase, both domestically and abroad, and major U.S. contractors will likely reap the largest benefits, especially those companies that also help supply American allies. In the defense space, aerospace contractor
Lockheed Martin (LMT) could see further gains ...
Read More About This
Lockheed Martin (LMT) could see further gains ...
Read More About This
Insider Activity Report: FNB Corp (FNB)
William Campbell, a director at
FNB Corp (FNB), recently bought 2,500 shares. The buy increased his position by 2%, and came to a total cost of $33,713. Campbell was the last insider buyer, with three buys in February, totaling 4,350 shares at the cost of over $125,000. Going further back, insider activity has been more mixed, although buyers have continued to outnumber sellers. The last insider sale occurred in February 2023. Overall, FNB insiders own 1.2% of shares. The Pittsburgh-based regional bank ...
Read More About This
FNB Corp (FNB), recently bought 2,500 shares. The buy increased his position by 2%, and came to a total cost of $33,713. Campbell was the last insider buyer, with three buys in February, totaling 4,350 shares at the cost of over $125,000. Going further back, insider activity has been more mixed, although buyers have continued to outnumber sellers. The last insider sale occurred in February 2023. Overall, FNB insiders own 1.2% of shares. The Pittsburgh-based regional bank ...
Read More About This
Unusual Options Activity: The Hershey Company (HSY)
Candy and confection producer
The Hershey Company (HSY) is down 30% over the past year. One trader sees the potential for further downside in the weeks ahead. That’s based on the June $195 puts. With 57 days until expiration, 6,675 contracts traded compared to a prior open interest of 166, for a 40-fold rise in volume on the trade. The buyer of the puts paid $12.25 to make the bearish bet. Hershey shares recently traded for about $187, meaning the options are about ...
Read More About This
The Hershey Company (HSY) is down 30% over the past year. One trader sees the potential for further downside in the weeks ahead. That’s based on the June $195 puts. With 57 days until expiration, 6,675 contracts traded compared to a prior open interest of 166, for a 40-fold rise in volume on the trade. The buyer of the puts paid $12.25 to make the bearish bet. Hershey shares recently traded for about $187, meaning the options are about ...
Read More About This
