16429

Insider Activity Report: Simon Property Group (SPG)

Eleven company directors at Simon Property Group (SPG) have acquired shares recently, with buys ranging from $3,346 to as much as $61,901. The company directors appear to be quarterly buyers, as similar purchases were made at the end of June. Going further back, the company directors have been steady buyers over the past two years, and the company CFO was also a buyer of $39,199 of shares back in late 2023.There have been no insider sales over the past two years. Overall, ...
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16430

Unusual Options Activity: Aurora Innovation (AUR)

Self-driving vehicle company Aurora Innovation (AUR) is up 167% over the past year, but have been pulling back from their 52-week high of $6.79 in recent weeks.. One trader sees the pullback continuing in the weeks ahead. That’s based on the November 15 $4.50 puts. With 35 days until expiration, 10,019 contracts traded compared to a prior open interest of 145, for a 69-fold rise in volume on the trade. The buyer of the puts paid $0.40 to make the bearish ...
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16418

Companies With Strong Brands May Thrive as Markets Shift Away from Tech

Investors have started to shift away from tech companies over the past few months. The trend is still an early one. It means that the Magnificent Seven stocks, which have led the market higher for nearly two years, may finally take a breather. In their place, other companies stand to help push the market higher. That includes companies with strong brands. Typically, these companies are worth owning for years. and will often stage strong rallies after a long period of underperformance. That ...
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16419

Insider Activity Report: Amrep (AXR)

James Dahl, a major holder at Amrep (AXR), recently added 1,800 shares. The buy increased his stake by less than 1%, and came to a total cost of $53,906. Dahl has made over 20 separate buys over the past year, and more going back to 2022 and 2023. Some buys have been in the $250,000 range, while others have been in the $5,000 range. One company VP has been a moderate seller of her shares this year. Overall, Amrep insiders own ...
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16420

Unusual Options Activity: Acadia Healthcare Company (ACHC)

Healthcare facility firm Acadia Healthcare Company (ACHC) is down 24% over the past year, amid slow health spending. One trader sees shares soaring higher into early next year. That’s based on the January 2025 $75 calls. With 99 days until expiration, 10,004 contracts traded compared to a prior open interest of 121, for an 83-fold rise in volume on the trade. The buyer of the calls paid $0.75 to make the bullish bet. Acadia shares recently traded for about $55, so they ...
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16413

Shifting Interest Rates Bode Well for This Niche Market Sector

Interest rates have started to decline, for the first time in four years, and after a hefty interest rate hike cycle. The bond market is starting to predict future rate moves, with the expectation that the half-point rate cut will slow down to quarter-point increments. No matter the speed, the direction of interest rates suggests that some sectors will benefit over the months ahead. And that being in the right sector to benefit from declining interest rates could see big returns. For ...
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16414

Insider Activity Report: Vail Resorts (MTN)

Angela Korch, CFO at Vail Resorts (MTN), recently bought 165 shares. The buy increased her stake by 8%, and came to a total cost of $28,561. Korch was the last buyer of shares in June, buying 575 shares, at a cost of $101,315. Otherwise, two company directors have been slight sellers of shares, and the company Chairman of the Board sold of $1.6 million of shares, or about 4% of his stake. Overall, Vail Resorts insiders own 1.5% of shares. The ski ...
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16416

Unusual Options Activity: XPeng Inc (XPEV)

China-based electric vehicle manufacturer Xpeng (XPEV), is down 22% over the past year, but shares have been trending higher in recent weeks. One trader expects the current rally to continue in the weeks ahead. That’s based on the November 8 $13.50 calls. With 30 days until expiration, 10,965 contracts traded compared to a prior open interest of 128, for an 86-fold rise in volume on the trade. The buyer of the calls paid $1.70 to make the bullish bet. Xpeng shares recently ...
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