17750

Insider Activity Report: Cracker Barrel Old Country Store (CBRL)

GMT Capital Corp., a major holder of Cracker Barrel Old Country Store (CBRL), recently bought 63,600 shares. The buy increased the fund’s position by 3%, and came to a total cost of $2.42 million. The buy came a week after the fund bought 105,900 shares, a 5% increase in holdings at a cost of $3.8 million. Otherwise, there has been one insider sale over the past two years, with the company’s President and CEO making a small sale. Overall, Cracker Barrel ...
Read More About This
|
17751

Unusual Options Activity: Google (GOOGL)

Search engine and tech giant Google (GOOGL) is now up less than 5% over the past year, following the recent market weakness. One trader sees shares making up for lost ground and rallying over the summer. That’s based on the October $215 calls. With 184 days until expiration, 14,133 contracts traded compared to a prior open interest of 282, for a 50-fold rise in volume on the trade. The buyer of the calls paid $1.56 to make the bullish bet. Google shares ...
Read More About This
|
17744

Long-Term Investors Will Benefit from Buying into Today’s Strong Trends

The fear of a recession has increased in recent weeks. Investors are uncertain over the impact of tariffs and trade policy on the economy. However, investors who buy companies that largely provide goods and services domestically should hold up far better. Most of today’s big trends still remain in place. As long as that holds, patient investors who buy great companies playing to long-term trends should be able to make good returns buying sold-off stocks today. For instance, utility companies tend to ...
Read More About This
|
17745

Insider Activity Report: Owens & Minor (OMI)

Coliseum Capital Management, a major holder of Owens & Minor (OMI), recently bought over 935,000 shares across two transactions. The buy increased the fund’s position by 4%, and came to a total cost of $7.3 million. The fund was a bigger buyer of shares in February, paying $27.8 million to increase their position by 17% back in February. Going further back, company insiders were largely sellers of shares, at substantially higher prices than where shares trade today. Overall, Owens & Minor ...
Read More About This
|
17747

Unusual Options Activity: Newmont Mining (NEM)

Gold exploration and production company Newmont Mining (NEM) has soared over 40% in the past year thanks to the strong performance of gold. One trader sees further gains going out into 2027. That’s based on the January 2027 $65 calls. With 640 days until expiration, 24,899 contracts traded, a 97-fold increase over the prior open interest of 257. The buyer of the calls paid $9.00 to make the bullish bet. Newmont recently traded for about $55, so shares would need to rally ...
Read More About This
|
17741

This High-Income Trade Is Also Looking at Growth

With stock market volatility on the rise and likely to persist, investors should think more defensively. That means looking for great companies to buy on big down days for the market. It can also mean taking a more income-oriented approach. That can include companies with low to moderate dividend yields with a history of increasing that payout over time, or companies with a high current yield. Either could help boost investor returns in today’s jittery markets. Plus, dividend stocks should perform well ...
Read More About This
|
17742

Insider Activity Alert: Wynn Resorts (WYNN)

Tilman Fertitta, a major holder at Wynn Resorts (WYNN), recently bought 400,000 shares. The buy increased his position by 3%, and came to a total cost of $27,872,500. Fertitta was the last buyer with a 16,500 share pickup back in March for $1.38 million. Two company directors were also buyers back in February. Going further over the past two years, Wynn insiders were sellers of shares at far higher prices than where the stock trades today. Overall, Wynn insiders own 21.6% ...
Read More About This
|
17743

Unusual Options Activity: Citigroup (C)

Wall Street megabank Citigroup (C) has been hit hard with the rest of the market in recent weeks, with the stock down 30% from recent highs. One trader sees further downside in the coming weeks. That’s based on the May $57.50 puts. With 32 days until expiration, 4,803 contracts traded compared to a prior open interest of 134, for a 36-fold rise in volume on the trade. The buyer of the puts paid $2.86 to make the bearish bet. Citigroup recently traded ...
Read More About This
|