14686

Insider Activity Report: Lennar (LEN)

Amy Banse, a director at Lennar (LEN), recently bought 790 shares. The buy increased her stake by 12 percent, and came to a total cost of $99,872. The buy comes a month after she picked up 165 shares, paying just over $20,000 to do so. Over the past two years, a few company officers have been sellers of shares, including a few officers at the VP level who sold over $1 million in a single transaction. Overall, company insiders own ...
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14687

Unusual Options Activity: General Motors (GM)

Automobile manufacturer General Motors (GM) has been rangebound over the past year, and shares appear to be trending down once again. One trader is betting shares will further decline from here in the coming weeks. That’s based on the August 18 $35.50 puts. With 22 days until expiration, 5,802 contracts traded compared to a prior open interest of 129, for a 45-fold rise in volume on the trade. The buyer of the puts paid $0.31 to make the bearish bet. Shares recently ...
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14678

There’s Always a Value Play in a Growth Trend

This year’s market returns have been heavily driven by companies working on artificial intelligence (AI). That includes big tech companies in the hardware and software space, as well as smaller companies with a hyperfocus on the new technology. While that trend is playing out, the market has picked the top players in the space, even with dozens of companies working on the trend. Investors who buy into these lesser-liked stocks can benefit from the long-term trend of AI, while also getting ...
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14680

Insider Activity Report: Safety Insurance Group (SAFT)

Srb Corp, a major holder of Safety Insurance Group (SAFT), recently added 32,384 shares. The buy came to a total of $2.17 million, and increased the fund’s position by 2 percent. Srb has been a regular and consistent buyer of shares since May, with eight buys in the past three months. Going back further, last year saw company insiders, including both directors and officers, sell small parts of their holdings. Overall, company insiders own 4.2 percent of shares, and institutions such ...
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14683

Unusual Options Activity: Meta Platforms (META)

Social media provider Meta Platforms (META) has more than tripled off of last year’s lows. One trader sees the rally continuing into 2025. That’s based on the January 2025 $550 calls. With 541 days until expiration, 5,032 contracts traded compared to a prior open interest of 167, for a 30-fold rise in volume on the trade. The buyer of the calls paid $9.95 to make the bullish bet. Meta recently traded for just over $290, so shares would need to rally another ...
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14669

Boring Companies Could Give Your Portfolio Safety and Growth Now

One of the truisms about investing is that holding shares of companies with steady, but low growth over time can lead to good results. While it may lack the excitement of getting into a top tech trend, having a few stocks of boring companies can round out a portfolio. These companies can include any good or service, but typically the most boring companies offering great returns will provide a service to businesses rather than having a consumer-facing operation. For instance, most consumers ...
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14672

Insider Activity Report: MillerKnoll (MLKN)

Michael Volkema, a director at Millerknoll (MLKN) recently added 13,584 shares. The buy increased his position by 7 percent, and came to a total cost of $230,426. He was joined by 3 other directors, who bought on the same day at different prices. The smallest insider buy came to just under $21,000. Company executives have been buyers in the past year as well, with MillerKnoll’s President and CEO picking up shares last October, at a price near that of today’s. Overall, Read More About This
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14674

Unusual Options Activity: Axos Financial (AX)

Nevada-based bank Axos Financial (AX) is now up for the year, as shares have recovered following the bank stock selloff in the spring. One trader sees shares trending lower in the weeks ahead. That’s based on the August $40 puts. With 24 days until expiration, 5,056 contracts traded compared to a prior open interest of 131, for a 39-fold rise in volume on the trade. The buyer of the puts paid $0.75 to make the bearish bet. Axos shares recently went for ...
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