14619

Buy Companies that Regulators Slap on the Wrist

Today’s regulation heavy world means that companies are often in the spotlight. That can include for actual wrongdoing or perceived wrongdoing. Big companies tend to get hit with seemingly large fines. But for companies that are large enough, even a big fine amounts to little more than a slap on the wrist. Investors in these companies may see a few hits from time to time, but it’s also a sign that a company can handle fines and fees. One recent fine was ...
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14620

Insider Activity Report: SecureWorks Corp (SCWX)

Neil Gagnon, a major holder at SecureWorks Corp (SCWX), recently bought 6,725 shares. The buy increased his holdings by less than 1 percent, and came to a total cost of $45,967. Gagnon has been a regular and steady buyer of shares going back to June 2022. Going further back, several company insiders have also been buyers, including the company CEO and CFO. The last insider sale came from a fund that was a major holder in late 2021. Overall, insiders own ...
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14622

Unusual Options Activity: Coinbase (COIN)

Shares of cryptocurrency brokerage firm Coinbase (COIN) have surged over 60 percent in recent weeks amid talk of a bitcoin ETF being approved by the SEC. One trader sees a pullback in the weeks ahead. That’s based on the August $85 puts. With 35 days until expiration, 14,081 contracts traded compared to a prior open interest of 257, for a 55-fold rise in volume on the trade. The buyer of the puts paid $9.15 to make the bearish bet. Shares recently traded ...
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14613

Innovation Can Drive Profitability Higher

While most investors are focused on big tech names right now, conventional companies also benefit from today’s tech trends. Companies that can integrate new technologies can provide better service, and potentially even keep costs down. A company that has the lowest costs in the industry tends to have low profit margins. But it also has a big market share, as consumers are largely price-focused. That can still lead to great returns, especially as new technology improves profit margins. Retail isn’t known for ...
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14615

Insider Activity Report: The Children’s Place (PLCE)

Jane Elfers, President and CEO at The Children’s Place (PLCE), recently bought 43,000 shares. The buy increased her stake by 13 percent, and came to a total cost of $1.01 million. The buy came a week after a director bought 1,500 shares, paying $57,750. Over the past two years, insider activity has been a bit more mixed, with more sales than purchases. Elfers was a big seller of shares two years ago when shares traded 4 times higher. Overall, company insiders ...
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14617

Unusual Options Activity: WW International (WW)

Shares of weight management company WW International (WW) have more than doubled since the start of the year. One trader sees a further rally ahead for the stock in the coming weeks. That’s based on the August $10 calls. With 37 days until expiration, 5,398 contracts traded compared a to a prior open interest of 249, for a 22-fold rise in volume on the trade. The buyer of the calls paid $0.65 to make the bullish bet. WW shares recently traded for ...
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14606

Companies With Little Competition Offer Consistent Profits

Each industry is different. Some have many players. Others have just a few. Most industries should consolidate over time. When there are just a handful of players, competition becomes less fierce, as the remaining companies look to maintain their market share. That can create companies that remain consistently profitable over time. And when the market has an inevitable downturn for that sector, create a buying opportunity. Although the headlines show consumer spending slowing at stores, they’re still spending on other things, like ...
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14609

Insider Activity Report: Tri-Continental (TY)

Raghavendran Sivaraman, a portfolio manager at Tri-Continental (TY), recently added 3,000 shares. The buy represents an initial stake for the manager, and came out to a total cost of $81,211. This is the first insider activity at the company since March 2022, when another portfolio manger bought 2,000 shares, also a first-time stake. There have been no other buys, nor any insider sales, over the past two years. Overall, insiders own about 1 percent of the company. The asset management company has ...
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