14342

Insider Trading Report: Albemarle (ALB)

Kristin Coleman, General Council at Albemarle Corp (ALB), recently added 1,373 shares. The buy is a new stake for the executive, and came to a total cost of $249,886. She was joined by the company CEO, who bought 5,470 shares, increasing his stake by 12 percent, and paying just under $994,000 for the position. These two buys represent the first insider buys since February 2022. Otherwise, company insiders have been sellers of shares. Overall, insiders at the lithium company own about ...
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14343

Unusual Options Activity: C3.ai (AI)

Artificial intelligence software company C3.ai (AI) has had a strong year, with shares up nearly 29 percent as interest in the space has exploded higher. One trader sees shares moving lower in the weeks ahead as that interest potentially wanes. That’s based on the June $25 puts. With 36 days until expiration, 13,509 contracts traded compared to a prior open interest of 342, for a 40-fold rise in volume on the trade. The buyer of the puts paid $6.31. Shares recently traded ...
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14333

Companies That Use Debt Responsibly Can Offer Growth and Stability

Years of ultra-low interest rates made it easy for companies to issue debt at a low cost. As a bonus, companies could even deduct their interest payments for tax purposes. Today, with interest rates rising, it makes less sense for companies to take on debt. They would need a project with a high prospective return to justify the costs. So companies paying down debt rather than looking to add more or refinance at today’s relatively high rates may offer solid returns. One ...
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14335

Insider Trading Report: Akami Technologies (AKAM)

Thomson Leighton, CEO at Akami Technologies (AKAM), recently bought 642 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $50,061. The buy follows up on a 934 share buy made a few days before, at a cost of $75,122. And the CEO made 8 separate buys in April, most in the $50,000 range, with two buys in the $75,000 range. Overall, insiders own 1.8 percent of shares. The cloud services software company is ...
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14337

Unusual Options Activity: Rapid7 Inc (RPD)

Cybersecurity software company Rapid7 Inc (RPD) has seen shares rally more than 50 percent off of their lows set back in November. One trader sees a further rally in the months ahead. That’s based on the August $55 calls. With 100 days until expiration, 5,327 contracts traded compared to a prior open interest of 191, for a 28-fold rise in volume on the trade. The buyer of the calls paid $5.67 to make the bullish bet. Shares recently went for about $47, ...
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14328

Slow and Steady Companies Can Deliver Great Long-Term Results

While traders are often looking for a quick trade, many so-called investors are often looking for a stock that can move higher quickly. By focusing instead on companies that can deliver steady, long-term growth, however, they may fare better than getting on the wrong side of a growth story that goes bad. These long-term plays can often by found by being household names, which may indicate a strong brand. Or they may be dividend payers. Often, they’re both. One household name that ...
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14330

Insider Trading Report: Keurig Dr Pepper (KDP)

A cluster of insiders picked up shares of Keurig Dr Pepper (KDP) last week. That includes the company’s CFO, who bought 5,074 shares at a cost of $165,511. And the firm’s Chief Supply Chain Officer bought 12,000 shares, paying just under $394,000. The company’s R&D Officer bought 8,561 shares at a cost of $276,948. And finally, the company’s General Council topped them all with a 13,957 share buy costing $458,612. Overall, company insiders at the global beverage firm own about 35.6 ...
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14331

Unusual Options Activity: StoneCo (STNE)

Financial technology software company StoneCo (STNE) is up about 50 percent over the past year. However, one trader sees the potential for a big selloff by the end of the year. That’s based on the January 2024 $8 puts. With 255 days until expiration, 10,027 contracts traded compared to a prior open interest of 101, for a 99-fold jump in volume on the trade. The buyer of the puts paid $0.58 to make the bearish bet. The bet comes as shares ...
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