Trading Tips Blog

Frederic Salerno, a director at Madison Square Garden Entertainment Corp (MSGE), recently bought 5,000 shares. The stake cost $206,250, and increased his position in the stock by 40%. This marks the first insider buy since June 2023, when a major holder bought 422,580 shares for about $10 million. Otherwise, company insiders, mostly the CEO, have been sellers of shares over the past two years, usually selling multiple millions of dollar’s worth of shares per transaction. Overall, MSGE insiders own 3.2% of ...
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Regional bank KeyCorp (KEY) is up over 50% in the past year, nearly double the returns of the overall stock market. One trader sees shares heading even higher in the coming weeks. That’s based on the September 20 $17.50 calls. With 24 days until expiration, 7,355 contracts traded compared to a prior open interest of 115, for a 64-fold rise in volume on the trade. The buyer of the calls paid $0.25 to make the bullish bet. KeyCorp shares recently traded for ...
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Since late 2022, AI-related stocks have been on a tear. The best returns have come from some of the largest companies by market cap. They’re able to move billions of dollars quickly into AI and adapt. Other companies have had to take a slower route. But that trend is starting to shift as the next stage of the AI boom expands. It’s likely that other companies will benefit more than big-cap names going forward. One potential play could be Broadcom (AVGO). The ...
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Robert Connor, a director at Dillard’s (DDS) recently bought 100 shares. The buy increased his stake by less than 1%, and came to a total cost of $34,682. This marks the first insider buy over the past two years. Other company directors have been sellers of shares this year, and a few company executives were sellers of shares in 2023 and 2022, at prices close to where the stock trades today. Overall, Dillard’s insiders own 31.7% of shares. The department store chain’s ...
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Fitness technology company Peloton Interactive (PTON) saw shares jump 35% on earnings last week. One trader is betting shares will be able to trend higher into early 2025. That’s based on the January 2025 $9.00 calls. With 144 days until expiration, 12,446 contracts traded compared to a prior open interest of 109, for a massive 114-fold increase in the trade. The buyer of the calls paid $0.34 to make the bullish bet. Peloton shares last traded near $4.50, meaning shares would need ...
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Shoppers love a bargain. With investors still contenting with higher prices thanks to years of above-average inflation, companies that cater to finding a bargain continue to post strong results. That’s especially true with apparel retail. Shoppers are more than willing to open up their wallets if they can get what looks like an exceptional bargain on clothes. And a few companies have a business model that allows them to thrive in this challenging environment. The industry leader for this trend is likely ...
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Liberty 77 Capital LP, a major holder of
Lions Gate Entertainment Corp (LGF-A), has made three buys so far this month, totaling over 2.6 million shares. The partnership has paid over $22 million to increase its stake. Liberty 77 also made four buys in July for nearly 2 million shares, and three buys in June for nearly 1 million shares. The company’s CEO was also a buyer of 100,000 shares back in March. Overall, Lions Gate insiders own 8% of shares, and ...
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Processed food business Kraft Heinz Company (KHC) has been rallying over the past few weeks, but is up just 5% over the past year. One trader sees shares pulling back over the coming weeks. That’s based on the September 20 $33.50 puts. With 28 days until expiration, 6,478 contracts traded compared to a prior open interest of 188, for a 35-fold rise in volume on the trade. The buyer of the puts paid $0.19 to make the bearish bet. Kraft shares recently ...
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