Insider Activity Report: Delta Air Lines (DAL)
Willie Chaing, a director at
Delta Air Lines (DAL), recently bought 10,000 shares. The buy increased his position by 71%, and came to a total cost of $438,967. Chaing was the last buyer with a 10,000 share buy in May, representing an initial stake. Otherwise this year, a number of company executives have been sellers of shares. A director was a buyer of 20,000 shares in October last year, marking the last insider buy. Overall, Delta Air Lines insiders own 0.3% of ...
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Delta Air Lines (DAL), recently bought 10,000 shares. The buy increased his position by 71%, and came to a total cost of $438,967. Chaing was the last buyer with a 10,000 share buy in May, representing an initial stake. Otherwise this year, a number of company executives have been sellers of shares. A director was a buyer of 20,000 shares in October last year, marking the last insider buy. Overall, Delta Air Lines insiders own 0.3% of ...
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Unusual Options Activity: Dell Technologies (DELL)
Computer manufacturer Dell Technologies (DELL) is up 155% over the past year as surging AI demand is boosting computer sales. One trader sees a pullback ahead over the coming weeks.
That’s based on the September 20 $105 puts. With 64 days until expiration, 4,512 contracts traded compared to a prior open interest of 192, for a 24-fold rise in volume on the trade. The buyer of the puts paid $1.90 to make the bearish bet.
Dell shares recently traded for about $135, ...
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If You Can’t Beat ‘Em on Fees, Join ‘Em
Fees, surcharges, fines, taxes, and other add-ons are a perpetual annoyance. However, for investors, companies that are able to charge extra fees, or increase their fees substantially over time, may be on to something.
That’s because companies that can charge more and still keep their customers are likely on track to perform well as a business. And that means investors should be able to see increasing profits and a higher share price over time.
With earnings season underway, a big way banks ...
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Insider Activity Report: Rekor Systems (REKR)
Arctis Global, a major holder of Rekor Systems (REKR), recently added 2,275,000 shares to their position. The buy increased the fund’s holdings by 23%, and came to a total cost of $3,185,000.
This is the fund’s first buy since last August, when it picked up $1.16 million in shares. Otherwise, company executives have been buyers over the past year, including the company CEO. There have been no insider sales at Rekor over the last year.
Overall, company insiders own 6.4% of ...
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Unusual Options Activity: Valero Energy Corporation (VLO)
Oil and gas refining giant Valero Energy Corporation (VLO) is up 30% over the past year, slightly beating the S&P 500’s return. One trader sees shares trending higher through the end of the year.
That’s based on the December 20 $175 calls. With 156 days until expiration, 10,247 contracts traded compared to a prior open interest of 423, for a 24-fold rise in volume on the trade. The buyer of the calls paid $4.10 to make the bullish bet.
Valero shares recently ...
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Inflation or Not, Earnings Season Gets a Strong Setup
Earnings season for the second quarter of 2024 are underway. Earnings season gives individual stocks the most volatility, and for good reason. If traders are wrong about how a company’s performance is playing out, big moves can be made in shares.
Earnings season typically kicks off with data from the big Wall Street banks. They’ve seen extra scrutiny recently, thanks to the fact that inflation has remained high, as have interest rates.
Both tend to weigh on a bank’s profitability. While a ...
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Insider Activity Report: Lions Gate Entertainment (LGF)
Liberty 77 Capital LP, a major holder of Lions Gate Entertainment (LGF), continues to add to its stake. The fund recently bought 1,129,609 shares, increasing its holdings by 12%, at a cost of $9.95 million.
That follows up on three buys the fund made back in June. Going further back, between late 2022 and March 2024, company directors and insiders also bought shares. There have been no insider sales at Lions Gate over the past two years.
Overall, LGF insiders own ...
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Unusual Options Activity: Pan American Silver (PAAS)
Silver producer Pan American Silver (PAAS) is up 51% over the past year, more than double the return of the S&P 500. One trader is betting that shares will continue higher over the coming weeks.
That’s based on the August $30 calls. With 31 days until expiration, 12,601 contracts traded compared to a prior open interest of 100, for a 126-fold rise in volume on the trade. The buyer of the calls paid $0.13 to make the bullish bet.
Shares recently traded ...
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