16167

Insider Activity Report: Norfolk Southern Corp (NSC)

Richard Anderson, a director at Norfolk Southern Corp (NSC), recently bought 2,000 shares. The buy increased his stake by 200%, and came to a total cost of $494,960. Insiders were previously buyers in June, when a company director bought 2,000 shares for $438,500. And a cluster of company directors bought in May, with the largest buy coming to just under $1.25 million. Year-to-date, there have been only two insider sales, one of which occurred following the exercise of stock options. Overall, Read More About This
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16168

Unusual Options Activity: Transocean (RIG)

Offshore oil and gas services company Transocean (RIG) is down over 30% in the past year. One trader is betting shares will stabilize and potentially even head higher through the end of 2026. That’s based on the December 2026 $3.00 calls. With 865 days until expiration, 10,699 contracts traded compared to a prior open interest of 128, for an 84-fold rise in volume on the trade. The buyer of the calls paid $3.15 to make the bullish bet. Transocean shares trade for ...
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16163

Don’t Overlook Great Companies as Earnings Season Continues

This latest earnings season has given investors more insight into the roll out of AI technologies. Some companies are able to show big revenues and profits from rolling out AI. Others are starting to show signs of stalling out, slowing down, or simply not growing as fast as expected. Either way, that’s creating an opportunity for investors to separate great companies from the mediocre ones. And to determine which companies are best likely to rally in the challenging months ahead. One big ...
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16164

Insider Activity Report: Lamb Westin Holdings (LW)

William Jurgensen, a director at Lamb Westin Holdings (LW), recently bought 10,000 shares. The buy increased his position by 6%, and came to a total cost of $554,291. He was joined by another director who bought 5,000 shares, at a cost of $277,476. These are the first insider transactions of 2024. The last insider activity was last October, with a buy for 3,000 shares. Going further back in 2023 and 2022, insiders were more likely to be sellers. Overall, Lamb Westin ...
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16165

Unusual Options Activity: Public Service Enterprise Group (PEG)

Electric and gas utility company Public Service Enterprise Group (PEG) is up 23% over the past year. One trader is betting the utility will trend even higher in the second half of the year. That’s based on the December 20 $82.50 calls. With 140 days until expiration, 7,000 contracts traded compared to a prior open interest of 113, for a 62-fold rise in volume on the trade. The buyer of the calls paid $3.40 to make the bullish bet. PEG shares recently ...
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16158

The Beat-and-Raise Stocks Are the Clear Winners This Earnings Season

Earnings season is underway. And this quarter, companies that miss on expectations are getting hit harder than average. However, companies that beat expectations are being rewarded above average. And for companies that aren’t only beating on earnings, but are raising their expectations for the full-year, that trend is even better. As investors demand to see results from companies this quarter, those who can deliver are in great shape. That includes payment company PayPal (PYPL). Shares popped higher after the company beat ...
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16159

Insider Activity Report: Kaiser Aluminum Corp (KALU)

Keith Harvey, President and CEO of Kaiser Aluminum (KALU), recently bought 2,588 shares. The buy increased his position by 3%, and came to a total cost of $199,871. This marks the first insider buy over the past two years. Otherwise, company insiders have been occasional sellers of shares, with the company CFO selling shares on a regular basis in 2022 and 2023. There was only one sale this year, by a SVP, back in May, when Kaiser traded over 20% higher. Overall, ...
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16162

Unusual Options Activity: Intel (INTC)

Chipmaker Intel (INTC) is down 14% over the past year, underperforming the chip space as a whole. One trader sees a further decline in the weeks ahead. That’s based on the August 23 $26 puts. With 22 days until expiration, 18,424 contracts traded compared to a prior open interest of 109, for a massive 169-fold rise in volume on the trade. The buyer of the puts paid $0.28 to make the bearish bet. Intel shares recently traded for just over $30. Shares ...
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