17423

Insider Activity Report: Upbound Group (UPBD)

Jeffrey Brown, a director at Upbound Group (UPBD), recently bought 1,146 shares. The buy increased his stake by 1%, and came to a total cost of $33,245. Brown was the last buyer of shares with a 1,065 share pickup back in October, at a cost of just over $31,000. Three company EVPs were sellers of shares over the past year. Going further back, there was a similar mix of insider buys and sales. Overall, Upbound Group insiders own 11.4% of shares. The ...
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17425

Unusual Options Activity: Antero Midstream Corporation (AM)

Oil & gas company Antero Midstream Corporation (AM) is up 32% over the past year. One trader expects further gains into next year. That’s based on the January 2026 $20 calls. With 351 days until expiration, 9,388 contracts traded compared to a prior open interest of 228, for a 41-fold rise in volume on the trade. The buyer of the call paid $0.45 to make the bullish bet. Antero shares recently traded for just over $16, right at a 52-week high ...
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17415

This Financial Niche Should Continue to Perform Well

Over time, markets tend to trend higher, much like how the overall economy continues to move higher. And that should bode well for financial services, which help cater to a growing economy. That can include banks, although banks can be subject to market fears. Insurance companies tend to be steady performers, but increasing natural disaster risks are leading to some concerns there. That leaves asset management as an ideal niche for investors in financial stocks today. That’s best seen with BlackRock (BLK), ...
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17416

Insider Activity Report: Potbelly Corp (PBPB)

David Nierenberg, a major holder at Potbelly Corp (PBPB), recently bought 7,600 shares. The buy came to a total of $70,149, and increased his position by less than 1%. Other company insiders, including the CEO, CFO, and COO, were buyers in the past year, usually in amounts ranging from $8,000 to $25,000 at a time. There has been just one insider sale over the past year, from a company SVP who sold 8% of his stake. Overall, Potbelly Corp insiders own ...
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17419

Unusual Options Activity: Macy’s (M)

Department store chain Macy’s (M) sank to a new 52-week low, with shares down 22% over the past year. One trader sees further weakness into the summer. That’s based on the August $12 puts. With 210 days until expiration, 6,506 contracts traded compared to a prior open interest of 102, for a 64-fold rise in volume on the trade. The buyer of the puts paid $0.97 to make the bearish bet. Macy’s shares recently traded just under $14, so the stock would ...
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17411

This Rallying Asset Class Has Room to Run in 2025

Markets are off to a challenging start for 2025. Yet some asset classes are faring better than others. The commodity space, which fared relatively well in some respects, continues to thrive. For 2025, however, the early winner out of the gate has been the energy space. Oil prices have been pushing higher. That’s due to a combination of fears, including another round of sanctions against Russia. Further gains look likely in 2025. Given the prospect for strong returns after poor performance in ...
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17412

Insider Activity Report: Petmed Express (PETS)

Nina Capital Holdings, a major holder of Petmed Express (PETS), recently bought 25,000 shares. The buy increased the fund’s position by 1%, and came to a total cost of $124,375. The fund also made three buys in December, picking up 132,000 shares at a cost of over $700,000. A company director was also a buyer of 60,000 shares last December, paying over $324,000 to do so. Overall, Petmed Express insiders own 16.1% of shares. The online pet pharmacy is down 30% over ...
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17413

Unusual Options Activity: Bank of America (BAC)

Wall Street megabank Bank of America (BAC) is up 40% over the past year, far beating the overall market. One trader sees the stock trending even higher in the weeks ahead. That’s based on the February 7 $50 calls. With 22 days until expiration, 26,287 contracts traded compared to a prior open interest of 123, for a massive 214-fold rise in volume on the trade. The buyer of the calls paid $0.20 to make the bullish bet. Bank of America shares recently traded ...
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