16090

Insider Activity Report: GameStop (GME)

Lawrence Cheng, a director at GameStop (GME), recently bought 4,140 shares. The buy increased his stake by 6%, and came to a total cost of $102,879. Cheng was the last insider to buy, with a 10,000 share pickup back in April, paying just over $112,000. A few company insiders have been slight sellers of shares over the past few months. The highest share sale came in at $26 per share, even as shares have had a push to $60 per share. Read More About This
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16091

Unusual Options Activity: Morgan Stanley (MS)

Investment bank Morgan Stanley (MS) is up 20% over the past year, slightly lagging the overall stock market. One trader sees shares heading far higher in the months ahead. That’s based on the October $120 calls. With 98 days until expiration, 4,009 contracts traded compared to a prior open interest of 124, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.64 to make the bullish bet. Morgan Stanley shares recently traded for about $103, meaning ...
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16080

AI Could Take this Company to Greater Heights

Somehow, the artificial intelligence trend is here to stay. Most tech trends often fizzle out somewhat quickly. But with many companies insisting that AI is the real deal, and investing accordingly, it’s clear we’re in the early stages of a long-term tech trend like the rollout of the internet, even if it will take some time. One sign that we could see a continuation is that some major laggards in the AI space are now poised to take the trend further ...
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16083

Insider Activity Report: Tamboran Resources Corporation (TBN)

Eric Dyer, CFO of Tamboran Resources Corporation (TBN), recently bought 2,500 shares. The buy increased his stake by 4%, and came to a total cost of $60,000. He was outdone by the company COO, who bought 15,000 shares, increasing his position by 17%, paying $360,000 for the stake. A company director also recently bought 8,300 shares, for just over $199,000. Insiders have been buyers since the company reorganized and listed on the Nasdaq. Overall, company insiders own 0.2% of shares. Since going ...
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16086

Unusual Options Activity: Camtek (CAMT)

Semiconductor inspection and metrology equipment producer Camtek (CAMT) is up over 307% in the past year amid surging interest in chip stocks. One trader sees shares trending even higher over the next few months. That’s based on the November $135 calls. With 127 days until expiration, 5,050 contracts traded compared to a prior open interest of 122, for a 41-fold rise in volume on the trade. The buyer of the calls paid $18.86 to make the bullish bet. Camtek shares recently traded ...
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16073

This Summer Trend Could Make a Comeback

While the world is always changing, there are many cyclical trends that play out while that happens. Commodities move on a long cycle, but tend to have years of a bullish uptrends before years of pulling back. It’s common for stocks to rise at the start of the year, then pull back a bit over the summer. This summer, one market sector that hasn’t gotten much interest is starting to go back to its historical trend. That trend is the movie theater ...
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16076

Insider Activity Report: Noble Corporation (NE)

Aphm Invest, a major holder of Noble Corporation (NE), recently added 300,000 shares. The buy increased the fund’s stake by 1%, and came to a total cost of $13.2 million. This is the fund’s second buy of the year, following a 192,156 share pickup back in May, for just over $8.9 million. The company’s CFO also bought nearly 2,000 shares in March, for just under $96,000. Otherwise, most insiders have been sellers over the past two years. Overall, Noble insiders own ...
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16077

Unusual Options Activity: The Toronto-Dominion Bank (TD)

Canadian bank The Toronto-Dominion Bank (TD), is down nearly 10% over the past year as relatively high interest rates have weighed on loan growth. One trader sees shares trending higher into next year. That’s based on the January 2025 $57.50 calls. With 191 days until expiration, 5,090 contracts traded compared to a prior open interest of 138, for a 37-fold rise in volume on the trade. The buyer of the calls paid $2.15 to make the bullish bet. TD shares recently traded ...
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