Trading Tips Blog

Rachel Goldman, CEO at Paramount Gold Nevada Corp (PZG) recently picked up 15,000 shares. The buy doubled her stake in the firm, and came to a total price of just over $15,500. Insiders have been steady, incremental buyers of the gold mining venture over the past three years, upping their buys in early 2021. That includes both company insiders as well as major holders. Overall, insiders own nearly 22 percent of company shares. The gold mining stock is near 52-week lows, ...
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While earnings season has come in strong, a few misses have occurred. Within that group of stocks, some companies are likely to continue to struggle. Other firms, however, are demonstrating short-term issues that are likely to lead to higher prices in time. One such name in the latter category is American Express (AXP). Shares dropped on Friday as the company reported solid earnings with better-than-expected profits. The issue? The company’s revenues were a little on the low side. Overall, the company reported ...
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Earnings season is off to a strong start. Despite a few high-profile misses, most companies have beaten expectations. One company has had a series of better-than-expected numbers in the past year that’s about to report earnings once again. That company is Microsoft (MSFT). The tech giant has seen explosive growth in the past year thanks to a shift to remote work during the pandemic, and analysts are expecting revenue up 17 percent this quarter. Shares are at all-time highs, but are ...
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Gustavo Arnal, CFO at Bed Bath & Beyond (BBBY) recently picked up 20,000 shares. The buy increased his holdings by 7 percent, and came to a total purchase price of $509,000. He was joined by a director, Joshua Schechter, who bought 3,000 shares the same day, increasing his stake by 14 percent and paying just over $75,000. This adds to other insider purchases throughout 2020. The last insider sales at the company were in early 2019. Overall, insiders own about 6 ...
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Shares of Korean telecom firm KT Corporation (KT) are up over 25 percent since early February. One trader sees a potential move higher in the coming months. That’s based on the October $15 calls. Over 7,440 contracts traded against a prior open interest of 188, for a 39-fold rise in volume. Expiring in 176 days, the contract would move in the money if shares rose another $2 from their current price, or about 15 percent. The option buyer paid about $0.60 for ...
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Juliet Ellis, a director at APA Corp (APA) bought 4,545 shares last month. The buy increased her stake by 130 percent, and came to a total purchase price of $100,000. A company insider also sold shares around the same time, but throughout 2019 and 2020, all insider transactions at the company were bullish. Overall, company insiders own 0.3 percent of company shares. The oil and gas exploration company is up 115 percent over the past year, although shares have had a ...
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Shares of Netflix (NFLX) took a dive in after-hours trading on Tuesday as the company reported earnings. While earnings were fine, subscriber growth slowed to 208 million. That’s up 14 percent from a year before, but it’s also a sign that the boost at the start of the pandemic is starting to wear off. Despite the selloff, shares of Netflix were a top media play in the past year, edging out other companies that have also gotten into the streaming ...
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Shares of cosmetics company Coty (COTY) have nearly tripled since November, on expectations that a reopening economy will be good for cosmetics sales. One trader sees the potential for a move even higher. That’s based on the November $12 calls. Expiring in 211 days, over 9,100 contacts traded, an 81-fold rise in volume from the prior open interest of 112. The buyer of the options paid about $0.72 to make the trade. With shares around $8.60, shares will need to rise ...
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