Trading Tips Blog

Cascade Investments, a major owner at Republic Services Inc (RSG), recently bought 10,055 more shares. The buy came to just under $1 million, and increased the fund’s holdings by 0.01 percent. Cascade Investments is the fund managing the stock market investments of Bill Gates. This is the first insider buy since late 2018. Insiders have mostly been sellers since then, particularly C-suite executives. Among company insiders, less than 0.2 percent of shares are owned. Shares of the waste management company have ...
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Investing is often about reverting to the mean. After one asset soars higher, another is likely out of favor. That will generally change as traders book profits in one area and look for a new trend underway. A quiet trend has been going on with gold. Prices fell under $1,700 in early March, and have started to show some strength again. As investors look to alternatives to gold such as Bitcoin, the metal has gotten oversold, but is starting to move ...
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Gary Kiedaisch, a director at Purple Innovation (PRPL) recently picked up 5,000 shares. The buy increased his holdings by 12 percent and came to a total purchase price of $150,000. That’s the first insider buy at the company since March 2020. Insiders have typically been sellers over the past year, including a multimillion share sale from a prior major owner. Insiders at the company now own just under 0.5 percent of shares. That’s too bad, as those insiders missed out on ...
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Shares of finance company Capital One Financial (COF) have been in a steady uptrend for the past few months. One trader sees the potential for a continued rally higher. That’s based on the June 2021 $150 calls. With 76 days left to trade, and with shares near $130, shares would need to rise another 15 percent for the option to move in-the-money. Over 4,640 contracts traded, a 39-fold rise from the prior open interest of 119. The trader paid about $2.04 for ...
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While the pandemic caused a shift to working from home and made companies like Zoom Communications (ZM) a household name, other trends played out as well. Spending more time in the home, consumers started spending more on home goods. That’s a trend that looks likely to continue as the economy recovers and incomes rise. For those on the higher-end of the economic scale who were relatively unaffected, it bodes very well for high-end furnishing companies. One big player? Williams-Sonoma (WSM). The company ...
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Volkswagen Group, a major holder of QuantumScape (QS) made an additional 15.2 million share buy recently. That increased the company’s holdings by nearly 30 percent. The purchase price came to just over $100 million. The share buy occurred as the lithium-metal battery company met a technical milestone. This purchase by Volkswagen is the first insider transaction at the company. In total, all insiders at the company still retain over 30 percent of shares. Shares of QuantumScape went public last August via a ...
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Mineral ore producer Rio Tinto Group (RIO) saw shares double in the past year, going from $45 to $92, before a pullback starting in February. Now, one trader sees a rebound in shares. That’s based on the January 2022 $86.57 calls. Over 13,862 of the contracts traded, a 60-fold jump in volume from the prior open interest of 230. The trade expires in 292 days. The buyer paid about $4.60 for each contract. With shares near $78, the option will move in-the-money ...
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Alison Fairhead, a director at Oracle (ORCL), recently bought 10,242 shares. The buy came to just under $690,000 and increased her holdings by 173 percent. Insiders are typically overwhelmingly sellers at the company, as to be expected from a big cap tech company that generously issues options to executives. Over the past three years, the only other insider buys occurred in March 2020, right at the bottom of the pandemic selloff. Thanks to the large holdings by billionaire Larry Ellison, insiders still ...
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