Trading Tips Blog

SRS Investment Management bought 104,900 more shares of Avis Budget Group (CAR) recently. The buy upped the fund’s stake by a mere 0.6 percent despite a cost of $3.6 million. That’s thanks to the fund’s 18.3 million share stake in the car rental firm. This is the fund’s third buy so far this month. The fund has been an active buyer all year, at prices as much as 40 percent lower than where shares currently trade. A number of insiders have also ...
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At least one trader is betting that shares of alternative energy firm Bloom Energy (BE) will continue to trend higher in the next month. That’s based on the 11,805 contracts that traded on the December 18th $23 calls. That’s a 65-fold rise in volume from the prior interest of 181. With shares trading just under $22, the stock would only need to rally about 5 percent for the options to move in-the-money. The trader paid about $1.75 for the contracts, which expire ...
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Social media companies aren’t going away. The internet platforms continue to vie for viewers, as that in turn leads to advertising dollars and revenues. This big-buck business continues to find new ways to innovate. One such company is TikTok, which focuses on sharing short videos between users. Given the massive growth that platform has seen, it’s no surprise that other companies are joining in… and why that makes them an attractive buy. The biggest move comes as Snap (SNAP) looks to Read More About This

At least one trader is betting on a rally in Bed Bath & Beyond (BBBY) around the Black Friday holiday. That’s based on the December 4th $21 call option. Expiring in 10 days, the option saw over 6,850 contracts trade against a prior open interest of 214, for a 32-fold rise in volume. The buyer of the calls paid about $0.84 per contract. With shares just over $21, this is an at-the-money trade. The buyer will make a profit as long ...
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Michael LaPlante, Chief Accounting Officer at Bryn Mawr Bank (BMTC) recently picked up 1,500 shares. That represented his initial purchase of company shares. The buy came to just over $45,000. This follows on a buy the day before from the company CFO, who picked up 3,000 shares. That increased his stake to over 18,230 shares, and came to a price of just over $91,000. Insider data shows that insiders have only been buyers in the past year. Bryn Mawr bank is ...
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Retail companies have had a tough year. Big-box stores and companies in the e-commerce space have zoomed ahead of other players. Companies that rely on in-store sales and foot traffic, such as stores at malls, have fallen by the wayside. Yet with earnings season underway, and with the economy trending up again, a few names in the mall-based space are starting to look attractive. One bank even brazenly upgraded one such name right before it reported earnings! JPMorgan Chase upgraded shares of ...
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2020 has been a solid year for payment processing companies. From added contactless features to the inclusion of cryptocurrencies, it’s a space that’s showing tremendous innovation over the credit card networks or traditional banks. That’s led to some massivemoves higher in a number of stocks. One such rallying name has been an underperformer, but looks set to continue heading higher. That company is Fiserv (FISV). The merchant acquiring company for retailers is an essential e-commerce play, but one that hasn’t had the ...
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Christian Winkle, a director at Beazer Homes (BZH), recently bought 5,950 shares. The buy increased his holdings by 32 percent, and came to a total cost just over $82,000. This marks the first buy from insiders this year. The last insider buys occurred in 2019. Insiders have been large sellers of shares this year, including a large sale by a director in March when prices were near their panic lows. Strong home price and sales trends have allowed the homemaker to ...
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