9968

Insider Trading Report: Molson Coors Beverage Company (TAP)

James Winnefeld, a director at Molson Coors Beverage Company (TAP), recently picked up 1,000 shares. The buy increased his holdings at the firm by 18 percent, and came to a cost just under $37,000. This is the second insider buy at the company, following a 3,000 share buy from another director last month. Insiders have been sellers before then, with the last insider sale in March 2020. The most recent insider sales have all been at prices as much as 25-40 ...
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9970

Unusual Options Activity: Altice USA (ATUS)

At least one trader sees the potential for telecom company Altice USA (ATUS) to surge in the next year. That’s based on the large volume in the January 2022 $35 calls. Expiring in 441 days, the options will move in-the-money on a 19 percent rally higher in shares. Over 2,500 contacts traded against a prior open interest of 157, making for a 16-fold rise in volume. The trader paid $2.20 for the contract on average. Shares of the stock are already Read More About This
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9953

Unusual Options Activity: Alibaba (BABA)

At least one trader sees a huge rally ahead for Alibaba (BABA) following Monday’s drop. That’s based on the 15,017 contracts that traded on the October 2021 $380 call option. Against a prior open interest of 173 contracts, it’s a staggering 87-fold surge in volume. The option has nearly a year to expire. Based on the current share price near $297, shares would need to rally 30 percent higher for the option to move in-the-money. Shares of Alibaba dropped on Monday as ...
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9950

Divided Government is Great for This Sector (And We Already Gave You a Winning Trade)

With no “red wave” or “blue wave” creating a one-party government in Washington D.C., political elites will have to compromise to get anything done. That means that big, sweeping changes are off the table. That’s good for stocks in general. It’s great for companies that may be sensitive to changes in tax policy. But the real winner? Companies in the healthcare space. There is no political mandate to either greatly increase or decrease the government’s role there. That’s why the managed-care stocks ...
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9951

Insider Trading Report: Bed Bath & Beyond Inc. (BBBY)

Harriet Edelman, a director at Bed Bath & Beyond Inc. (BBBY), recently bought 7,500 shares. The buy increased her holdings by 36 percent, and came to a total cost of just under $150,000. This is the second buy from insiders this year following buys from two directors back in July. Those directors have already seen triple-digit returns thanks to the company’s strong performance in the past few months. The last insider sales were in early 2019. Shares of the company have ...
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9947

Insider Trading Report: International Business Machines (IBM)

Andrew Liveris, a director at International Business Machines (IBM), recently bought his first stake in the company, buying 2,655 shares. The buy came to a cost of just under $300,000. The buy comes on a cluster of director buys in the past week, amounting to nearly 20,000 shares. All in all, six directors have bought anywhere from $107,000 to $999,000 worth of shares at a time, marking the first insider buys since 2018. The insider buys come as the company has ...
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9945

In Any Thriving Industry, Buy the Suppliers

During a gold rush, the folks who went out to sift, mine, and hack away at the earth to find the yellow metal often don’t end up with much. The real winners? The suppliers. The folks who sell the pickaxes, shovels, and jeans. While that still applies to the mining sector, it applies to all sectors that need to be supplied. That can create some tremendous investment opportunities in unexpected places. One such player is Zebra Technologies (ZBRA). The company sells a ...
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9948

Unusual Options Activity: General Electric (GE)

At least one trader sees a massive surge higher in shares of General Electric (GE) this month. That’s based on the December 11th $8.50 calls. The option saw 956 contracts trade against a prior open interest of 107, for a nearly ten-fold rise in volume. With shares around $7.70, shares would need to rally about 10 percent for the trade to move in-the-money. The call buyer paid about $0.26 for the option. General Electric shares have been in rally mode in the ...
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