Trading Tips Blog

John Holder, a director at Genuine Parts Company (GPC) recently picked up 2,200 shares. The buy increased his total holdings by over 20 percent, and cost the director just over $201,000. This is the second insider buy at the company this year, also from a director back in March. Insiders have been both buyers and sellers of shares over the past few years. Insiders own nearly 3 percent of the company. Genuine Parts Company distributes automotive and industrial parts and materials ...
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Steven Bateman, a director at Old Republic International (ORI), recently added 4,000 shares to his holdings. The buy increased his stake by nearly 10 percent and came to a total purchase price of just over $32,000. Insiders have been active buyers of shares throughout 2020, with no insider sales since 2019. Most of the buys have been from directors. This has pushed insider ownership up to just over 6 percent of the company. A diversified insurance company, Old Republic provides automobile ...
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Credit card companies have seen their shares bounce, but if consumers stop paying the bills, it’s a space that could be in for some trouble. Yet one trader still sees upside ahead for the sector with a bet on Visa (V). The bet? The September 2021 $200 calls. Over 16,900 contracts traded against a prior open interest of 453, for a 37-fold increase in volume. The trade, expiring in 323 days, will move in-the-money if shares rise about 10 percent from their ...
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Although shares of Microsoft (MSFT) dropped on Wednesday, the culprit wasn’t the company’s earnings. They were stellar. Rather, the reason was the overall decline in markets as traders moved to cash. That creates a buying opportunity, particularly as Microsoft continues to grow its market share in the cloud services space as well as in the gaming space. The company reports that Microsoft Teams has moved from 44 million users to 115 million… since March. It’s clear that the company has been ...
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At least one trader is betting that oil giant BP (BP) will head higher despite reporting its fifth-quarterly loss in a row on Tuesday. The trader bought the December 18th $15 call options, expiring in 51-days. The options are about $0.50 in-the-money and should move penny-for-penny higher with shares. The options saw over 10,700 contracts trade against a prior open interest of 432, a 25-fold rise in volume on the trade. The option buyer paid about $1.20 for the contract. With the ...
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One of the world’s biggest and best-known brands has been a laggard in today’s market. Now a lumbering behemoth, Coca-Cola (KO) has lagged the market and peers in the beverage and defensive consumer sectors. However, the company has announced that it’s trimming its lineup of products. And with the company’s massive global reach, it’s possible that a reopening will be huge for the company’s operations. That’s the view at Barron’s, with the note that shares of Coca-Cola have traded basically sideways ...
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Mark Oman, a director at specialty insurance company First American Financial (FAF), recently bought 4,000 shares. The buy increased his holdings by nearly 12 percent and came to a total cost of just over $191,000. The purchase marks the first buy from company insiders in years. Insiders have typically been sellers over the past three years, mostly by C-suite executives and not directors. Shares of the company have slid 22 percent in the past year, in spite of a 14.5 percent ...
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PPGM, a Netherlands-based public pension fund, just reported its latest securities holdings to the SEC. The fund scaled back on some of its tech trades, and also started a position in a video game company. The fund’s most interesting buy, however, came in the fintech space. The timing is especially interesting, as the sector has been seeing tremendous growth this year and embracing alternative currencies such as Bitcoin. The fund’s buy? PayPal (PYPL). That company made headlines last week when it ...
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