15657

Insider Activity Report: Roku (ROKU)

Jeffrey Blackburn, a director at Roku (ROKU), recently bought 8,000 shares. This is an initial stake for the director, and came to a total cost of $511,680. This marks the first insider buy over the past two years. Company executives have been regular and consistent sellers of shares, nearly always following the exercise of stock options. The largest sales have come from the company CEO, who exercised over $140 million in shares last year. Overall, Roku insiders own 0.7 percent of ...
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15659

Unusual Options Activity: JetBlue (JBLU)

Regional airline JetBlue (JBLU) has traded flat over the past year, far underperforming the overall stock market. One trader sees shares trending higher in the coming weeks. That’s based on the April 12 $7.50 calls. With 25 days until expiration, 12,135 contracts traded compared to a prior open interest of 168, for a 72-fold rise in volume on the trade. The buyer of the calls paid $0.23 to make the bullish bet. JetBlue shares recently traded for about $7.20, so the stock ...
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15651

Invest With Luxury as it Continues to Lead

Investors remain bullish, even as inflation remains stubbornly high. One sign that investors are content is with the spending on luxury goods. These areas don’t see as much of a drop during a recession, and during a boom they can fare quite well. Luxury trends show that we’re still in the boom. That’s good for most stocks trending higher today. It also means companies catering to high-income customers should continue to go on a tear. High-end retailer Williams-Sonoma (WSM) just soared ...
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15652

Insider Activity Report: Herbalife (HLF)

Juan Mendoza, a director at Herbalife (HLF), recently bought 10,921 shares. The buy increased his stake by 40 percent, and came to a total cost of $99,818. The buy came about three weeks after the company CEO bought 61,725 shares, paying $498,300 to do so. Over the last 12 months, three other directors have been buyers of shares in the six-figure range. One EVP sold about $100,000 of shares over the same time. Overall, Herbalife insiders own 3.1 percent of shares. The ...
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15653

Unusual Options Activity: The AES Corporation (AES)

Utility producer The AES Corporation (AES) is down 30 percent over the past year as higher interest rates have weighed on the sector. One trader sees shares trending higher in the coming weeks. That’s based on the April $16 calls. With 35 days until expiration, 5,378 contracts traded compared to a prior open interest of 127, for a 42-fold rise in volume on the trade. The buyer of the calls paid $0.60 to make the bullish bet. AES Corporation shares recently traded ...
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15647

Follow Long-Term Trends During Earnings Season

Investors looking for market-beating returns over a multimonth period can find plenty of opportunities during earnings season. That’s because many companies will often have a solid earnings season, but shares sell off. That could happen because the stock already rallied hard going into earnings. Or the market didn’t like what it heard on guidance. But over time, higher earnings should drive shares of a stock higher. With earnings season winding down, a few such trades remain. One of those is with department ...
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15649

Insider Activity Report: Landsea Homes (LSEA)

John Ho, CEO of Landsea Homes (LSEA), recently bought 17,241 shares. The buy increased his position by 4 percent, and came to a total cost of $199,996. He was joined by the company COO, who made a similar buy. Three company directors also bought shares around the same time, with one picking up $100,000 and two others buying under $30,000. Insiders were largely buyers in the first half of last year, but were generally sellers in the second half. Overall, Read More About This
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15650

Unusual Options Activity: Cameco (CCJ)

Uranium producer Cameco (CCJ) is up 60 percent over the past year. But shares are down about 20 percent in the past month. One trader sees shares resuming their uptrend in the coming months. That’s based on the September $48 calls. With 190 days until expiration, 10,094 contracts traded compared to a prior open interest of 159, for a 63-fold rise in volume on the trade. The buyer of the calls paid $3.40 to make the bullish bet. Cameco recently traded for ...
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