Trading Tips Blog

James Ayers, a major holder of FB Financial Corporation (FBK), recently added 2,000 shares. The buy increased his holdings by less than 1 percent, and came to a total cost of $70,580. Ayers was the last insider buyer with a 6,500 share pickup last August, totaling just under $199,000. Ayers made a dozen buys last year. Two company directors have also bought shares in the past year, with one of them spending just over $401,000 in total. Overall, FB Financial insiders ...
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Offshore drilling service provider Transocean (RIG) is down 10 percent over the past year, amid a decline in energy prices. One trader sees a rebound in the months ahead. That’s based on the August $6 calls. With 205 days until expiration, 11,794 contracts traded compared to a prior open interest of 205, for a 58-fold rise in volume on the trade. The buyer of the calls paid $0.64 to make the bullish bet. Transocean recently traded for about $5.30, so shares would ...
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While the AI trend will likely keep some tech stocks jumping at times, other tech trends are also pushing one key part of the market. That’s the semiconductor space. Given the rise of technologies that require increasingly complex chips, it’s set to be a strong few years for the space. That includes hardware for AI programming. But it can also include hardware for ongoing smartphone sales and other, less exciting technology. One company is looking to grow faster than the rest of ...
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Berkshire Hathaway (BRK-A), a major holder of Liberty SiriusXM Group (LSXMA) recently added over 2.7 million shares in two transactions. The buy increased the company’s position by 10 percent, and came to a total cost near $85 million. That’s the first insider buy since August, when the company’s Chairman bought 140,000 shares for just under $5 million. Otherwise, there have been a few insider sales, including multiple company directors and the CEO. Overall, Liberty insiders own over 10.2 percent of shares, and ...
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Drug manufacturer Pfizer (PFE) has been in a steady downtrend for the past year. One trader is betting that downtrend will continue in the coming weeks. That’s based on the February 23 $26 puts. With 31 days until expiration, 14,207 contracts traded compared to a prior open interest of 154, for a 92-fold rise in volume on the trade. The buyer of the puts paid $0.28 to make the bearish bet. Pfizer shares recently traded for about $28, so they would need ...
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Wall Street is active with plenty of mergers and acquisitions. Even during economic downturns, some companies look to combine forces. However, history isn’t kind to most mergers. That’s because the acquiring company has to either issue a lot of stock or go into debt. Issuing too much stock dilutes shareholders. And adding on debt can reduce a company’s ability to deal with unforeseen circumstances. That’s why the end of a potential merger may actually be the best outcome for a company.. ...
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Thomas McHugh, CFO at Avadel Pharmaceuticals (AVDL), recently bought 2,000 shares. The buy increased his position by 3 percent, and came to a total cost of $29,000. The CFO was the last insider buyer with a 2,000 share pickup last August. Other company insiders, including multiple directors and the CFO have been buyers. One director with a large stake has been a seller in the past year. Overall, Avadel insiders own 4.3 percent of shares. The biopharmaceutical company has jumped 120 percent ...
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Mineral miner Rio Tinto Group (RIO) has lagged the market, losing 10 percent over the past year and sliding in recent weeks. However, one trader sees the potential for a rebound in the coming months. That’s based on the June $65 calls. With 153 days until expiration, 8,337 contracts traded compared to a prior open interest of 122, for a 68-fold rise in volume on the trade. The buyer of the calls paid $5.70 to make the bullish bet. Rio Tinto shares ...
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