Insider Transactions

Digital payment processorPayPal Holdings (PYPL) is up over 10 percent from its 52-week low just a few weeks ago. One trader sees further upside ahead before the end of the year. That’s based on the December 29 $60 calls. With 42 days until expiration, 9,803 contracts traded compared to a prior open interest of 241, for a 41-fold rise in volume on the trade. The buyer of the calls paid $1.80 to make the bullish bet. PayPal shares recently traded for over ...
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Seifi Ghasemi, President and CEO of Air Products & Chemicals (APD), recently bought 11,000 shares. The buy increased the CEO’s stake by 2 percent, and came to a total cost of $2.9 million. The buy came a few days after a 10,000 share buy from the CEO, costing just over $2.5 million. Otherwise, there have been no other insider transactions this year. The company’s general counsel made two sales in 2022 and 2021. Overall, APD insiders own 0.4 percent of shares. The specialty ...
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Richard Davis, a director atWells Fargo (WFC), recently bought 3,500 shares. The buy increased his holdings by 470 percent, and came to a total cost of $144,270. This is the first insider buy since July 2022, when the company’s general council bought 97 shares for about $4,200. One other director made a small buy around the same time, also for less than 100 shares. A company vice president was a seller in February, otherwise, insiders have been fairly inactive. Overall, Wells Fargo ...
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John Rutherford, a director atEnterprise Products Partners (EPD), recently bought 10,000 shares. The buy increased his holdings by 7 percent, and came to a total cost just under $260,000. This is the first insider activity since August, when another director bought 50,000 shares, at a slightly higher price. Going back over the last two years, there have been over a dozen insider buys with no sales. Most of the buys have been directors, with a three from the CEO. Overall, company insiders ...
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Kristin Coleman, an Executive Vice President atAlbemarle (ALB), recently bought 1,373 shares. The buy came to a total cost just over $167,000 and doubled the executive’s stake. That’s the first insider activity since May, when a division president bought 1,260 shares, paying just over $246,000. Going further back, company insiders were sellers in the high $200 to low $300 range, and were buyers in early 2022 the last time shares were trading under $200. Overall, Albemarle insiders own 0.2 percent of shares. The ...
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Dirk Debbnik, a director atCincinnati Financial (CINF), recently bought 1,000 shares. The buy increased his stake by about 2 percent, and came to a total cost of $98,781. That buy comes about six weeks after another director also bought 1,000 shares. Company insiders have generally been buyers this year, with just one sale. Over the past two years, a similar number of consistent director buys far outpacing sales has been the case. Overall, company insiders own about 1.6 percent of shares. The insurance ...
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Patrick Gelsinger, CEO atIntel (INTC), recently added 6,775 shares. The buy increased his position by about 1 percent, and came to a total cost of $249,333. This is the first insider buy at Intel since August, when Gelsinger bought 3,850 shares. There have been some small insider buys and sells in the past few months, but overall, insiders have been big buyers of shares over the past two years. All told, Intel insiders own about 0.1 percent of shares. The chipmaker has been ...
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David Taylor, a director atDelta Air Lines (DAL), recently bought 20,000 shares in two 10,000 share buys. The first buy cost just under $331,000, and the second buy came to $307,500. The director was previously a buyer back in April, the last time shares also traded in the low $30 range before moving higher over the summer. Over the same time, several company executives were sellers when shares traded in the high-$30 to low-$40 range. Overall, Delta insiders own 0.3 percent of ...
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