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Unusual Activity Report
This daily report focuses on three key components that can lead to market momentum: unusual options activity, insider buying, and institutional sponsorship. By scanning for these signals each day, we uncover potential stock movements driven by notable trades, insider transactions, and institutional investments. Using advanced algorithms and proprietary research methods, we sift through vast amounts of data to identify unique opportunities, offering timely insights highlighting emerging market momentum.
Disclaimer: All data and information presented in this report are sourced from publicly available materials intended for informational purposes only. The content is not a recommendation to buy or sell securities and should not be relied upon as financial advice. Readers are encouraged to conduct their own research before making any investment decisions.
Standout Options Trades
This section highlights notable options trades reflecting significant sentiment—bullish, bearish, or mixed—characterized by high-dollar-value transactions or large trade sizes exceeding prior open interest. When open interest rises from the previous day, it often indicates the creation of new positions rather than the closing of existing ones, suggesting a fresh outlook on the underlying stock or ETF.
For instance, call buying generally signals an expectation of upward movement, while selling calls suggest the trader anticipates the price will stay below a certain level. Put selling reflects confidence that the price will hold above the strike, implying stability. In contrast, put buying may reveal a bearish outlook or serve as a hedge against a larger bullish position elsewhere.
Note: This report highlights large, unusual options trades identified for their size and potential impact, representing individual sentiment rather than broad market consensus. These trades are informational and are not intended as buy or sell signals. They reflect noteworthy activity observed during the trading day and should be viewed as one part of a broader analysis.
QUALCOMM Incorporated (QCOM)
Sentiment: Bullish
Options Activity:
- Calls Bought: $23,372,087
- Calls Sold: $19,260,650
- Puts Bought: $62,150
- Puts Sold: $26,312
Total Values: Net Premium: $4,075,599
Strike Price: High call activity indicates positioning for a rebound or upside.
Expectations: Institutional buyers appear optimistic about QCOM’s near-term growth.
Insider Transactions
Each day, insider transactions provide insights into the movements of key executives and shareholders within various companies. These transactions can signal confidence in future performance or a need to liquidate holdings. Today’s report identified the most significant insider purchases and sales, highlighting influential figures and companies that made notable moves. Let’s take a look at some of today’s standout transactions.
US Insider Purchases
Nuveen Churchill Direct Lending Corp (NCDL)
Buyer: Kenneth J. Kencel (CEO & President)
Shares Purchased: 20,000 (+100.0%)
Price: USD 17.37
Total Value: USD 347,370
Lexaria Bioscience Corp (LXRP)
Buyer: Richard Christopher (Chief Executive Officer)
Shares Purchased: 22,828 (+inf%)
Price: USD 2.24
Total Value: USD 51,217
Tile Shop Holdings Inc (TTSH)
Buyer: Fund 1 Investments, LLC (Large Shareholder)
Shares Purchased: 14,000 (+0.2%)
Price: USD 6.67
Total Value: USD 93,327
Calyxt Inc (CLXT)
Buyer: Gerhard Prante (Non-Executive Director)
Shares Purchased: 2,300 (+3.3%)
Price: USD 4.46
Total Value: USD 10,258
US Insider Sales
Church & Dwight Co Inc (CHD)
Seller: Rick Spann (EVP, Chief Supply Chain Officer)
Shares Sold: 39,520 (-88.8%)
Price: USD 112.00
Total Value: USD 4,426,240
Woodward Inc (WWD)
Seller: Thomas G. Cromwell (EVP and COO)
Shares Sold: 10,000 (-46.5%)
Price: USD 179.54
Total Value: USD 1,795,400
Palo Alto Networks Inc (PANW)
Seller: Lee Klarich (EVP, Chief Product Officer)
Shares Sold: 19,858 (-8.3%)
Price: USD 388.15
Total Value: USD 7,707,942
Spirit Airlines Inc (SAVE)
Seller: John A. Bendoraitis (EVP and COO)
Shares Sold: 75,268 (-75.3%)
Price: USD 0.85
Total Value: USD 64,294
Coliseum Capital Management, LLC (UTI)
Seller: Coliseum Capital Management, LLC (Large Shareholder)
Shares Sold: 2,483,579 (-26.6%)
Price: USD 25.10
Total Value: USD 62,337,833
CDN Insider Purchases
Orogen Royalties Inc (OGN)
Buyer: Altius Minerals Corporation (10% Security Holder)
Shares Purchased: 3,127,400 (+Significant)
Price: CAD 1.35
Total Value: CAD 4,221,990
CAE Inc (CAE)
Buyer: Marc Parent (Director and Senior Officer)
Shares Purchased: 20,000 (+4.8%)
Price: CAD 32.93
Total Value: CAD 658,600
K-Bro Linen Inc (KBL)
Buyer: Linda Jane McCurdy (Director and Senior Officer)
Shares Purchased: 16,777 (+7.5%)
Price: CAD 31.10
Total Value: CAD 521,765
Amex Exploration Inc (AMX)
Buyer: André Shareck (Director)
Shares Purchased: 100,000 (+50.0%)
Price: CAD 1.16
Total Value: CAD 115,500
CDN Insider Sales
CAE Inc (CAE)
Seller: Marc Parent (Director and Senior Officer)
Shares Sold: 343,000 (-45.3%)
Price: CAD 32.70
Total Value: CAD 11,216,100
TransAlta Corp (TA)
Seller: John Harry Kousinioris (Director and Senior Officer)
Shares Sold: 65,000 (-11.5%)
Price: CAD 15.74
Total Value: CAD 1,023,100
Aritzia Inc (ATZ)
Seller: Jennifer Wong (Director and Senior Officer)
Shares Sold: 20,000 (-16.7%)
Price: CAD 46.50
Total Value: CAD 930,000
Metro Inc (MRU)
Seller: Simon Rivet (Senior Officer)
Shares Sold: 5,332 (-22.1%)
Price: CAD 91.88
Total Value: CAD 489,895
CES Energy Solutions Corp (CEU)
Seller: Anthony Michael Aulicino (Senior Officer)
Shares Sold: 30,000 (-2.8%)
Price: CAD 9.65
Total Value: CAD 289,500
Institutional Spotlight: Gamco Investors, Inc.
Gamco Investors, Inc., led by renowned portfolio manager Mario Gabelli, disclosed a total of 865 holdings in its latest filings, representing a portfolio value of approximately $9.77 billion. This figure excludes undisclosed cash holdings that would elevate their Assets Under Management (AUM). The firm’s investment strategy remains diverse, with top holdings including Herc Holdings Inc. (HRI), Mueller Industries, Inc. (MLI), Crane Company (CR), GATX Corporation (GATX), and Modine Manufacturing Company (MOD). These core positions underline Gamco’s confidence in the industrial and manufacturing sectors.
Recent portfolio adjustments highlight significant activity. Gamco introduced new positions in Innovex International, Inc. (INVX), Sirius XM Holdings Inc. (SIRI), Chuy’s Holdings, Inc. (CHUY), TE Connectivity plc (TEL), and Centuri Holdings, Inc. (CTRI). Among these, Innovex International (INVX) received notable attention, with a 2.32 million share investment valued at $34.01 million, marking it as a key new entrant.
The firm also demonstrated conviction in existing positions with strategic increases. Mueller Industries (MLI) saw a $225.60 million allocation, comprising 2.31% of the portfolio and reflecting a 0.25% increase in portfolio share. Similarly, Modine Manufacturing (MOD) experienced a $169.74 million investment, pushing its portfolio allocation to 1.74%, a 0.23% growth.
Other noteworthy increases include Herc Holdings (HRI), with a $227.32 million valuation (up 0.17% in portfolio share), and smaller but notable shifts in Sirius XM (SIRI), Standard Motor Products (SMP), and American Express (AXP). Increases in positions like Tredegar Corporation (TG) and Strattec Security Corporation (STRT) signal Gamco’s tactical focus on niche opportunities within diversified industries.
Sectorally, Gamco’s portfolio remains concentrated in areas such as Water Transportation (SIC 44), Insurance Agents, Brokers, and Services (SIC 64), and Stone, Clay, Glass, and Concrete Products (SIC 32). This sector emphasis aligns with broader market trends emphasizing infrastructure and industrial recovery.
Institutional Momentum Watchlists
Welcome to the Institutional Momentum Watchlist, an exclusive feature for our members. This list highlights stocks that have recently caught the attention of institutional investors, either through new purchases or significant additions. These stocks are selected based on promising technical setups that suggest potential momentum. Our systematic approach filters for opportunities where institutional sponsorship aligns with favorable technical conditions, offering a unique edge in your trading strategy. Keep an eye on this watchlist as we update it each weekend with the latest insights from the market.
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
US Institutional Momentum Watchlist
EXPORT – US – Institutional – 2024-11-30
AA, AAPL, AESI, AEYE, AFRM, AGX, ALL, AM, AMP, AMSC, AMZN, ANET, AOSL, APD, APLD, APO, APP, ARES, ARIS, ATMU, AXON, AXP, AY, BDC, BECN, BGNE, BK, BLFS, BLK, BN, BOX, BRBS, BROS, BTDR, BV, BWIN, BX, CAAP, CARG, CART, CCL, CEG, CHWY, CIEN, CIFR, CIO, CKPT, CLBT, CLM, CLS, CMI, CNK, CNTA, COHR, COOP, CORZ, CRDO, CRH, CTAS, CVNA, CW, DAL, DCTH, DECK, DLR, DTM, DUOL, EHC, ELDN, EME, EQH, ETN, EWTX, EZPW, FFIV, FI, FINV, FIX, FLUT, FNGS, FRHC, FTAI, FTNT, GILD, GKOS, GLBE, GLW, GMED, GOLF, GRND, GTES, GWRE, HD, HIMS, HLMN, HLT, HMN, HPE, HRI, HWM, IBKR, IBM, IESC, INOD, IP, IPI, IREN, ISRG, ITT, JCI, JHG, KAI, KGS, KKR, KMPR, KN, KTOS, KVYO, LAZ, LBTYA, LITE, LMB, MA, MAMA, MD, MGNI, MIR, MLNK, MMM, MOD, MP, MRCY, MRVL, MTSI, MTUM, MWA, NATL, NBXG, NCNO, NFLX, NN, NOW, NRG, NUTX, OFIX, OMF, ONON, OOMA, OUT, PCT, PFSI, PGR, PHX, PLTR, PLXS, PPC, PRAX, PRIM, PYPL, QFIN, QTWO, RBLX, RCL, RDW, REAL, REPL, REVG, ROAD, RSI, RTX, RYAN, SANM, SAP, SATX, SCHW, SFM, SHW, SLVM, SMR, SNDR, SNT, SPB, SPOT, SPXC, SR, SSO, STEP, SWI, TGLS, TGNA, TOST, TSLA, TT, TTD, TTWO, TVTX, UAL, UFPT, UNFI, UNH, VEON, VRT, VSCO, VST, VTV, VTWO, VUG, WAB, WCC, WIX, WLFC, WMT, WSM, WULF, XHB, XLF, YPF, ZBRA, ZWS
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional – 2024-11-30
AAUC.TO, AC.TO, ACO/X.TO, ADEN.TO, AG.TO, AGF/B.TO, AGI.TO, ALA.TO, AP/UN.TO, AQN.TO, ARG.TO, ARTG.V, ARX.TO, ATRL.TO, ATZ.TO, BAM.TO, BCT.TO, BDT.TO, BMO.TO, BN.TO, BNS.TO, BTO.TO, CAE.TO, CAS.TO, CCA.TO, CCO.TO, CEU.TO, CF.TO, CGY.TO, CHP/UN.TO, CIGI.TO, CJR/B.TO, CLS.TO, CM.TO, CNE.TO, CP.TO, CPX.TO, CRR/UN.TO, CTC/A.TO, CU.TO, CWB.TO, DBM.TO, DML.TO, DOL.TO, DPM.TO, DPRO.CA, DSG.TO, DXT.TO, EMA.TO, ENB.TO, ENGH.TO, EQB.TO, EQX.TO, EXE.TO, FC.TO, FCR/UN.TO, FFH.TO, FIL.TO, FM.TO, FSZ.TO, FURY.TO, GFL.TO, GLXY.TO, GRT/UN.TO, GWO.TO, HBM.TO, HITI.V, IAG.TO, IGM.TO, IMG.TO, ITR.V, KEY.TO, KMP/UN.TO, LAAC.TO, LAC.TO, LB.TO, LIF.TO, LSPD.TO, LUG.TO, MAG.TO, MDA.TO, MFC.TO, MG.TO, MI/UN.TO, MTL.TO, MTY.TO, NA.TO, NFI.TO, NGD.TO, NOA.TO, NVA.TO, NWH/UN.TO, NXE.TO, OGC.TO, OLA.TO, OR.TO, PAAS.TO, PET.TO, PHX.TO, PIF.TO, POU.TO, POW.TO, PRL.TO, PTK.V, PTM.TO, QBR/B.TO, RCH.TO, REI/UN.TO, RUS.TO, RY.TO, SIA.TO, SII.TO, SIL.TO, SLF.TO, SRU/UN.TO, SSRM.TO, STN.TO, T.TO, TA.TO, TCW.TO, TFII.TO, TFPM.TO, TOU.TO, TOY.TO, TRI.TO, TVE.TO, TXG.TO, VET.TO, VHI.TO, VNP.TO, WN.TO, WPK.TO, WPM.TO, WSP.TO, WTE.TO
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, explore the PDFs of the scanner results provided in the Daily Setups report. Until next time, happy trading!