Notable Tuesday Option Activity: HUBG, IMAX, AAPL

Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 5.45MM shares of Porch Group Inc (PRCH). This represents 5.4% of the company. In their previous filing dated February 4, 2022 they reported 5.12MM shares and 5.20% of the company, an increase in shares of 6.55% and an increase in total ownership of 0.20% (calculated as current - previous percent ownership).

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Walmart Inc (Symbol: WMT), where a total volume of 23,318 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.2% of WMT's average daily trading volume over the past month, of 5.4 million shares. Particularly high volume was seen for the $144 strike call option expiring February 03, 2023, with 1,337 contracts trading so far today, representing approximately 133,700 underlying shares of WMT. Below is a chart showing WMT's trailing twelve month trading history, with the $144 strike highlighted in orange:

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:. Culp CULP is a manufacturer, marketer, and seller of mattress fabrics and upholstery fabrics. The Zacks Consensus Estimate for its current year earnings has been revised 24.5% downward over the last 60 days. Canada Goose GOOS...

Universal said on February 1, 2023 that its board of directors declared a regular quarterly dividend of $0.79 per share ($3.16 annualized). Shareholders of record as of April 6, 2023 will receive the payment on May 1, 2023. Previously, the company paid $0.79 per share. At the current share price...

A look at the weighted underlying holdings of the Invesco S&P 500 Equal Weight Communication Services ETF (Symbol: EWCO) shows an impressive 13.9% of holdings on a weighted basis have experienced insider buying within the past six months. Charter Communications Inc (Symbol: CHTR), which makes up 4.26% of the Invesco...

Fintel reports that Pride Aggregator has filed a 13G/A form with the SEC disclosing ownership of 112.18MM shares of Paycor HCM, Inc. (PYCR). This represents 63.79% of the company. In their previous filing dated February 11, 2022 they reported 127.36MM shares and 73.01% of the company, a decrease in shares...

Things have gotten worse for Intel (NASDAQ:INTC) following the release of unimpressive Q4 results that preceded a solid AMD (NASDAQ:AMD) quarter. Indeed, AMD's strength is giving INTC some trouble. Despite the magnitude of Intel stock's decline, I still don't think there's much value to be had at these depths. Like many analysts covering Intel, I am neutral.

Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 18.30MM shares of NetApp Inc. (NTAP). This represents 8.5% of the company. In their previous filing dated February 7, 2022 they reported 18.50MM shares and 8.30% of the company, a decrease in shares of 1.06% and an increase in total ownership of 0.20% (calculated as current - previous percent ownership).

Microchip Technology said on February 2, 2023 that its board of directors declared a regular quarterly dividend of $0.36 per share ($1.43 annualized). Shareholders of record as of February 17, 2023 will receive the payment on March 7, 2023. Previously, the company paid $0.33 per share. At the current share...

Fintel reports that State Street has filed a 13G/A form with the SEC disclosing ownership of 0.95MM shares of Eagle Pharmaceuticals Inc (EGRX). This represents 7.31% of the company. In their previous filing dated February 11, 2022 they reported 0.71MM shares and 5.48% of the company, an increase in shares...

Fintel reports that BlackRock has filed a 13G form with the SEC disclosing ownership of 12.16MM shares of Nordic American Tanker Ltd (NAT). This represents 5.8% of the company. In their previous filing dated March 9, 2022 they reported 9.59MM shares and 5.00% of the company, an increase in shares...

Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 15.21MM shares of BioMarin Pharmaceutical Inc. (BMRN). This represents 8.2% of the company. In their previous filing dated March 11, 2022 they reported 14.02MM shares and 7.60% of the company, an increase in shares of...

Powell Industries said on January 31, 2023 that its board of directors declared a regular quarterly dividend of $0.26 per share ($1.05 annualized). Shareholders of record as of February 14, 2023 will receive the payment on March 15, 2023. Previously, the company paid $0.26 per share. At the current share...

Below is Validea's daily guru fundamental report for TELEFLEX INCORPORATED (TFX). Of the twelve guru strategies we follow, TFX rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.

Fintel reports that State Street has filed a 13G/A form with the SEC disclosing ownership of 6.79MM shares of Coherus Biosciences Inc (CHRS). This represents 8.72% of the company. In their previous filing dated February 9, 2022 they reported 3.82MM shares and 4.98% of the company, an increase in shares...

Fintel reports that Upmc has filed a 13G/A form with the SEC disclosing ownership of 5.91MM shares of Evolent Health Inc (EVH). This represents 5.84% of the company. In their previous filing dated February 9, 2018 they reported 6.43MM shares and 8.60% of the company, a decrease in shares of 8.18% and a decrease in total ownership of 2.76% (calculated as current - previous percent ownership).

Solar Capital said on February 2, 2023 that its board of directors declared a regular monthly dividend of $0.14 per share ($1.64 annualized). Shareholders of record as of February 15, 2023 will receive the payment on March 1, 2023. Previously, the company paid $0.14 per share. At the current share...

BP (BP) closed at $35.15 in the latest trading session, marking a -0.14% move from the prior day. This change was narrower than the S&P 500's 1.04% loss on the day. Meanwhile, the Dow lost 0.38%, and the Nasdaq, a tech-heavy index, lost 5.88%. Prior to today's trading, shares of...

Fintel reports that State Street has filed a 13G/A form with the SEC disclosing ownership of 0.83MM shares of Kaiser Aluminum Corp. (KALU). This represents 5.19% of the company. In their previous filing dated February 11, 2022 they reported 0.87MM shares and 5.46% of the company, a decrease in shares...

Fintel reports that Westfield Capital Management Co has filed a 13G/A form with the SEC disclosing ownership of 4.11MM shares of Innoviva Inc (INVA). This represents 5.88% of the company. In their previous filing dated February 1, 2022 they reported 3.68MM shares and 5.30% of the company, an increase in...