Insider Trading : Fri 9/15/23

Notable purchases -- CFO adds to VSCO; notable sales -- SVP active in DOC

Buyers:

• ABCL Chief Operating Officer bought 20,000 shares at ~$5.19 worth more than $100K.
• FMC EVP, President, FMC Americas and Corporate Controller bought a total of 2,992 shares at $75.59 - $75.62 worth ~$226K.
• OFIX Director bought 7,500 shares at $13.46 - $13.48 worth ~$101K.
• VSCO CFO & CAO bought 20,000 shares at ~$17.1605 worth ~$343K.
• VTS Chief Financial Officer bought 10,000 shares at $22.64 to $23.35 worth ~$230K.

Sellers:

• AME Director sold 1,645 shares at $152.63 - $152.96 worth ~$251K.
• DOC SVP - Controller sold 22,322 shares at $13.47 worth ~$301K.
• EQT 10% owner sold 20,000,000 shares at ~$41.40 worth ~$828 mln.
• RBA Chief Product & Technology Officer sold 6,800 shares at $65.11 worth ~$443K.

Unusual Options Activity, Thur 5/18/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• MVIS May 3.5 calls are seeing interest with the underlying stock up 6% (volume: 4310, open int: 500, implied vol: ~159%, prev day implied vol: 78%). Co is expected to report earnings early June.
• EQT May 35 calls are seeing interest with the underlying stock up 4% (volume: 1860, open int: 260, implied vol: ~58%, prev day implied vol: 45%). Co is expected to report earnings late July.
• LAZR May 7 calls are seeing interest with the underlying stock up 4% (volume: 15.3K, open int: 2000, implied vol: ~80%, prev day implied vol: 78%). The stock is extending this week's gains after Chairperson, President & CEO disclosed the purchase of another 1,475,685 worth nearly $8.9 mln. Co is expected to report earnings early August.
  

Bearish Put Activity:

• NIO May 8.5 puts (volume: 8290, open int: 5770, implied vol: ~65%, prev day implied vol: 58%). Co is confirmed to report earnings June 9 before the open.
  
• FTCH Jun 4 puts are seeing interest ahead of earnings tonight after the close (volume: 2120, open int: 10, implied vol: ~97%, prev day implied vol: 92%). 2K traded in a single transaction.

Sentiment: The CBOE Put/Call ratio is currently: 0.94, VIX: (16.79, -0.08, -0.5%).

=EQT Corp. (EQT) reported earnings on Thur 15 Feb 2018 (b/o)

EQT Corp. beats by $0.53, beats on revs 

• Reports Q4 (Dec) earnings of $0.76 per share, excluding non-recurring items, $0.53 better than the Capital IQ Consensus of $0.23; revenues rose 197.9% year/year to $1.13 bln vs the $0.91 bln Capital IQ Consensus.
  • Adjusted earnings for the year-ended December 31, 2017, were higher primarily due to increased commodity prices and sales volume, partly offset by higher operating expenses. Adjusted cash flow for year-ended December 31, 2017, includes $183 million of transaction-related expenses.
• 2018 guidance 
  • Total production sales volume (Bcfe) 350 -- 360 in Q1,  1,520 -- 1,560 for FY18.

Rice Energy (RICE) to be acquired by EQT Corp. (EQT) for $6.7 billion

• oil and gas sector

   

  

Rice Energy and EQT (EQT) acquisition confirmed for total consideration of approximately $6.7 billion (RICE) EQT will also assume or refinance approximately $1.5 billion of net debt and preferred equity.. The transaction is expected to close in the fourth quarter of  2017, subject to customary closing conditions.

EQT Corp. (EQT)

Great trade : EQT (3/16)