Dave & Buster’s Entertainment Inc

Insider Buying Week 12-13-24 When does the Hammer Come Down?

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I’d like to say I saw something last week that was sexy and showed a lot of potential.   Maybe I’m missing it and its staring right at you but you have to rely on more than insider buying to validate your purchase. I said that to myself and despite that I bought the management line that Dave and Busters didn’t need revenue growth but could rely on more efficient operations. Then the CEO quits two months later for a better job? Class action attorneys, you can include me on your mailer. Market momentum stalled last week. The 10-year Treasury sold … Read more

Insider Buying Week 07-05-24 Biden in Freefall and Stellantis Doubles Down on Archer Aviation

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For now, the stock market seems to like the idea of a Trump presidency, as the Biden campaign and Democrats spiraled precariusly lower like a helicopter crash landing. Name: Robert Holmes Swan Position: Director Transaction Date: 2023-06-28 Shares Bought: 2,941 Average Price Paid: $77.02 Cost: $226,516 Company: NIKE Inc. (NKE) Nike, Inc. was founded in 1964 and is based in Beaverton, Oregon. Nike, Inc. and its subsidiaries create, develop, market, and sell athletic footwear, clothes, equipment, accessories, and services worldwide. The company sells sports and casual footwear, clothes, and accessories under the Jumpman brand, as well as casual sneakers, apparel, … Read more

Insiders Boycott Record S&P 500 Run

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Insiders have for the most part boycotted this ~14% S&P bull run from the October lows to this January’s 4% advance MTD. There were hardly any meaningful insider buys.  Yes, there were a few 10% holder purchases, but these are mostly hedge funds that have shown remarkably bad judgment.  For the most part, they look like they are just averaging down.   Name: Antonio Pineiro Position: SVP Chief Int’l Dev Ofc Transaction Date: 2023-01-13 Shares Bought: 3,000 Average Price Paid: $42.54 Cost: $127,632 Company: Dave & Buster’s Entertainment Inc. (PLAY) Name: Ashley Zickefoose Position: SVP Chief Marketing Officer Transaction Date: … Read more

Insider Buying Week 12-16-22 CRONOS Up in Smoke?

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The Biden administration may be the savviest market timer on or off Wall Street this year.  The widely scoffed-at and criticized announcement on March 31 stated that the administration would start selling oil from the nation’s strategic petroleum reserves.  It sounded like a cheap trick to influence voters upset about high prices at the pump for the Midterm elections. At the time, the price of a barrel of West Texas Intermediate Crude hovered around  $98 per barrel and has gotten as high as $110.  Friday’s close of $74.50 represents a short seller’s return of over 35% in less than nine … Read more

Strange Days Insiders Abandon the Market Week 10-21-22

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“Strange days have found usStrange days have tracked us downThey’re going to destroyOur casual joysWe shall go on playing or find a new town”- the Doors 1967   We had some technical difficulties with The Insiders Report in getting our payment module to work.  So until we can figure out where the theme and the payment module collide, The Insiders Report is free. Unfortunately, there isn’t much in the way of insider activity to write about, but that’s not stopping the market from lifting. The Dow soared 748 points, and the S&P rose 2.37% on Friday ending one of the … Read more

No Bottom in Sight Insider Buying Week 10-14-22

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Curious about how well insiders are doing with their buys? Scroll through the blog posts and see for yourself It’s been over nine months since the bear market began.  That is about the average time most bear markets end, but there is nothing average about this bear market.  There are just too many unsettling things for the investor’s animal spirits to soar.  Years of interest rates held at artificially low levels near zero and the Fed on an unpredictable and reckless path of rapid interest rates hikes. The dividend yield of the S&P 500 is 1.79% versus Friday’s 4% Treasury … Read more

Insider Buying Week 7-15-22

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  Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. The market seems like it’s stabilizing, although, behind the scenes, the war in Europe is the 800-pound gorilla threatening to take a turn for the worse. Interest rates have stopped rising in spite of all the tough talk from the Fed. At least the long part of the yield curve is stable, although many economists and market pundits say that’s because the curve is inverting, sending classic recessionary signals. There’s no question that consumers are slowing down their spending binge but … Read more

Insider Buying week 12-10-21 Closer Inspection showed the Naked Underbelly

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Curious how well insiders are doing with their buys? Click on this link or image above to scroll the significant buys of the last year. Infinite multiples and the greater fool theory are showing cracks in the foundation of relative valuation yet the major indices staged a remarkable comeback up 3.82% while insiders nearly doubled that with the average return up 3.82%. A closer inspection though showed the naked underbelly of this market. Momentum favorites are coming under attack and insiders are making a futile attempt to turn the tide. DocuSign and Paypal insiders are nibbling but this won’t likely … Read more