Блог компании DayTraderClub | WALL STREET INTRADAY, WEDNESDAY

Buyers:

• EIGI Director — Warburg Pincus bought 418,600 shares at $8.65-8.68 worth ~ $4 mln
• IO Director bought 19,900 shares at $6.78-6.80 worth ~ $200K

Sellers:

• WES Director sold 96,862 shares at $55.00-55.70 worth ~ $5 mln
• RHT Directors (2) and EVP sold 42,500 shares at $80.35-80.71 worth ~ $4 mln

• Homebuilders are seeing early strength. A few names trading higher include: CHCI +6.5%, KBH +2.7%, BZH +2.2%, LGIH+2.2%, TPH +1.9%, PHM +1.6%, LEN +1.3%, MTH +1.2%, TMHC +1%, CAA +1.2%, DHI +1.1%, ITB +1%, CSTE +1%, MDC +0.9%,XHB +0.9%, MHO +0.5%, WLH +0.3%, HOV +0.3%
• Select QSR / restaurant names are under pressure in early trade.  ZOES -4.2%, NDLS -2.7%, RT -0.8%, FOGO -0.8%, WING-0.7%, YUM -0.6%, PNRA -0.5%, TXRH -0.5%, BLMN -0.4%, DIN -0.5%, CHUY -0.4%, PLKI -0.2%, TAST -0.2%, JACK -0.4%,CAKE -0.2%, GRUB -0.3%, HABT -0.1%, CMG -0.2% are all in the red.

• Upgrades: PH 2.5% (upgraded to Buy from Hold at Stifel), KBR 3.8% (upgraded to Accumulate from Hold at Johnson Rice)
• Downgrades: NCLH -1.4% (downgraded at UBS)
• Misc: AMZN 0.6% ( target raised to $950 from $800 at Morgan Stanley), JJSF 3.1% ( initiated with Buy ratings at DA Davidson), NFLX 2.2% (initiated with a Buy at Loop Capital; tgt $125), SAFM 0.9% (initiated with Neutral rating at DA Davidson), FLO 0.5% (initiated with Neutral rating at DA Davidson)

Rumors:

• WSJ discussed that Team Health Holdings (TMH 39.91 +1.71) is mulling a sale.
• Twitter (TWTR 24.59 +1.05) strength attributed to WSJ report that company might entertain bids this week including possible Salesforce (CRM 67.35 -5.28) bid.
• Clovis Oncology (CLVS 37.35 +2.59) M&A speculation circulated.
• There was speculation that DepoMed (DEPO 26.31 +0.95) is looking to move forward with a potential sale; rumors that co was exploring began surfacing in early September.
• Lululemon (LULU 59.74 +0.35) renewed going private rumors were circulating.
• Kyodo reported that Lenovo (LNVGY 13.50 +0.36) is in talks with Fujitsu (FJTSY 27.00 +0.25) over a possible PC unit merger.
• Bloomberg discussed that Public Investment Corp might be interested in Barclays (BCS 8.82 +0.19) Africa stake.