Investors Purchase Large Volume of Tupperware Brands Call Options (NYSE:TUP)

Tupperware Brands Co. (NYSE:TUP - Get Free Report) was the target of unusually large options trading activity on Monday. Stock traders bought 19,138 call options on the stock. This represents an increase of 383% compared to the typical daily volume of 3,966 call options.

Institutional Trading of Tupperware Brands

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp boosted its stake in shares of Tupperware Brands by 96.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 110,184 shares of the company's stock worth $154,000 after purchasing an additional 54,025 shares during the last quarter. Metis Global Partners LLC purchased a new stake in Tupperware Brands in the 3rd quarter valued at about $33,000. Charles Schwab Investment Management Inc. increased its stake in shares of Tupperware Brands by 15.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,845,837 shares of the company's stock valued at $5,384,000 after acquiring an additional 515,074 shares during the last quarter. Pacifica Partners Inc. acquired a new stake in shares of Tupperware Brands in the fourth quarter worth approximately $26,000. Finally, Larson Financial Group LLC acquired a new position in Tupperware Brands in the fourth quarter valued at $161,000. Hedge funds and other institutional investors own 25.06% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Tupperware Brands in a report on Thursday, April 4th. They issued a "hold" rating on the stock.

Tupperware Brands Price Performance

NYSE:TUP traded up $0.53 during trading hours on Monday, reaching $1.82. 28,706,653 shares of the company traded hands, compared to its average volume of 1,306,046. Tupperware Brands has a 1-year low of $0.61 and a 1-year high of $5.91. The firm's 50-day moving average is $1.26 and its 200-day moving average is $1.59.

Tupperware Brands Company Profile

Tupperware Brands Corporation operates as a consumer products company in the Asia Pacific, Europe, Africa, the Middle East, North America, and South America. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.