 |
 |
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Buys by Top Brass: SVP, Strategy & Business Dev't Aboud's $130.5K Bet on CENXBy Metals Channel Staff, Friday, July 7, 10:09 AM ET
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $130.5K by Matt Aboud, SVP, Strategy & Business Dev't at Century Aluminum Co. (NASDAQ:CENX). Aboud bets big on CENX:
Aboud's average cost works out to $7.25/share. Shares of Century Aluminum Co. were changing hands at $8.47 at last check, trading up about 0.6% on Friday. The chart below shows the one year performance of CENX shares, versus its 200 day moving average:
Looking at the chart above, CENX's low point in its 52 week range is $5.27 per share, with $12.965 as the 52 week high point — that compares with a last trade of $8.47. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
This Article's Word Cloud:
Aboud
Aluminum
Bets
Brass
Business
Buys
CENX
Century
Channel
Dividend
Friday
Insider
Insiders
Looking
Matt
Newsletter
Offer
Place
Premium
Presumably
Price
Purchased
Receive
Share
Shares
Special
Start
Strategy
Title
Value
about
average
best
buys
chart
company
insider
last
make
maybe
mdash
point
share
stock
take
that
their
they
week
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: