Wednesday 11/20 Insider Buying Report: DISCA, NGL Wednesday, November 20, 10:30 AM ET
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Friday, Discovery (DISCA)'s Director, J. David Wargo, made a $4.59M purchase of DISCA, buying 162,450 shares at a cost of $28.28 each. Wargo was up about 12.7% on the purchase at the high point of today's trading session, with DISCA trading as high as $31.86 at last check today. Discovery is trading up about 0.4% on the day Wednesday. This buy marks the first one filed by Wargo in the past year.
And on Monday, Chief Executive Officer H. Michael Krimbill bought $990,891 worth of NGL Energy Partners LP (NYSE:NGL), buying 100,000 shares at a cost of $9.91 a piece. Before this latest buy, Krimbill purchased NGL on 3 other occasions during the past year, for a total investment of $1.41M at an average of $12.30 per share. NGL Energy Partners LP is trading up about 1% on the day Wednesday. So far Krimbill is in the green, up about 2.7% on their purchase based on today's trading high of $10.18.
Noteworthy Friday Option Activity: CVLG, CAVA, AI Friday, April 26, 3:20 PM ET, by Market News Video Staff Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Noteworthy Friday Option Activity: RILY, GME, XPO Friday, April 26, 3:19 PM ET, by Market News Video Staff Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Aaron's (AAN) Passes Through 7% Yield Mark Friday, April 26, 3:19 PM ET, by Market News Video Staff In trading on Friday, shares of Aaron's Co Inc (AAN) were yielding above the 7% ...
FRST Dividend Yield Pushes Above 4% Friday, April 26, 3:19 PM ET, by Market News Video Staff In trading on Friday, shares of Primis Financial Corp (FRST) were yielding above the 4% ...
NUS Dividend Yield Pushes Above 2% Friday, April 26, 3:19 PM ET, by Market News Video Staff In trading on Friday, shares of NU Skin Enterprises, Inc. (NUS) were yielding above the ...
GD Crosses Above 2% Yield Territory Friday, April 26, 3:18 PM ET, by Market News Video Staff In trading on Friday, shares of General Dynamics Corp (GD) were yielding above the 2% ...
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.