WERN Ex-Dividend Reminder - 1/3/13 Wednesday, January 2, 11:18 AM ET, by Market News Video Staff On 1/3/13, Werner Enterprises, Inc. (WERN) will trade ex-dividend, for its quarterly dividend of $0.05, ...
Bargain Hunters Take Note: Insider Cluster-Buying At AAWW
By Market News Video Staff, Tuesday, November 22, 12:02 PM ET
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW), 3 different insiders purchased 15,000 shares at an average price of $39.03/share, for a total of $585,498, with the most recent purchase on November 16, 2011.
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. So when multiple insiders all decide to make purchases around the same time, it could be a strong indication that the stock is undervalued. Below is a table summarizing the insider buys that make up this "cluster":
SVP & CFO
EVP & CCO
William J Flynn
President & CEO
The chart below shows the one year performance of AAWW shares, versus its 200 day moving average. Note that AAWW's low point in its 52 week range is $29.50 per share, with $73.19 as the 52 week high point — that compares with a last trade of $37.53, with shares currently trading off about 1.7% on the day.
AAWW operates in the Airlines sector, among companies like Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS (NASDAQ:OMAB) which is off about 1% today, and Fly Leasing Ltd. (NYSE:FLY) trading higher by about 1.1%. Below is a three month price history chart comparing the stock performance of AAWW, versus OMAB and FLY.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud:AAWWBelowChannelInvestmentLeasingOMABValueaboutallowsaroundassetaveragecashchartclustercompletelycurrentlydecidedesigneddifferentgrowthinsiderinsidersmakemarketmostopenotherperformancepointportfoliopricepurchasessharesharesshortstockstocksstrongthattheirthisthreetradingversusweekwhatwhenwhichwith
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.