Stock message boards
MNV
Market News Video
MNV MNV Model Portfolios ChartZero
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Bullish Two Hundred Day Moving Average Cross - DB
Monday, September 9, 11:47 AM ET, by Market News Video Staff

In trading on Monday, shares of Deutsche Bank AG (DB) crossed above their 200 day ...

SUBK: Insiders vs. Shorts
Thursday, September 19, 2:37 PM ET, by Market News Video Staff

The most recent short interest data was recently released by the NASDAQ for the 08/30/2013 ...

Notable ETF Outflow Detected - ACWX, HDB, INFY, CIB
Monday, October 28, 11:11 AM ET, by Market News Video Staff

Symbols mentioned in this story: ACWX, HDB, INFY, CIB Exchange traded funds (ETFs) trade just ...

Noteworthy ETF Outflows: ACWX, HDB, INFY, CIB
Monday, November 4, 11:05 AM ET, by Market News Video Staff

Symbols mentioned in this story: ACWX, HDB, INFY, CIB Exchange traded funds (ETFs) trade just ...

Oversold Conditions For BanColombia, S.A. (CIB)
Monday, November 4, 4:24 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

  More articles:  1 2 3 4 5 6 7 next »

Bargain Hunters Take Note: Insider Cluster-Buying At SUBK

By Market News Video Staff, Wednesday, December 21, 10:46 AM ET
Play Video: The Importance of Insider Buying


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

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 Suffolk Bancorp (NASDAQ:SUBK), 3 different insiders purchased 2,333 shares at an average price of $8.12/share, for a total of $18,950, with the most recent purchase on December 19, 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":

Purchased Insider Title Shares Price/Share Value
11/28/2011 John D. Stark Jr. Director 384 $7.74 $2,975.00
11/28/2011 Shea Susan V. B. O Director 420 $7.74 $3,250.00
11/28/2011 J. Gordon Huszagh Director 420 $7.74 $3,250.00
12/19/2011 John D. Stark Jr. Director 348 $8.55 $2,975.00
12/19/2011 Shea Susan V. B. O Director 380 $8.55 $3,250.00
12/19/2011 J. Gordon Huszagh Director 380 $8.55 $3,250.00

The chart below shows the one year performance of SUBK shares, versus its 200 day moving average. Note that SUBK's low point in its 52 week range is $7.51 per share, with $25.94 as the 52 week high point that compares with a last trade of $9.87, with shares currently trading up about 11.4% on the day.

Suffolk Bancorp Chart

SUBK operates in the Banking & Savings sector, among companies like BanColombia, S.A. (NYSE:CIB) which is up about 0.2% today, and Deutsche Bank AG (NYSE:DB) trading lower by about 1.1%. Below is a three month price history chart comparing the stock performance of SUBK, versus CIB and DB.

SUBK,CIB,DB Relative Performance Chart


Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''

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.


Top Six Most Viewed Stories This Week @ Market News Video:
Tuesday Sector Leaders: General Contractors & Builders, Computer PeripheralsTuesday Sector Leaders: General Contractors & Builders, Computer Peripherals
Channel: Market Movers
Related symbols: MHO,BZH,EXTR,KTCC
S&P 500 Analyst Moves: VRTXS&P 500 Analyst Moves: VRTX
Channel: Upgrades/Downgrades
Related symbols: VRTX
Tuesday 4/1 Insider Buying Report: TFM, HEROTuesday 4/1 Insider Buying Report: TFM, HERO
Channel: Insider Buying Report
Related symbols: TFM,HERO
S&P 500 Analyst Moves: MHKS&P 500 Analyst Moves: MHK
Channel: Upgrades/Downgrades
Related symbols: MHK
Dow Analyst Moves: CSCODow Analyst Moves: CSCO
Channel: Upgrades/Downgrades
Related symbols: CSCO
Wednesday 4/2 Insider Buying Report: LUB, EXAWednesday 4/2 Insider Buying Report: LUB, EXA
Channel: Insider Buying Report
Related symbols: LUB,EXA

This Article's Word Cloud:   Below   Buying   Definition   Director   Gordon   Huszagh   Importance   Insider   John   NYSE   SUBK   Shea   Stark   Susan   about   around   asset   average   cash   chart   cluster   completely   currently   designed   different   growth   insider   insiders   make   market   most   open   performance   point   portfolio   price   purchases   share   shares   short   stock   strong   that   their   this   three   trading   versus   week   with
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use & Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Market Definitions
MNV

Bargain Hunters Take Note: Insider Cluster-Buying At SUBK | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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.