Market News Video
MNV MNV 10 Stocks Crossing Below Book Value
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Goldman Sachs Breaks Below 200-Day Moving Average - Notable for GS
Friday, August 21, 2:05 PM ET, by Market News Video Staff

In trading on Friday, shares of Goldman Sachs Group Incorporated (GS) crossed below their 200 ...

Cowen Group Class A Enters Oversold Territory (COWN)
Friday, August 21, 2:17 PM ET, by Market News Video Staff

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

BGC Partners Class A Breaks Below 200-Day Moving Average - Notable for BGCP
Friday, August 21, 2:43 PM ET, by Market News Video Staff

In trading on Friday, shares of BGC Partners Class A (BGCP) crossed below their 200 ...

Raymond James Financial Enters Oversold Territory
Friday, August 21, 4:41 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

Notable Two Hundred Day Moving Average Cross - CME
Friday, August 21, 4:53 PM ET, by Market News Video Staff

In trading on Friday, shares of CME Group (CME) crossed below their 200 day moving ...

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

Snatch This Bargain Even Cheaper Than Head, Fixed Income Services Winges Did

By Market News Video Staff, Tuesday, January 31, 11:49 AM ET
Play Video: One Reason For Insiders to Buy

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

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on January 26, Piper Jaffray Companies's Head, Fixed Income Services, Martin Bradley Winges, invested $115,709.52 into 5,269 shares of PJC, for a cost per share of $21.96. Bargain hunters tend to pay particular attention to insider buys like this one, because 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.

In trading on Tuesday, bargain hunters could buy shares of Piper Jaffray Companies (NYSE:PJC) and achieve a cost basis even cheaper than Winges, with shares changing hands as low as $21.93 per share. Piper Jaffray Companies shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of PJC shares, versus its 200 day moving average:

Piper Jaffray Companies Chart

Looking at the chart above, PJC's low point in its 52 week range is $16.72 per share, with $44.56 as the 52 week high point that compares with a last trade of $22.00. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
10/26/2011 Andrew S. Duff Chairman and CEO 5,000 $18.40 $92,000.00
01/26/2012 Martin Bradley Winges Head, Fixed Income Services 5,269 $21.96 $115,709.52

According to the ETF Finder at ETF Channel, PJC makes up 2.55% of the iShares Dow Jones U.S. Broker-Dealers Index Fund ETF (AMEX:IAI) which is trading lower by about 0.5% on the day Tuesday.

See what other ETFs contain PJC
See what other stocks are held by IAI


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:

This Article's Word Cloud:   Bradley   Channel   Companies   Fixed   Head   Income   Jaffray   Martin   Piper   Services   Share   Trial   Tuesday   Winges   about   asset   below   buying   cash   changing   chart   cost   designed   earned   even   hunters   insider   last   makes   many   only   other   performance   point   portfolio   program   reason   share   shares   stock   stocks   that   their   there   this   trading   week   what   which   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Chart Zero Stock Market Game Stock Market Definitions

Snatch This Bargain Even Cheaper Than Head, Fixed Income Services Winges Did | Market News Video | Copyright © 2008 - 2015, 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.