Stock Message Boards
Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door ValueForum.com
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

NRG Energy Breaks Above 200-Day Moving Average - Bullish for NRG
Wednesday, October 1, 11:52 AM ET, by Market News Video Staff

In trading on Wednesday, shares of NRG Energy Inc (NRG) crossed above their 200 day ...

Investors Land TE Even Cheaper Than Its Secondary Stock Offering
Wednesday, October 1, 12:00 PM ET, by Market News Video Staff

Looking back to 92 days ago, TECO Energy Inc. (TE) priced a 15,500,000 share secondary ...

AES Stock Crowded With Sellers
Thursday, October 9, 11:37 AM ET, by Market News Video Staff

In trading on Thursday, shares of AES Corp. (AES) entered into oversold territory, changing hands ...

NRG Energy (NRG) Shares Enter Oversold Territory
Tuesday, October 14, 4:00 PM ET, by Market News Video Staff

In trading on Tuesday, shares of NRG Energy Inc (NRG) entered into oversold territory, changing ...

Integrys Energy Group (TEG) Shares Cross 4% Yield Mark
Thursday, October 16, 3:46 PM ET, by Market News Video Staff

In trading on Thursday, shares of Integrys Energy Group Inc (TEG) were yielding above the ...

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

Top Buys by Top Brass: COO Gluski's $199.2K Bet on AES

By Energy Stock Channel Staff, Friday, February 3, 12:08 PM 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.

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 $199.2K by Andres Gluski, COO at AES Corp. (NYSE:AES).

Gluski bets big on AES:

Purchased Insider Title Shares Price/Share Value
09/06/2011 Andres Gluski Executive VP & COO 19,940 $9.99 $199,200.60

Gluski's average cost works out to $9.99/share. Shares of AES Corp. were changing hands at $12.99 at last check, trading down about 0.1% on Friday. The chart below shows the one year performance of AES shares, versus its 200 day moving average:

AES Corp. Chart

Looking at the chart above, AES's low point in its 52 week range is $9.00 per share, with $13.50 as the 52 week high point that compares with a last trade of $12.99.

According to the ETF Finder at ETF Channel, AES makes up 2.55% of the Rydex S&P 500 Equal Weight Utilities ETF (AMEX:RYU) which is trading up by about 0.4% on the day Friday.

See what other ETFs contain AES
See what other stocks are held by RYU


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.


This Article's Word Cloud:   Andres   Channel   Corp   Definition   ETFs   Friday   Gluski   Importance   Insider   Price   Share   Shares   Trial   about   asset   average   both   business   buys   cash   changing   chart   company   designed   earned   insider   investors   last   make   maybe   other   performance   point   portfolio   program   share   stock   stocks   take   that   their   they   this   trading   view   week   what   which   wise   with

Top Buys by Top Brass: COO Gluski's $199.2K Bet on AES | www.EnergyStockChannel.com | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. 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. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.