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

Featured MNV Articles:

Triumph Group Breaks Below 200-Day Moving Average - Notable for TGI
Wednesday, September 17, 4:05 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Triumph Group Inc. (TGI) crossed below their 200 day ...

TASER International Breaks Below 200-Day Moving Average - Notable for TASR
Monday, September 22, 12:43 PM ET, by Market News Video Staff

In trading on Monday, shares of TASER International Inc. (TASR) crossed below their 200 day ...

Interesting XLS Put And Call Options For November 22nd
Tuesday, September 23, 12:46 PM ET, by Market News Video Staff

Investors in Exelis Inc. (XLS) saw new options become available this week, for the November ...

Teledyne Technologies (TDY) Shares Cross Below 200 DMA
Tuesday, September 23, 4:15 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Teledyne Technologies, Inc. (TDY) crossed below their 200 day ...

ESL Crosses Below Key Moving Average Level
Thursday, September 25, 12:22 PM ET, by Market News Video Staff

In trading on Thursday, shares of Esterline Technologies Corp (ESL) crossed below their 200 day ...

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

Bargain Bin Stocks: XLS Now 22.0% Cheaper Than Director Williamson's Buy

By Market News Video Staff, Friday, June 22, 1:11 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.

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 March 13, Exelis Inc.'s Director, Billie I. Williamson, invested $12,250.00 into 1,000 shares of XLS, for a cost per share of $12.25. 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 Friday, bargain hunters could buy shares of Exelis Inc. (NYSE:XLS) and achieve a cost basis 22.0% cheaper than Williamson, with shares changing hands as low as $9.55 per share. It should be noted that Williamson has collected $0.21/share in dividends since the time of their purchase, so they are currently down 20.3% on their purchase from a total return basis. Exelis Inc. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of XLS shares, versus its 200 day moving average:

Exelis Inc. Chart

Looking at the chart above, XLS's low point in its 52 week range is $8.25 per share, with $13.50 as the 52 week high point that compares with a last trade of $9.64. 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
03/06/2012 R. David Yost Director 10,000 $11.33 $113,297.00
03/13/2012 Billie I. Williamson Director 1,000 $12.25 $12,250.00

XLS makes up 2.93% of the SPDR S&P Aerospace & Defense ETF (AMEX:XAR)


Special Offer: Small cap value stocks have outperformed the markets since the end of the recession see what you've been missing with this free 30 day trial


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   Billie   Definition   Director   Exelis   Importance   Insider   Price   Share   Special   Value   Williamson   about   bargain   basis   below   buying   changing   chart   collected   cost   currently   earned   expect   hunters   insider   last   makes   many   markets   only   open   point   possible   purchase   raquo   reason   reasons   share   shares   since   stock   that   their   they   this   trading   week   what   which   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 Message Boards Stock Market Definitions
MNV

Bargain Bin Stocks: XLS Now 22.0% Cheaper Than Director Williamson's Buy | 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.