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REZ Crosses Below Key Moving Average Level
Thursday, February 27, 3:54 PM ET, by Market News Video Staff

In trading on Thursday, shares of the iShares Residential Real Estate ETF (REZ) crossed below ...

iShares Residential Real Estate (REZ) Enters Oversold Territory
Friday, February 28, 11:05 AM ET, by Market News Video Staff

In trading on Friday, shares of the iShares Residential Real Estate ETF (REZ) entered into ...

Sum Up The Pieces: REZ Could Be Worth $81
Monday, March 2, 8:36 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Implied REZ Analyst Target Price: $81
Tuesday, March 10, 8:55 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

How The Parts Add Up: REZ Targets $78
Monday, March 23, 9:08 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Snatch This Bargain Even Cheaper Than Senior Managing Director Young Did

By Market News Video Staff, Wednesday, February 21, 4:14 PM ET
Play Video: One Reason For Insiders to Buy


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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 February 14, HCP Inc's Senior Managing Director, Kendall K. Young, invested $306,738.60 into 14,000 shares of HCP, for a cost per share of $21.91. 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 Wednesday, bargain hunters could buy shares of HCP Inc (HCP) and achieve a cost basis even cheaper than Young, with shares changing hands as low as $21.83 per share. HCP Inc shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of HCP shares, versus its 200 day moving average:

HCP Inc Chart

Looking at the chart above, HCP's low point in its 52 week range is $21.64 per share, with $33.67 as the 52 week high point that compares with a last trade of $21.84. By comparison, below is a table showing the prices at which HCP insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
02/14/2018 Kendall K. Young Senior Managing Director 14,000 $21.91 $306,738.60

According to the ETF Finder at ETF Channel, HCP makes up 4.24% of the iShares Residential Real Estate ETF (NYSE:REZ) which is trading lower by about 1.3% on the day Wednesday.

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See what other stocks are held by REZ


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