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Deluxe Becomes Oversold (DLX)
Thursday, September 13, 12:20 PM ET, by Market News Video Staff

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

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Monday, September 24, 11:32 AM ET, by Market News Video Staff

Investors in Deluxe Corp (DLX) saw new options begin trading today, for the November 16th ...

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Friday, November 9, 2:35 PM ET, by Market News Video Staff

The most recent short interest data was recently released for the 10/15/2018 settlement date, and ...

DLX: Insiders vs. Shorts
Friday, November 9, 2:36 PM ET, by Market News Video Staff

The most recent short interest data was recently released for the 10/15/2018 settlement date, and ...

Top Buys by Top Brass: Sr. Vice President, CFO Bush's $100.2K Bet on DLX

By Market News Video Staff, Thursday, April 18, 2:02 PM ET
Play Video: One Reason For Insiders to Buy


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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 $100.2K by Keith A. Bush, Sr. Vice President, CFO at Deluxe Corp (NYSE:DLX).

Bush bets big on DLX:

Purchased Insider Title Shares Price/Share Value
11/07/2018 Keith A. Bush Sr. Vice President, CFO 2,020 $49.60 $100,192.00

Bush's average cost works out to $49.60/share. In trading on Thursday, bargain hunters could buy shares of Deluxe Corp (NYSE:DLX) and achieve a cost basis lower than Bush, with shares changing hands as low as $46.02 per share. It should be noted that Bush has collected $0.60/share in dividends since the time of their purchase, so they are currently down 6.0% on their purchase from a total return basis. Shares of Deluxe Corp were changing hands at $46.65 at last check, trading down about 0.6% on Thursday. The chart below shows the one year performance of DLX shares, versus its 200 day moving average:

Deluxe Corp Chart

Looking at the chart above, DLX's low point in its 52 week range is $36.70 per share, with $75.77 as the 52 week high point — that compares with a last trade of $46.65.


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Top Buys by Top Brass: Sr. Vice President, CFO Bush's $100.2K Bet on DLX | Market News Video | Copyright © 2008 - 2019, All Rights Reserved

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