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Commit To Buy Cutera At $22.50, Earn 10.8% Annualized Using Options
Wednesday, November 6, 11:51 AM ET, by Market News Video Staff

Investors considering a purchase of Cutera Inc (CUTR) shares, but tentative about paying the going ...

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In trading on Friday, shares of Cutera Inc (CUTR) crossed below their 200 day moving ...

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Top Buys by Directors: Plants's $1.9M Bet on CUTR

By Market News Video Staff, Wednesday, September 16, 1:35 PM ET
Play Video: One Reason For Insiders to Buy

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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock 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 company directors over the trailing six month period, one of which was a total of $1.9M invested across 2 purchases by J. Daniel Plants, Director at Cutera Inc (NASDAQ:CUTR).

Plants bets big on CUTR:

Purchased Insider Title Shares Price/Share Value
04/21/2020 J. Daniel Plants Director 95,238 $10.50 $999,999.00
08/19/2020 J. Daniel Plants Director 59,769 $14.90 $890,648.08

Plants's average cost works out to $12.20/share. Shares of Cutera Inc were changing hands at $19.09 at last check, trading up about 1.9% on Wednesday. The chart below shows the one year performance of CUTR shares, versus its 200 day moving average:

Cutera Inc Chart

Looking at the chart above, CUTR's low point in its 52 week range is $9.07 per share, with $39.15 as the 52 week high point — that compares with a last trade of $19.09.

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This Article's Word Cloud:   Buys   CUTR   Company   Cutera   Daniel   Days   Director   Directors   Dollars   Insider   Join   Looking   Offer   Plants   Presumably   Price   Purchased   Seven   Share   Shares   Special   Start   Title   Value   ValueForum   Wednesday   about   above   across   average   below   bets   both   business   buys   chart   company   directors   last   make   maybe   mdash   point   share   stock   take   that   they   week   with
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