Notable Monday Option Activity: VRNT, DASH, POOL Monday, July 17, 3:27 PM ET, by Market News Video Staff Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...
Noteworthy Friday Option Activity: POOL, PAYC, RCL Friday, August 18, 2:33 PM ET, by Market News Video Staff Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...
Notable Wednesday Option Activity: STZ, POOL, REGN Wednesday, September 6, 1:29 PM ET, by Market News Video Staff Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...
Top Buys by Top Brass: President/CEO Arvan's $158K Bet on POOL
By Market News Video Staff, Wednesday, March 17, 12:49 PM ET
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 $158K by Peter D. Arvan, President/CEO at Pool Corp (NASDAQ:POOL).
Arvan bets big on POOL:
Purchased
Insider
Title
Shares
Price/Share
Value
03/05/2021
Peter D. Arvan
President/CEO
500
$316.03
$158,016.30
Arvan's average cost works out to $316.03/share. Shares of Pool Corp were changing hands at $339.48 at last check, trading down about 1.2% on Wednesday. The chart below shows the one year performance of POOL shares, versus its 200 day moving average:
Looking at the chart above, POOL's low point in its 52 week range is $160.3497 per share, with $401.29 as the 52 week high point — that compares with a last trade of $339.48.
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