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PEO Ex-Dividend Reminder - 2/11/21
Tuesday, February 9, 10:52 AM ET, by Market News Video Staff

On 2/11/21, Adams Natural Resources Fund Inc (PEO) will trade ex-dividend, for its quarterly dividend ...

Snatch This Bargain Even Cheaper Than CCO Kerns Did
Tuesday, May 4, 11:43 AM ET, by Market News Video Staff

There's an old saying on Wall Street about insider buying: there are many possible reasons ...

Adams Natural Resources Fund About To Put More Money In Your Pocket (PEO)
Thursday, May 13, 10:06 AM ET, by Market News Video Staff

On 5/17/21, Adams Natural Resources Fund Inc (PEO) will trade ex-dividend, for its quarterly dividend ...

Adams Natural Resources Fund (PEO) Shares Cross Below 200 DMA
Monday, September 20, 11:25 AM ET, by Market News Video Staff

In trading on Monday, shares of Adams Natural Resources Fund Inc (PEO) crossed below their ...

10.2% of FCEF Holdings Seeing Recent Insider Buys
Wednesday, September 22, 10:46 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the First Trust CEF Income Opportunity ETF ...

Snatch This Bargain Even Cheaper Than CCO Kerns Did

By Market News Video Staff, Tuesday, May 4, 11:43 AM 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 April 29, Adams Natural Resources Fund Inc's CCO, Janis F. Kerns, invested $23,160.29 into 1,504 shares of PEO, for a cost per share of $15.40. 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 Tuesday, bargain hunters could buy shares of Adams Natural Resources Fund Inc (NYSE:PEO) and achieve a cost basis even cheaper than Kerns, with shares changing hands as low as $15.32 per share. Adams Natural Resources Fund Inc shares are currently trading off about 1% on the day. The chart below shows the one year performance of PEO shares, versus its 200 day moving average:

Adams Natural Resources Fund Inc Chart

Looking at the chart above, PEO's low point in its 52 week range is $9.04 per share, with $15.63 as the 52 week high point — that compares with a last trade of $15.43. By comparison, below is a table showing the prices at which PEO insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
12/31/2020 Mary Chris Jammet Director 4,385 $11.40 $49,981.55
04/26/2021 Lauriann C. Kloppenburg Director 4,500 $14.78 $66,499.85
04/29/2021 Janis F. Kerns V.P., General Counsel & CCO 1,504 $15.40 $23,160.29

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This Article's Word Cloud:   Adams   April   Back   Bargain   Bargains   Cheaper   Chris   Counsel   Days   Director   Dollars   Fund   General   Insider   Insiders   Jammet   Janis   Join   Kerns   Kloppenburg   Lauriann   Looking   Mary   NYSE   Natural   Offer   Price   Purchased   Resources   Seven   Share   about   below   buying   chart   cost   hunters   insider   last   only   point   reason   share   shares   stock   that   their   trading   week   with
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