Interesting TUP Put And Call Options For October 6th Thursday, August 24, 1:18 PM ET, by Market News Video Staff Investors in Tupperware Brands Corp (TUP) saw new options become available today, for the October ...
Top Buys by Top Brass: Chief Executive Officer Fernandez's $499K Bet on TUP
By Market News Video Staff, Thursday, May 13, 12:09 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 $499K by Calero Miguel Angel Fernandez, Chief Executive Officer at Tupperware Brands Corp (NYSE:TUP).
Fernandez bets big on TUP:
Purchased
Insider
Title
Shares
Price/Share
Value
03/12/2021
Calero Miguel Angel Fernandez
Chief Executive Officer
20,000
$24.95
$499,000.00
Fernandez's average cost works out to $24.95/share. Shares of Tupperware Brands Corp were changing hands at $26.56 at last check, trading up about 0.8% on Thursday. The chart below shows the one year performance of TUP shares, versus its 200 day moving average:
Looking at the chart above, TUP's low point in its 52 week range is $2.32 per share, with $38.59 as the 52 week high point — that compares with a last trade of $26.56.
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