Tuesday 5/31 Insider Buying Report: PED, AZO Tuesday, May 31, 2:42 PM ET
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
At PEDEVCO, a filing with the SEC revealed that on Thursday, Chief Executive Officer Simon G. Kukes purchased 200,000 shares of PED, at a cost of $1.27 each, for a total investment of $254,760. So far Kukes is in the green, up about 14.6% on their buy based on today's trading high of $1.46. PEDEVCO is trading up about 10.2% on the day Tuesday. Before this latest buy, Kukes purchased PED at 6 other times during the past year, for a total cost of $1.00M at an average of $1.21 per share.
And at AutoZone,there was insider buying on Thursday, by Director Brian Hannasch who bought 133 shares at a cost of $1901.95 each, for a trade totaling $252,959. Before this latest buy, Hannasch made one other purchase in the past year, buying $499,955 shares at a cost of $1879.53 each. AutoZone is trading up about 0.6% on the day Tuesday. So far Hannasch is in the green, up about 9.5% on their purchase based on today's trading high of $2082.07.
Peek Under The Hood: QOWZ Has 13% Upside Friday, April 19, 7:35 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
How The Parts Add Up: AFSM Targets $32 Friday, April 19, 7:34 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Implied MMTM Analyst Target Price: $247 Friday, April 19, 7:33 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Surprising Analyst 12-Month Target For VB Friday, April 19, 7:32 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Analysts Anticipate ONEO Will Reach $121 Friday, April 19, 7:32 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Sum Up The Parts: QVMS Could Be Worth $28 Friday, April 19, 7:32 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
The Implied Analyst 12-Month Target For VGT Friday, April 19, 7:31 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Implied SMLV Analyst Target Price: $120 Friday, April 19, 7:31 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.