MNV
Market News Video
MNV MNV 10 Stocks Crossing Above Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Insider Bets Paying Off At BXC As New 52-Week High Reached
Tuesday, March 13, 1:07 PM ET, by Market News Video Staff

In trading on Tuesday, shares of BlueLinx Holdings Inc (BXC) touched a new 52-week high ...

Pick Up This Bargain Even Cheaper Than Director Smith Did
Friday, June 22, 1:26 PM ET, by Market News Video Staff

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

Short Interest Plummets 85% For BXC
Tuesday, July 3, 12:14 PM ET, by Market News Video Staff

The most recent short interest data has been released for the 06/15/2018 settlement date, which ...

Commit To Purchase BlueLinx Holdings At $35, Earn 23.1% Annualized Using Options
Friday, July 6, 11:45 AM ET, by Market News Video Staff

Investors eyeing a purchase of BlueLinx Holdings Inc (BXC) stock, but tentative about paying the ...

Notable Wednesday Option Activity: LCI, SYKE, BXC
Wednesday, August 8, 3:17 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Insider Bets Paying Off At BXC As New 52-Week High Reached

By Market News Video Staff, Tuesday, March 13, 1:07 PM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Tuesday, shares of BlueLinx Holdings Inc (NYSE:BXC) touched a new 52-week high of $35.63/share. That's a 370.67% rise, or $28.06 per share from the 52-week low of $7.57 set back on 10/18/2017. That means at today's intraday high, any investor who purchased BXC stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, BXC has seen 4 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/03/2017 J. David Smith Director 4,000 $9.38 $37,520.00
11/10/2017 Mitchell B. Lewis PRESIDENT AND CEO 4,000 $8.55 $34,200.00
11/13/2017 Susan C. O'farrell SVP, CFO AND TREASURER 3,000 $8.68 $26,030.00
11/10/2017 Mitchell B. Lewis PRESIDENT AND CEO 8,000 $8.60 $68,800.00
11/13/2017 Shyam K. Reddy CAO, GC, and Corp Secretary 3,500 $8.57 $30,011.10
11/16/2017 Susan C. O'farrell SVP, CFO AND TREASURER 900 $9.15 $8,235.00
11/20/2017 Susan C. O'farrell SVP, CFO AND TREASURER 1,500 $9.30 $13,950.00

The chart below shows where BXC has traded over the past year, with the 50-day and 200-day moving averages included.

BlueLinx Holdings Inc Moving Averages Chart

In afternoon trading on Tuesday, BXC shares are changing hands at $34.10/share, slightly below the new 52-week high.


This Article's Word Cloud:   Bargains   BlueLinx   Cheaper   Corp   David   Director   Holdings   Insider   Insiders   Lewis   Mitchell   NYSE   Over   Price   Purchased   Reddy   Secretary   Share   Shares   Shyam   Smith   Start   Susan   Than   That   Title   Tuesday   Value   afternoon   averages   back   been   below   bets   buying   changing   chart   company   different   farrell   from   gain   high   insiders   over   past   share   shares   trading   week
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Message Boards Stock Market Definitions
MNV

Insider Bets Paying Off At BXC As New 52-Week High Reached | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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.