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Commit To Purchase AAC Holdings At $7.50, Earn 16.6% Annualized Using Options
Thursday, June 28, 12:01 PM ET, by Market News Video Staff

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

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AAC Holdings Breaks Above 200-Day Moving Average - Bullish for AAC
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In trading on Thursday, shares of AAC Holdings Inc (AAC) crossed above their 200 day ...

Grab This Bargain Even Cheaper Than Director Cash Did

By Market News Video Staff, Thursday, June 14, 1:10 PM 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 March 6, AAC Holdings Inc's Director, W. Larry Cash, invested $49,600.00 into 5,000 shares of AAC, for a cost per share of $9.92. 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 Thursday, bargain hunters could buy shares of AAC Holdings Inc (NYSE:AAC) and achieve a cost basis 3.6% cheaper than Cash, with shares changing hands as low as $9.56 per share. AAC Holdings Inc shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of AAC shares, versus its 200 day moving average:

AAC Holdings Inc Chart

Looking at the chart above, AAC's low point in its 52 week range is $5.99 per share, with $13.0551 as the 52 week high point that compares with a last trade of $9.90. By comparison, below is a table showing the prices at which AAC insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
03/06/2018 W. Larry Cash Director 5,000 $9.92 $49,600.00

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