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Bullish Two Hundred Day Moving Average Cross - TCI
Thursday, January 17, 4:06 PM ET, by Market News Video Staff

In trading on Thursday, shares of Transcontinental Realty Investors, Inc. (TCI) crossed above their 200 ...

TCI Crosses Above Key Moving Average Level
Friday, April 5, 4:01 PM ET, by Market News Video Staff

In trading on Friday, shares of Transcontinental Realty Investors, Inc. (TCI) crossed above their 200 ...

Transcontinental Realty Investors Enters Oversold Territory (TCI)
Monday, May 20, 4:22 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Top Buys by Top Brass: President Moos's $1000K Bet on TCI
Friday, May 24, 12:06 PM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

Snatch This Deal Even Lower Than President Moos Did
Tuesday, May 28, 10:23 AM ET, by Market News Video Staff

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

Top Buys by Top Brass: President Moos's $1000K Bet on TCI

By Market News Video Staff, Friday, May 24, 12:06 PM ET
Play Video: One Reason For Insiders to Buy


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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 $1000K by Daniel J. Moos, President at Transcontinental Realty Investors, Inc. (NYSE:TCI).

Moos bets big on TCI:

Purchased Insider Title Shares Price/Share Value
05/22/2019 Daniel J. Moos President 35,000 $28.57 $999,950.00

Moos's average cost works out to $28.57/share. In trading on Friday, bargain hunters could buy shares of Transcontinental Realty Investors, Inc. (NYSE:TCI) and achieve a cost basis lower than Moos, with shares changing hands as low as $27.80 per share. Shares of Transcontinental Realty Investors, Inc. were changing hands at $27.80 at last check, trading trading flat on Friday. The chart below shows the one year performance of TCI shares, versus its 200 day moving average:

Transcontinental Realty Investors, Inc. Chart

Looking at the chart above, TCI's low point in its 52 week range is $23.90 per share, with $39.39 as the 52 week high point — that compares with a last trade of $27.80.


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Top Buys by Top Brass: President Moos's $1000K Bet on TCI | Market News Video | Copyright © 2008 - 2019, All Rights Reserved

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