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Analyst Favorites With Strong Buyback Activity: Carriage Services Ranks As a Top Pick
Tuesday, July 7, 3:00 PM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that Carriage Services, Inc. (CSV) ...

Analysts Expect 11% Gains Ahead For SMMV
Wednesday, July 8, 8:16 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Carriage Services Breaks Above 200-Day Moving Average - Bullish for CSV
Wednesday, July 29, 11:52 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Carriage Services, Inc. (CSV) crossed above their 200 day ...

CSV Ex-Dividend Reminder - 8/7/20
Wednesday, August 5, 10:10 AM ET, by Market News Video Staff

On 8/7/20, Carriage Services, Inc. (CSV) will trade ex-dividend, for its quarterly dividend of $0.0875, ...

Surprising Analyst 12-Month Target For ESML
Wednesday, September 9, 8:20 AM ET, by Market News Video Staff

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Top Buys by Top Brass: CEO Payne's $870.6K Bet on CSV

By Market News Video Staff, Thursday, December 10, 11:08 AM 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 $870.6K by Melvin C. Payne, CEO at Carriage Services, Inc. (NYSE:CSV).

Payne bets big on CSV:

Purchased Insider Title Shares Price/Share Value
12/09/2020 Melvin C. Payne CEO 29,000 $30.02 $870,580.00

Payne's average cost works out to $30.02/share. Shares of Carriage Services, Inc. were changing hands at $30.26 at last check, trading up about 2.5% on Thursday. The chart below shows the one year performance of CSV shares, versus its 200 day moving average:

Carriage Services, Inc. Chart

Looking at the chart above, CSV's low point in its 52 week range is $13.54 per share, with $31.99 as the 52 week high point — that compares with a last trade of $30.26.


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Top Buys by Top Brass: CEO Payne's $870.6K Bet on CSV | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

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