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Top Buys by Top Brass: SVP, CFO Trojanowski's $167.3K Bet on AFI

By Market News Video Staff, Tuesday, May 11, 12:04 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 $167.3K by Amy Trojanowski, SVP, CFO at Armstrong Flooring Inc (AFI).

Trojanowski bets big on AFI:

Purchased Insider Title Shares Price/Share Value
05/07/2021 Amy Trojanowski SVP, CFO 30,000 $5.58 $167,300.00

Trojanowski's average cost works out to $5.58/share. Shares of Armstrong Flooring Inc were changing hands at $5.89 at last check, trading down about 4.8% on Tuesday. The chart below shows the one year performance of AFI shares, versus its 200 day moving average:

Armstrong Flooring Inc Chart

Looking at the chart above, AFI's low point in its 52 week range is $2.21 per share, with $6.96 as the 52 week high point — that compares with a last trade of $5.89.


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Top Buys by Top Brass: SVP, CFO Trojanowski's $167.3K Bet on AFI | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

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