We Did The Math IHE Can Go To $222 Thursday, May 18, 8:01 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
MMSC's Holdings Could Mean 16% Gain Potential Tuesday, June 20, 6:59 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Revance Therapeutics Becomes Oversold (RVNC) Thursday, June 22, 4:06 PM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
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, Revance Therapeutics Inc's CEO, Mark J. Foley, invested $209,400.00 into 30,000 shares of RVNC, for a cost per share of $6.98. 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 Tuesday, bargain hunters could buy shares of Revance Therapeutics Inc (NASDAQ:RVNC) and achieve a cost basis 12.5% cheaper than Foley, with shares changing hands as low as $6.11 per share. Revance Therapeutics Inc shares are currently trading up about 4.2% on the day. The chart below shows the one year performance of RVNC shares, versus its 200 day moving average:
Looking at the chart above, RVNC's low point in its 52 week range is $5 per share, with $37.98 as the 52 week high point — that compares with a last trade of $5.96. By comparison, below is a table showing the prices at which RVNC insider buying was recorded over the last six months:
This Article's Word Cloud:BackBargainBargainsCheaperDividendsFoleyFreeInsiderInsidersLookingMarchMarkPricePurchasedRVNCReportRevanceShareSharesStartStreetThanTherapeuticsThereTitleTuesdayValueWallaboutaboveachieveattentionbelowbuyingchartcosthuntersinsiderlastonlypointreasonsharesharesstockthattheirtradingweekwith
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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: