Stock Message Boards
Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

SEACOR Holdings (CKH) Shares Cross Below Book Value
Friday, October 10, 1:09 PM ET, by Market News Video Staff

In trading on Friday, shares of SEACOR Holdings Inc (CKH) crossed below their last reported ...

RigNet Enters Oversold Territory (RNET)
Wednesday, October 15, 12:07 PM ET, by Market News Video Staff

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

Shares of TDW Now Oversold
Friday, October 17, 3:58 PM ET, by Market News Video Staff

In trading on Friday, shares of Tidewater Inc. (TDW) entered into oversold territory, changing hands ...

Insiders Buy the Holdings of XES ETF
Monday, October 20, 9:36 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the SPDR S&P Oil & Gas Equipment ...

Shares of HOS Now Oversold
Wednesday, October 22, 4:01 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Hornbeck Offshore Services Inc (HOS) entered into oversold territory, ...

  More articles:  1 2 3 4 5 6 7 next »

Top Buys by Directors: Rosenthal's $908.6K Bet on OIS

By Energy Stock Channel Staff, Thursday, December 27, 11:22 AM ET
Play Video: One Reason For Insiders to Buy

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock 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 company directors over the trailing six month period, one of which was a total of $908.6K by Gary L. Rosenthal, Director at Oil States International, Inc. (NYSE:OIS).

Rosenthal bets big on OIS:

Purchased Insider Title Shares Price/Share Value
12/21/2012 Gary L. Rosenthal Director 12,971 $70.05 $908,643.19

Rosenthal's average cost works out to $70.05/share. In trading on Thursday, bargain hunters could buy shares of Oil States International, Inc. (NYSE:OIS) and achieve a cost basis lower than Rosenthal, with shares changing hands as low as $69.48 per share. Shares of Oil States International, Inc. were changing hands at $69.50 at last check, trading up about 0.3% on Thursday. The chart below shows the one year performance of OIS shares, versus its 200 day moving average:

Oil States International, Inc. Chart

Looking at the chart above, OIS's low point in its 52 week range is $60.03 per share, with $87.65 as the 52 week high point that compares with a last trade of $69.50.

According to the ETF Finder at ETF Channel, OIS makes up 2.67% of the SPDR S&P Oil & Gas Equipment & Services ETF (AMEX:XES) which is trading lower by about 0.8% on the day Thursday.

See what other ETFs contain OIS
See what other stocks are held by XES

Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio

This Article's Word Cloud:   Definition   Director   ETFs   Gary   Importance   Insider   International   NYSE   PortfolioRelevant   Price   Rosenthal   Share   Shares   States   Thursday   What   about   average   both   business   buys   changing   chart   company   cost   directors   earned   expect   hands   last   lower   make   makes   maybe   other   point   portfolio   share   shares   stock   take   that   they   trading   view   week   what   which   wise   with

Top Buys by Directors: Rosenthal's $908.6K Bet on OIS | | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. 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. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.