 |
 |
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Buys by Directors: Gross's $138K Bet on TELLBy Energy Stock Channel Staff, Monday, July 10, 1:06 PM ET
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 $138K by Jonathan S. Gross, Director at Tellurian Inc (AMEX:TELL). Gross bets big on TELL:
Gross's average cost works out to $1.38/share. Shares of Tellurian Inc were changing hands at $1.46 at last check, trading up about 1.8% on Monday. The chart below shows the one year performance of TELL shares, versus its 200 day moving average:
Looking at the chart above, TELL's low point in its 52 week range is $0.94 per share, with $4.89 as the 52 week high point — that compares with a last trade of $1.46. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
This Article's Word Cloud:
AMEX
Buys
Channel
Company
Director
Directors
Dividend
Gross
Insider
Jonathan
Looking
Monday
Newsletter
Offer
Premium
Presumably
Price
Purchased
Receive
Share
Shares
Special
Start
TELL
Tellurian
Title
Value
about
above
afternoon
average
below
best
bets
buys
chart
company
directors
last
make
maybe
mdash
point
share
stock
take
that
they
week
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: