 |
 |
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Grab This Bargain Energy Stock 4.9% Yielder Even Cheaper Than Director Solomont DidBy Energy Stock Channel Staff, Tuesday, April 9, 11:12 AM ET
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 April 1, Avangrid Inc's Director, Alan D. Solomont, invested $5,039.76 into 138 shares of AGR, for a cost per share of $36.52. 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 Avangrid Inc (NYSE:AGR) and achieve a cost basis 2.0% cheaper than Solomont, with shares changing hands as low as $35.80 per share. Avangrid Inc shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of AGR shares, versus its 200 day moving average:
Looking at the chart above, AGR's low point in its 52 week range is $27.46 per share, with $41.22 as the 52 week high point — that compares with a last trade of $36.02. By comparison, below is a table showing the prices at which AGR insider buying was recorded over the last six months:
The current annualized dividend paid by Avangrid Inc is $1.76/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/29/2024. Below is a long-term dividend history chart for AGR, which can be of good help in judging whether the most recent dividend with approx. 4.9% annualized yield is likely to continue.
Free Report: Top 8%+ Dividends (paid monthly)
This Article's Word Cloud:
Alan
April
Arial
Avangrid
Back
Bargain
Below
Cheaper
Director
Dividends
Energy
Free
Insider
Insiders
Looking
NYSE
Price
Purchased
Report
Share
Shares
Solomont
about
annualized
below
buying
chart
cost
currently
dividend
escape
fillColor
hunters
insider
last
most
only
paid
point
reason
recent
share
shares
stock
that
their
trading
week
which
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: