Energy Stock Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Noteworthy Tuesday Option Activity: PI, RDUS, LNG
Tuesday, July 30, 3:17 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

September 13th Options Now Available For Cheniere Energy
Monday, August 5, 11:01 AM ET, by Market News Video Staff

Investors in Cheniere Energy Inc. (LNG) saw new options begin trading today, for the September ...

Shares of LNG Now Oversold
Monday, August 5, 2:08 PM ET, by Market News Video Staff

In trading on Monday, shares of Cheniere Energy Inc. (LNG) entered into oversold territory, changing ...

Notable Wednesday Option Activity: ATNX, LNG, BXC
Wednesday, August 7, 3:21 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

Implied EPS Analyst Target Price: $37
Monday, August 19, 8:03 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

LNG Selling Below CEO's Recent Buy Price

By Energy Stock Channel Staff, Tuesday, December 3, 10:01 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.

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 November 19, Cheniere Energy Inc.'s CEO, Jack A. Fusco, invested $503,182.68 into 8,400 shares of LNG, for a cost per share of $59.90. 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 Cheniere Energy Inc. (AMEX:LNG) and achieve a cost basis even cheaper than Fusco, with shares changing hands as low as $59.84 per share. Cheniere Energy Inc. shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of LNG shares, versus its 200 day moving average:

Cheniere Energy Inc. Chart

Looking at the chart above, LNG's low point in its 52 week range is $55.09 per share, with $70.60 as the 52 week high point — that compares with a last trade of $59.92. By comparison, below is a table showing the prices at which LNG insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
11/19/2019 Jack A. Fusco President and CEO 8,400 $59.90 $503,182.68

Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.


This Article's Word Cloud:   AMEX   Back   Bargain   Cheaper   Cheniere   Days   Dollars   Energy   Fusco   Insider   Insiders   Jack   Join   Looking   November   Offer   President   Price   Purchased   Seven   Share   Shares   Special   Start   Stocks   Street   Than   There   Title   Tuesday   Value   about   below   buying   chart   cost   hunters   insider   last   only   point   reason   share   shares   stock   that   their   trading   week   with

LNG Selling Below CEO's Recent Buy Price | www.EnergyStockChannel.com | Copyright © 2010 - 2019, 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.