Noticing A Pickup In Insider Buying At Macy’s (Seeking Alpha)
Recent insider buying is intriguing. Annual interest expenses and net debt continue to plummet strengthening Macy’s balance sheet as it returns to growth. STORY at Macy’s, Growth 150, Backstage locations, and Mobile first initiatives are all providing encouraging growth results. Macy’s, Inc. (M) has had a tough year as retail has been slammed during this latest reporting period with few winners. Macy’s latest travails have prompted some interesting insider buying earlier this month as the price appears to be low enough to grab the attention of some of the company’s insiders.
Friday 5/24 Insider Buying Report: CTSH, KYN (Nasdaq.com)
At Cognizant Technology Solutions, a filing with the SEC revealed that on Thursday, Chief Executive Officer Brian Humphries bought 19,000 shares of CTSH, for a cost of $61.09 each, for a total investment of $1.16M. Humphries was up about 1.4% on the buy at the high point of today’s trading session, with CTSH trading as high as $61.93 at last check today. Cognizant Technology Solutions is trading up about 1.3% on the day Friday. And on Wednesday, President James C. Baker bought $633,200 worth of Kayne Anderson MLP Investment, buying 40,000 shares at a cost of $15.83 a piece. Before this latest buy, Baker purchased KYN at 3 other times during the past year, for a total investment of $540,842 at an average of $13.52 per share.
Centurylink Inc (CTL) President & CEO Jeffrey K Storey Bought $491,500 of Shares (Guru Focus)
President & CEO of Centurylink Inc (NYSE:CTL) Jeffrey K Storey bought 50,000 shares of CTL on 05/23/2019 at an average price of $9.83 a share. The total cost of this purchase was $491,500. CenturyLink Inc operates as a telecommunications company in the United States. It provides broadband, voice and wireless services to consumers and businesses across the country. CenturyLink Inc has a market cap of $10.53 billion; its shares were traded at around $9.66 with and P/S ratio of 0.45. The dividend yield of CenturyLink Inc stocks is 19.37%.
Insider Activity: Union Pacific Corp (UNP) Board Member Buys $870k in Stock (Investors Observer)
William J Delaney III, a member of the board of directors at Union Pacific Corp (UNP), bought 5,000 shares of the company’s common stock on May 20. At $174.06 per share, Delaney paid a total of $870,300 for the new shares.
Wisdomtree Investments Inc (WETF) CEO Jonathan L Steinberg Bought $496,031 of Shares (Guru Focus)
CEO of Wisdomtree Investments Inc (NASDAQ:WETF) Jonathan L Steinberg bought 79,365 shares of WETF on 05/23/2019 at an average price of $6.25 a share. The total cost of this purchase was $496,031. WisdomTree Investments Inc is an exchange traded fund (ETF) and exchange traded product (ETP) sponsor and asset manager. It offers Equity ETFs, International Hedged Equity ETFs, Currency ETFs, and Fixed Income ETFs. WisdomTree Investments Inc has a market cap of $961.340 million; its shares were traded at around $6.20 with a P/E ratio of 31.00 and P/S ratio of 3.65. The dividend yield of WisdomTree Investments Inc stocks is 1.94%.
