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Top Buys by Directors: Beatty's $187.4K Bet on WLT
Energy Stock Channel Energy Stock Channel, Contributor
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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 $187.4K by David
R. Beatty, Director at Walter Energy, Inc. (NYSE: WLT).
Energy Stock Channel Energy Stock Channel, Contributor
Comment Now
Follow Comments
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 $187.4K by David
R. Beatty, Director at Walter Energy, Inc. (NYSE: WLT).