360° Coverage : Top Buys by Top Brass: Chief Financial Officer Young's $115...

2 Updates

Top Buys by Top Brass: Chief Financial Officer Young's $115.7K Bet on ADM

Feb 5 2014, 1:52pm CST | by

A company’s own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider...

Filed under: news

 
 
 

36 weeks ago

Top Buys by Top Brass: Chief Financial Officer Young's $115.7K Bet on ADM

Feb 5 2014, 1:52pm CST | by

A company’s own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. 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 — 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 the ”top brass” over the trailing six month period, one of which was a total of $115.7K by Ray G. Young, Chief Financial Officer at Archer Daniels Midland Co. (NYSE: ADM).

Click here to find out which other top insider buys by the ”top brass” you need to know about »

Young bets big on ADM:

Purchased Insider Title Shares Price/Share Value
02/05/2014 Ray G. Young Chief Financial Officer 3,000 $38.57 $115,707.00

Young’s average cost works out to $38.57/share. In trading on Wednesday, bargain hunters could buy shares of Archer Daniels Midland Co. (NYSE: ADM) and achieve a cost basis lower than Young, with shares changing hands as low as $37.92 per share. Shares of Archer Daniels Midland Co. were changing hands at $38.77 at last check, trading up about 1.4% on Wednesday. The chart below shows the one year performance of ADM shares, versus its 200 day moving average:

Looking at the chart above, ADM’s low point in its 52 week range is $29.27 per share, with $43.99 as the 52 week high point — that compares with a last trade of $38.77.

The current annualized dividend paid by Archer Daniels Midland Co. is $0.96/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 02/18/2014. Below is a long-term dividend history chart for ADM, which can be of good help in judging whether the most recent dividend with approx. 2.5% annualized yield is likely to continue.

According to the ETF Finder at ETFChannel.com, ADM makes up 8.08% of the Global Agriculture Portfolio ETF (NASD: PAGG) which is trading lower by about 0.4% on the day Wednesday.


Special Offer: Find out how Dave Moenning is trading around the most recent insider transactions with a free 30 day trial and a special 20% off coupon from Forbes.

Source: Forbes Business

/>/>
 
Update
2

6 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workfor ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

7 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and MH17" hi ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Venezuela blames US for global oil price slump
Caracas, Oct 17 (IANS) Venezuelan President Nicolas Maduro has blamed Washington for the slump in global oil prices.
 
 
Autocorrect fails that can change your life (The Funny Side)
My most hated computer error message is: "Warning: Keyboard not found. Press enter to continue." Seeing this causes me to give a visual lesson to my workmates on the true definition of the word hardware: "The parts of a computer which can be kicked, thumped, screamed at and jumped on."
 
 
Ebola toll hits 4,493: WHO
United Nations, Oct 17 (IANS) The toll in the deadly Ebola virus disease in West Africa has hit 4,493, according to latest World Health Organisation (WHO) data.
 
 
'Hidden' consciousness found in vegetative patients
London, Oct 17 (IANS) A team of researchers led by an Indian-origin scientist Srivas Chennu from University of Cambridge has found hidden signatures of consciousness in the brains of people in a vegetative state.
 
 
 

Latest from the Network

Bush shoe-tossing painting hits record at Doha auction
Doha, Oct 15 (IANS/EFE) A controversial painting by Iranian artist Mahmud Obaidi, depicting an Iraqi journalist throwing shoe in 2008 at then US president George W. Bush, was sold for $62,500 at a Sotheby's auction in...
Read more on Celebrity Balla
 
US offers $45 mn bounty for eight terror leaders
Washington, Oct 15 (IANS) The US said Tuesday it is offering rewards totalling up to 45 million dollars for information on eight key leaders of the Al Qaeda in the Arabian Peninsula (AQAP) terrorist organisation. The...
Read more on Politics Balla
 
UNSC extends peacekeeping mission's term in Abyei
United Nations, Oct 15 (IANS) The UN Security Council (UNSC) has renewed the mandate of the UN peacekeeping mission in the Abyei border region between Sudan and South Sudan. In an unanimously adopted resolution, the...
Read more on Politics Balla
 
Ebola cases in West Africa could reach 10,000 per week: WHO
Geneva, Oct 15 (IANS) The World Health Organisation (WHO) has warned that the Ebola epidemic in West Africa could reach 5,000 to 10,000 cases per week by the first week of December. "Quite frankly, ladies and...
Read more on Business Balla
 
Turkey, Singapore sign strategic partnership agreement
Ankara, Oct 15 (IANS) Turkey and Singapore have signed a strategic partnership agreement to boost economic, political and cultural cooperation, as well as security collaboration, during the official visit of...
Read more on Politics Balla
 
Christina Aguilera is returning to 'The Voice' USA
Christina Aguilera will return to 'The Voice' USA next year. The 'Your Body' hitmaker, who previously shared a rotating spot on the judging panel with Shakira, has been replaced by Gwen Stefani this season as she is...
Read more on Celebrity Balla
 
Kesha's music producer hits back
Kesha is being countersued by her record company boss, Dr. Luke. The 41-year-old music producer, who runs Kemosabe Records, claims the 27-year-old 'Tik Tok' singer is a liar and is trying to extort him after she accused...
Read more on Celebrity Balla
 
Jason Derulo won't get back together with Jordin Sparks
Jason Derulo insists his split from Jordin Sparks is permanent. The 'Talk Dirty' hitmaker, who recently ended his relationship with the 'No Air' singer after three years of dating, has ruled out getting back together...
Read more on Celebrity Balla
 
Josh Groban feels 'very lucky' to be dating Kat Dennings
Josh Groban feels ''very lucky'' to be dating Kat Dennings. The 'Brave' hitmaker was very nervous before singing in front of the '2 Broke Girls' actress for the first time at the Carousel of Hope Ball in Beverly Hills,...
Read more on Celebrity Balla
 
Australian Richard Flanagan wins 2014 Man Booker prize
London, Oct 15 (IANS) The first Man Booker prize to allow American nominees was Tuesday night won by an Australian, with Richard Flanagan triumphing for a novel of love and war that tells the harrowing stories of...
Read more on Celebrity Balla