Top Buys by Directors: Paull's $399.9K Bet on APD

May 5 2014, 12:47pm CDT | by

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 $399.9K by Matthew H. Paull, Director at Air Products & Chemicals, Inc. (NYSE: APD).

Click here to find out which other top insider buys by company directors you need to know about »

Paull bets big on APD:

Purchased Insider Title Shares Price/Share Value
11/21/2013 Matthew H. Paull Director 3,645 $109.71 $399,892.95

Paull’s average cost works out to $109.71/share. Shares of Air Products & Chemicals, Inc. were changing hands at $119.08 at last check, trading up about 0.8% on Monday. The chart below shows the one year performance of APD shares, versus its 200 day moving average:

Looking at the chart above, APD’s low point in its 52 week range is $88.53 per share, with $124.29 as the 52 week high point — that compares with a last trade of $119.08.

According to the ETF Finder at ETFChannel.com, APD makes up 31.93% of the PowerShares WilderHill Clean Energy Portfolio ETF (AMEX: PBW) which is trading lower by about 0.1% on the day Monday.


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.
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