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.
/>/>
 
 
 

<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

Amazon Changes Self Publishing Forever - Again
Amazon Changes Self Publishing Forever - Again
The self publishing haven will only pay when books are read.
 
 
Uber says "NO!" to Guns for Passengers and Drivers
Uber says "NO!" to Guns for Passengers and Drivers
The recent increase in gun violence led to the change, the hitch-a-ride giant says.
 
 
More Sony Leaks: What Couldn't the New Spiderman Be?
More Sony Leaks: What Couldn't the New Spiderman Be?
Private emails that were released show that executives at Sony didn't want a black or gay Spiderman.
 
 
Gap to Close 175 Stores Soon
Gap to Close 175 Stores Soon
The retail giant is experiencing a multitude of problems.