Biggest Dividend

Only Ten Dow Components With Recent Insider Buying, Disney is One of Them


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The officers and directors of a company tend to have a unique inside view into the business, so when these insiders make purchases, investors are wise to take notice. Presumably the only reason for a company insider to 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. Within the 30 components of the Dow Jones Industrial Average, only ten companies have experienced such buying over the trailing six month period, one of which was Walt Disney Co. (NYSE: DIS), where an investment totaling $99.9K was made by Director Maria Elena Lagomasino. Click Here to Learn Which Other Nine Dow Components Also Had Recent Insider Buying »

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Lagomasino bets big on DIS:

Purchased Insider Title Shares Price/Share Value
08/10/2017 Maria Elena Lagomasino Director 976 $102.34 $99,886.48

Lagomasino’s average cost works out to $102.34/share. In trading on Tuesday, bargain hunters could buy shares of Walt Disney Co. (NYSE: DIS) and achieve a cost basis lower than Lagomasino, with shares changing hands as low as $101.36 per share. Shares of Walt Disney Co. were changing hands at $101.69 at last check, trading up about 0.3% on Tuesday. The chart below shows the one year performance of DIS shares, versus its 200 day moving average:

Walt Disney Co. Chart

Looking at the chart above, DIS’s low point in its 52 week range is $90.32 per share, with $116.10 as the 52 week high point — that compares with a last trade of $101.69.

According to the ETF Finder at ETFChannel.com, DIS makes up 5.77% of the Consumer Discretionary Select Sector SPDR Fund ETF (AMEX: XLY) which is trading lower by about 0.8% on the day Tuesday.


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