Insider Trading Nuggets
Delving into the arcane world of stocks, insider trading whispers echo loudly. The recent ”DividendRank” report sings the praises of companies with insider buying behavior in the past six months. When insiders put their money where their mouth is, investors ought to sit up and take notice. One such intriguing company is no other than Dick’s Sporting Goods, Inc (Symbol: DKS), where Director Larry Fitzgerald Jr. made a notable investment back on November 29.
For $100,201.29, Fitzgerald Jr. snagged 783 shares of DKS at $127.97 per share. Fast forward to the present day, DKS shares dance around $210.37, an astonishing 64.4% above Fitzgerald Jr.’s entry point. Throw in $1.00 per share in dividends and our insightful Director now resides comfortably at a 65.2% total return. Alas, Dick’s Sporting Goods, Inc shares took a slight dip of -2.74% in today’s trading. The one-year performance graph of DKS against its 200-day moving average charts a tantalizing picture of market movements.
Intriguing Numbers
Cast your gaze upon DKS’s 52-week journey, from a low of $100.98 per share to a giddy high of $222.92. In contrast, its recent trade hovers at $211.13. Insider transactions over the last half-year are neatly summed up in a table, showcasing a snapshot of strategic purchases.
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/29/2023 | Larry Fitzgerald Jr. | Director | 783 | $127.97 | $100,201.29 |
The DividendRank Scene
The DividendRank report illuminates the duo of alluring valuation metrics and robust profitability metrics gracing DKS shares. A standing ovation is reserved for Dick’s Sporting Goods, Inc’s compelling quarterly dividend track record and the promising long-term growth rates bedecking core fundamental data points.
In the report’s own words, ”Dividend investors scouting from a value perspective pine for the most resilient and lucrative companies, nestled snugly in the lap of attractive valuations. Our exclusive DividendRank concocts a league table of captivating stocks, beckoning investors to dig deeper into these intriguing ideas.” The annual dividend per Dick’s Sporting Goods, Inc share stands at $4.4, parceled out in quarterly doses, with the most recent dividend ex-date poised on 03/27/2024. A feisty long-term dividend history tableau for DKS acts as a beacon, guiding investors through the murky waters of dividend sustainability.
The Top DividendRank’ed Stocks With Insider Buying »
Also see:
Stocks Analysts Like And Hedge Funds Are Buying
Top Ten Hedge Funds Holding DAR
SSTK Videos
The views and opinions articulated herein mirror the sentiments of the author and are not an official stance of Nasdaq, Inc.
