There’s an previous saying on Wall Road about insider shopping for: there are lots of potential causes to promote a inventory, however just one purpose to purchase. Again on November 21, Leidos Holdings Inc’s Director, Noel B. Geer, invested $322,260.60 into 2,000 shares of LDOS, for a value per share of $161.13. Discount hunters are likely to pay specific consideration to insider buys like this one, as a result of presumably the one purpose an insider would take their hard-earned money and use it to purchase inventory of their firm within the open market, is that they anticipate to earn money.
In buying and selling on Wednesday, cut price hunters might purchase shares of Leidos Holdings Inc (Image: LDOS) and obtain a value foundation 12.8% cheaper than Geer, with shares altering arms as little as $140.46 per share. It ought to be famous that Geer has collected $0.40/share in dividends for the reason that time of their buy, so they’re presently down 12.6% on their buy from a complete return foundation. Leidos Holdings Inc shares are presently buying and selling up about 0.2% on the day. The chart under reveals the one 12 months efficiency of LDOS shares, versus its 200 day transferring common:
Trying on the chart above, LDOS’s low level in its 52 week vary is $110.605 per share, with $202.8999 because the 52 week excessive level — that compares with a final commerce of $142.07. By comparability, under is a desk displaying the costs at which LDOS insider buying was recorded over the past six months:
| Bought | Insider | Title | Shares | Worth/Share | Worth |
|---|---|---|---|---|---|
| 11/21/2024 | Noel B. Geer | Director | 2,000 | $161.13 | $322,260.60 |
The present annualized dividend paid by Leidos Holdings Inc is $1.6/share, presently paid in quarterly installments, and its most up-to-date dividend ex-date was on 12/16/2024. Under is a long-term dividend historical past chart for LDOS, which could be of excellent assist in judging whether or not the newest dividend with approx. 1.1% annualized yield is more likely to proceed.
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
