 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Buys by Directors: Michaud's $150.3K Bet on HRZNBy Dividend Channel Staff, Friday, April 9, 3:11 PM ET
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 $150.3K by Gerald A. Michaud, President at Horizon Technology Finance Corporation (NASDAQ:HRZN). Michaud bets big on HRZN:
Michaud's average cost works out to $13.30/share. Shares of Horizon Technology Finance Corporation were changing hands at $15.64 at last check, trading down about 0.5% on Friday. The chart below shows the one year performance of HRZN shares, versus its 200 day moving average:
Looking at the chart above, HRZN's low point in its 52 week range is $8.36 per share, with $15.87 as the 52 week high point — that compares with a last trade of $15.64. The current annualized dividend paid by Horizon Technology Finance Corporation is $1.2/share, currently paid in monthly installments, and its most recent dividend has an upcoming ex-date of 04/19/2021. Below is a long-term dividend history chart for HRZN, which can be of good help in judging whether the most recent dividend with approx. 7.7% annualized yield is likely to continue.
Free Report: Top 7%+ Dividends (paid monthly)
This Article's Word Cloud:
Arial
Below
Buys
Company
Corporation
Directors
Dividends
Finance
Free
Friday
Gerald
HRZN
Horizon
Insider
Looking
Michaud
President
Presumably
Price
Purchased
Report
Shares
Technology
annualized
average
buys
chart
company
directors
dividend
escape
fillColor
last
make
maybe
mdash
monthly
most
paid
period
point
recent
share
stock
take
that
they
week
which
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: