 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Buys by Top Brass: President Newsom's $105.6K Bet on SPFIBy Dividend Channel Staff, Friday, July 14, 10:07 AM ET
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company 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 the ''top brass'' over the trailing six month period, one of which was a total of $105.6K by Cory T. Newsom, President at South Plains Financial Inc (NASDAQ:SPFI). Newsom bets big on SPFI:
Newsom's average cost works out to $23.59/share. Shares of South Plains Financial Inc were changing hands at $23.96 at last check, trading up about 0.5% on Friday. The chart below shows the one year performance of SPFI shares, versus its 200 day moving average:
Looking at the chart above, SPFI's low point in its 52 week range is $18.75 per share, with $31.96 as the 52 week high point — that compares with a last trade of $23.96. The current annualized dividend paid by South Plains Financial Inc is $0.52/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 04/28/2023. Below is a long-term dividend history chart for SPFI, which can be of good help in judging whether the most recent dividend with approx. 2.2% annualized yield is likely to continue.
Free Report: Top 8%+ Dividends (paid monthly)
This Article's Word Cloud:
Arial
Below
Bets
Brass
Buys
Cory
Dividends
Financial
Free
Friday
Insider
Insiders
Looking
Newsom
Place
Plains
President
Presumably
Price
Purchased
SPFI
Shares
South
annualized
average
buys
chart
company
dividend
escape
fillColor
insider
last
make
maybe
mdash
most
paid
period
point
recent
share
stock
take
that
their
they
week
which
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: