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Snag This Bargain Energy Stock Even Cheaper Than Director Barrett Did

By Energy Stock Channel Staff, Monday, November 15, 4:21 PM ET

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 4, Aaron's Co Inc's Director, Kelly Hefner Barrett, invested $102,520.00 into 4,000 shares of AAN, for a cost per share of $25.63. Bargain hunters tend to pay particular attention to insider buys like this one, because 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.

In trading on Monday, bargain hunters could buy shares of Aaron's Co Inc (NYSE:AAN) and achieve a cost basis even cheaper than Barrett, with shares changing hands as low as $25.62 per share. Aaron's Co Inc shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:

Aaron's Co Inc Chart

Looking at the chart above, AAN's low point in its 52 week range is $16.20 per share, with $37.49 as the 52 week high point — that compares with a last trade of $25.72. By comparison, below is a table showing the prices at which AAN insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
11/04/2021 Kelly Hefner Barrett Director 4,000 $25.63 $102,520.00

The current annualized dividend paid by Aaron's Co Inc is $0.4/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 12/15/2021. Below is a long-term dividend history chart for AAN, which can be of good help in judging whether the most recent dividend with approx. 1.5% annualized yield is likely to continue.

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This Article's Word Cloud:   Aaron   Arial   Back   Bargain   Barrett   Below   Cheaper   Days   Director   Dollars   Energy   Hefner   Insider   Insiders   Join   Kelly   Looking   Monday   NYSE   November   Offer   Seven   about   annualized   below   buying   chart   cost   currently   dividend   escape   fillColor   hunters   insider   last   most   only   paid   point   reason   recent   share   shares   stock   that   their   trading   week   which   with

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