Top Buys by Directors: Helm's $1.5M Bet on VST

By Energy Stock Channel Staff, Wednesday, November 30, 11:14 AM ET

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Top Insider Buys By Company Directors »

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 $1.5M invested across 5 purchases by Scott B. Helm, Director at Vistra Corp (NYSE:VST).

Helm bets big on VST:

Purchased	Insider	Title	Shares	Price/Share	Value
06/14/2022	Scott B. Helm	Director	20,000	$23.16	$463,160.00
06/17/2022	Scott B. Helm	Director	10,000	$22.40	$223,980.00
11/09/2022	Scott B. Helm	Director	15,000	$23.74	$356,125.00
11/15/2022	Scott B. Helm	Director	10,000	$23.39	$233,900.00
11/21/2022	Scott B. Helm	Director	10,000	$22.86	$228,600.00

Helm's average cost works out to $23.17/share. Shares of Vistra Corp were changing hands at $24.13 at last check, trading down about 0.2% on Wednesday. The chart below shows the one year performance of VST shares, versus its 200 day moving average:

Vistra Corp Chart

Looking at the chart above, VST's low point in its 52 week range is $20.155 per share, with $27.39 as the 52 week high point — that compares with a last trade of $24.13.

The current annualized dividend paid by Vistra Corp is $0.772/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 12/19/2022. Below is a long-term dividend history chart for VST, which can be of good help in judging whether the most recent dividend with approx. 3.2% annualized yield is likely to continue.

Free Report: Top 8%+ Dividends (paid monthly)

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Top Buys by Directors: Helm's $1.5M Bet on VST

Top Buys by Directors: Helm's $1.5M Bet on VST | www.EnergyStockChannel.com