Only Seven Dow Components With Recent Insider Buying, HD is One of Them

The officers and directors of a company tend to have a unique inside view into the business, so when these insiders make purchases, investors are wise to take notice. Presumably the only reason for a company insider to 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. Within the 30 components of the Dow Jones Industrial Average, only seven companies have experienced such buying over the trailing six month period, one of which was Home Depot Inc ( HD), where an investment totaling $752K was made by Director Mark C. Vadon. Click Here to Learn Which Other Six Dow Components Also Had Recent Insider Buying »

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Vadon bets big on HD:
Purchased Insider Title Shares Price/Share Value
09/12/2013 Mark C. Vadon Director 10,000 $75.20 $752,000.00

Vadon's average cost works out to $75.20/share. Shares of Home Depot Inc were changing hands at $79.76 at last check, trading up about 2.5% on Tuesday. The chart below shows the one year performance of HD shares, versus its 200 day moving average:

Home Depot Inc Chart

Looking at the chart above, HD's low point in its 52 week range is $63.82 per share, with $82.57 as the 52 week high point — that compares with a last trade of $79.76.

The current annualized dividend paid by Home Depot Inc is $1.56/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/03/2013. Below is a long-term dividend history chart for HD, which can be of good help in judging whether the most recent dividend with approx. 2.0% annualized yield is likely to continue.

HD+Dividend+History+Chart

According to the ETF Finder at ETF Channel, HD makes up 7.57% of the Retail ETF ( RTH) which is trading up by about 0.8% on the day Tuesday.

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