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 $121.9K invested across 2 purchases by Frederick A. Henderson, CEO at SunCoke Energy Inc (SXC - Get Report).

START SLIDESHOW:
Click here to find out which other top insider buys by the ''top brass'' you need to know about »

Henderson bets big on SXC:
Purchased Insider Title Shares Price/Share Value
02/03/2015 Frederick A. Henderson Chairman & CEO 3,029 $15.48 $46,886.50
07/22/2015 Frederick A. Henderson Chairman & CEO 6,150 $12.20 $75,022.30

Henderson's average cost works out to $13.28/share. In trading on Thursday, bargain hunters could buy shares of SunCoke Energy Inc ( SXC - Get Report) and achieve a cost basis lower than Henderson, with shares changing hands as low as $12.35 per share. Shares of SunCoke Energy Inc were changing hands at $12.36 at last check, trading up about 1.8% on Thursday. The chart below shows the one year performance of SXC shares, versus its 200 day moving average:

SunCoke Energy Inc Chart

Looking at the chart above, SXC's low point in its 52 week range is $11.35 per share, with $24.57 as the 52 week high point — that compares with a last trade of $12.36.

According to the ETF Finder at ETF Channel, SXC makes up 3.32% of the Coal ETF ( KOL) which is trading higher by about 1.3% on the day Thursday.