NYLD Trading Below CEO's Recent Buy Price

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 8, NRG Yield Inc's CEO, Christopher S. Sotos, invested $100,275.20 into 6,400 shares of NYLD, for a cost per share of $15.67. 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.

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In trading on Monday, bargain hunters could buy shares of NRG Yield Inc ( NYLD) and achieve a cost basis 4.9% cheaper than Sotos, with shares changing hands as low as $14.90 per share. NRG Yield Inc shares are currently trading trading flat on the day. The chart below shows the one year performance of NYLD shares, versus its 200 day moving average:

NRG Yield Inc Chart

Looking at the chart above, NYLD's low point in its 52 week range is $10.49 per share, with $18.56 as the 52 week high point — that compares with a last trade of $15.20. By comparison, below is a table showing the prices at which NYLD insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
11/08/2016 Christopher S. Sotos President and CEO 6,400 $15.67 $100,275.20
11/08/2016 Chad Plotkin SVP and CFO 1,280 $15.63 $20,004.61

The current annualized dividend paid by NRG Yield Inc is $1.00/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 11/29/2016. Below is a long-term dividend history chart for NYLD, which can be of good help in judging whether the most recent dividend with approx. 6.7% annualized yield is likely to continue.

NYLD+Dividend+History+Chart

According to the ETF Finder at ETF Channel, NYLD makes up 2.14% of the PowerShares WilderHill Progressive Energy Portfolio ETF ( PUW) which is trading higher by about 0.9% on the day Monday.

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