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Stock impact report

Insider Stock Buying Reaches CA$2.16m On Rogers Communications [Yahoo! Finance]

Rogers Communication, Inc. (RCI) 
Last rogers communication, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.rogers.com
Company Research Source: Yahoo! Finance
TSE:RCI.B ) stock, indicating that insiders' optimism about the company's prospects has increased. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. Check out our latest analysis for Rogers Communications The insider Edward Rogers made the biggest insider purchase in the last 12 months. That single transaction was for CA$1.9m worth of shares at a price of CA$54.26 each. That means that even when the share price was higher than CA$50.39 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Over the last Show less Read more
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