Pick Up This Bargain Even Cheaper Than Director Mulcahy Did

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 May 28, Graham Holdings Co.’s Director, Anne M. Mulcahy, invested $100,584.45 into 135 shares of GHC, for a cost per share of $745.07. 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.

In trading on Monday, bargain hunters could buy shares of Graham Holdings Co. (Symbol: GHC) and achieve a cost basis even cheaper than Mulcahy, with shares changing hands as low as $741.33 per share. Graham Holdings Co. shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of GHC shares, versus its 200 day moving average:

Looking at the chart above, GHC’s low point in its 52 week range is $551.36 per share, with $778.84 as the 52 week high point — that compares with a last trade of $759.60. By comparison, below is a table showing the prices at which GHC insider buying was recorded over the last six months:

The current annualized dividend paid by Graham Holdings Co. is $6.88/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 07/18/2024. Below is a long-term dividend history chart for GHC, which can be of good help in judging whether the most recent dividend with approx. 0.9% annualized yield is likely to continue.

Click here to find out which 9 other dividend bargains you can buy cheaper than insiders »

Also see:

• FCFS Stock Predictions
• Top Ten Hedge Funds Holding AVLV
• XPRO YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.