Aaron's president buys 50,000 shares

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Bobby Raines 04/30/2014  

John Robinson, the president and CEO of Aaron's Inc. ( AAN ) bought 50,000 shares of the company's common stock on April 28. At $28.96 per share, Robinson paid a total of $1,447,955 for the new shares.

IK-> The technicals for AAN ($29.50 up $0.39) are bullish with a downward trend. Recent support has been near $28.67 and recent resistance has been near $30.13. Standard & Poor's has a two STARs (out of five) rating on the stock. Look at the Aug. 22.50/27 bull-put spread for a 30-cent credit. That's a 7.1% return and the stock has to fall 8.5% to cause a problem. [InvestorsKeyhole, Various news and data services]

 



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

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: AAN

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