Global Payments director adds 2,500 shares to his holdings

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Global Payments director adds 2,500 shares to his holdings

Bobby Raines 10/23/2013

Gerald Wilkins, who sits on the board of directors at Global Payments ( GPN ) , bought 2,500 shares of the company's common stock on Oct. 18. At $56.75 per share, Wilkins paid in $141,871 to increase his direct holdings by 19.1%.

IK-> The technicals for GPN ($58.94 down $0.25) are bullish with an upward trend. Recent support has been around $34.38 and recent resistance has been near $55.79. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the Feb. 45/50 bull-put spread for a 30-cent credit. That's a 6.38% return and the stock has to fall 16.4% 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: GPN

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