Shutterfly director buys 15,000 shares

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Bobby Raines 02/14/2014

Nancy Schoendorf, who sits on the board of directros at Shutterfly ( SFLY ) , bought 15,000 shares of the company's common stock on Feb. 12. At $44.71 per share, Schoendorf paid a total of $670,650.

IK-> The technicals for SFLY ($47.30 up $0.91) are bearish with an upward trend. Recent support has been around $42.75 and recent resistance has been around 49.67. Standard & Poor's does not follow the stock. Look at the June 30/35 bull-put spread for a 25-cent credit. That's a 5.26% return and the stock has to fall 26.0% 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: SFLY

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