Top Buys by Top Brass: CEO Farrell's $219.2K Bet on CHD

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A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. 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 - maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $219.2K by Matthew Farrell, CEO at Church & Dwight Co Inc (Symbol: CHD).

Purchased Insider Title Shares Price/Share Value
11/06/2017 Matthew Farrell President and CEO 5,000 $43.83 $219,150.00

Farrell's average cost works out to $43.83/share. Shares of Church & Dwight Co Inc were changing hands at $45.33 at last check, trading up about 1.3% on Monday. The chart below shows the one year performance of CHD shares, versus its 200 day moving average:

Church & Dwight Co Inc Chart

Looking at the chart above, CHD's low point in its 52 week range is $42.56 per share, with $54.18 as the 52 week high point - that compares with a last trade of $45.33.

The current annualized dividend paid by Church & Dwight Co Inc is $0.76/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 11/14/2017. Below is a long-term dividend history chart for CHD, which can be of good help in judging whether the most recent dividend with approx. 1.7% annualized yield is likely to continue.


According to the ETF Finder at ETF Channel, CHD makes up 4.59% of the PowerShares DWA Consumer Staples Momentum Portfolio ETF (Symbol: PSL) which is trading higher by about 0.2% on the day Monday.

Click here to find out which other top insider buys by the ''top brass'' you need to know about »

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

This article appears in: Investing , Options
Referenced Symbols: CHD , PSL

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