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Aaron's president buys 50,000 shares

By: InvestorsObserver
Posted: 4/30/2014 1:41:00 PM
Referenced Stocks: AAN

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]