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Global Payments director adds 2,500 shares to his holdings

By: InvestorsObserver
Posted: 10/23/2013 1:30:00 PM
Referenced Stocks: GPN

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]