Get An Even Better Deal On GPN Than Director Watson Did

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 7, Global Payments Inc's Director, Patricia A. Watson, invested $99,904.86 into 1,331 shares of GPN, for a cost per share of $75.06. Bargain hunters tend to pay particular attention to insider buys like this one, because 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. In trading on Monday, bargain hunters could buy shares of Global Payments Inc (Symbol: GPN) and achieve a cost basis 2.4% cheaper than Watson, with shares changing hands as low as $73.27 per share. Global Payments Inc shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of GPN shares, versus its 200 day moving average:

Looking at the chart above, GPN's low point in its 52 week range is $65.93 per share, with $120 as the 52 week high point — that compares with a last trade of $73.77. By comparison, below is a table showing the prices at which GPN insider buying was recorded over the last six months:

The current annualized dividend paid by Global Payments Inc is $1/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 12/12/2025. Below is a long-term dividend history chart for GPN, which can be of good help in judging whether the most recent dividend with approx. 1.4% annualized yield is likely to continue.

Click here to find out which 9 other dividend bargains you can buy cheaper than insiders »

Also see:

• Communications Services Dividend Stocks
• PEGA Split History
• SNPO Historical Stock Prices

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