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Stock impact report

Senior Vice President of Engineered Materials of Celanese Thomas Kelly Buys 2.6% More Shares [Yahoo! Finance]

Celanese Corporation Celanese Corporation (CE) 
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.celanese.com
Company Research Source: Yahoo! Finance
Kelly, recently paid US$157 per share to buy US$219k worth of the stock. Although the purchase only increased their holding by 2.6%, it is still a solid purchase in our view. See our latest analysis for Celanese The Last 12 Months Of Insider Transactions At Celanese In fact, the recent purchase by Thomas Kelly was the biggest purchase of Celanese shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is US$168. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Celanese insiders decided to buy shares at close to current prices. While Celanese insiders bought shares during the last year, they didn't sell. They paid about US$126 on average. To Show less Read more
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