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Stock impact report

Positive Signs As Multiple Insiders Buy FRP Holdings Stock [Yahoo! Finance]

FRP Holdings, Inc. (FRPH) 
US:NASDAQ Investor Relations: frpholdings.com/investor-relations.html
Company Research Source: Yahoo! Finance
NASDAQ:FRPH ), that sends out a positive message to the company's shareholders. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In the last twelve months, the biggest single purchase by an insider was when Executive Chairman John Baker bought US$171k worth of shares at a price of US$23.85 per share. That means that an insider was happy to buy shares at above the current price of US$22.95. 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. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests Show less Read more
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