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Stock impact report

NextNRG Up 35%, Insider Buyers Are Up 13% [Yahoo! Finance]

NextNRG, Inc. (NXXT) 
Company Research Source: Yahoo! Finance
The stock rose 35%, resulting in a US$67m rise in the company's market capitalisation, translating to a gain of 13% on their initial investment. As a result, the stock they originally bought for US$1.73m is now worth US$1.96m. While insider transactions are not the most important thing when it comes to long-term investing, 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. The Executive Chairman & CEO Michael Farkas made the biggest insider purchase in the last 12 months. That single transaction was for US$1.7m worth of shares at a price of US$1.67 each. We do like to see buying, but this purchase was made at well below the current price of US$1.89. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price. In the last twelve months insiders purchased 1. Show less Read more
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