Jefferson-Pilot Corp
Article Abstract:
Holding company Jefferson-Pilot Corp was given a buy rating last Mar 13, 1992 at $35.63. In Jan 1993, the buy rating for the stock remained even at a price of $47. The suggestions were based on Dir Clemmie D. Spangler's strong insider acquisition. The stock is currently trading at the $50 level and Spangler reportedly bought another 207,000 shares between Jan 5 and 15, 1993 at an average price of $48. The new purchase indicates that the stock is still reacting favorably to fundamentals.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
ITT Corp
Article Abstract:
ITT Corp engages in finance, insurance and defense among others. Three insiders immediately disposed of 46,666 shares last Feb 16-17, 1993 at the $72 to $75 level just as Pres Bill Clinton's insurance plan was being announced. Two of the sellers did so for the 1st time ever. It should be noted that the sales exceeded those for any entire year for the stock. The insiders' reaction to Clinton's plan deserves cautious consideration.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Jefferson-Pilot Corp
Article Abstract:
Jefferson-Pilot Corp belongs to the insurance industry category. Pres David A. Stonecipher accumulated 2,000 shares last Nov 9, 1992 at an average cost of $39.68. Dir Clemmie D. Spangler, on the other hand, purchased 88,800 shares between Nov 23 and Nov 30, 1992, raising his stake to 2,088,800. The insider accumulation in Nov 1992 at relatively higher prices indicates that fundamental factors are quite stable.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
User Contributions:
Comment about this article or add new information about this topic: