Notable Evergy Insider Makes $2.5M Buy
C. John Wilder By Jeffrey C. Debruin Attorney-In-Fact, Director at Evergy (NYSE:EVRG), made a large insider buy on October 6, according to a new SEC filing.
Last Week’s Notable Insider Buys Included Evergy, Frontier Communications And More
Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain.
The week's most notable insider buys were at an REIT, a telecommunications company, a biotech and a utility.
Owners with more than a 10% stake have been bolstering those stakes.
3 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Wells Fargo Maintains Equal-Weight on Evergy, Lowers Price Target to $68
Wells Fargo analyst Sarah Akers maintains Evergy (NYSE:EVRG) with a Equal-Weight and lowers the price target from $72 to $68.
Anterix To Lease 900 MHz Spectrum To Evergy For Kansas, Missouri
Anterix Inc (NASDAQ:ATEX) agreed to a long-term lease of its 900 MHz broadband spectrum throughout Evergy Inc’s (NYSE:EVRG) 28,130-square mile service territory in…
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