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There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 15, Energizer Holdings Inc's Director, Patrick J. Moore, invested $152,500.00 into 5,000 shares of ENR, for a cost per share of $30.50. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Wednesday, bargain hunters could buy shares of Energizer Holdings Inc (Symbol: ENR) and achieve a cost basis 2.0% cheaper than Moore, with shares changing hands as low as $29.89 per share. It should be noted that Moore has collected $0.30/share in dividends since the time of their purchase, so they are currently down 1.0% on their purchase from a total return basis. Energizer Holdings Inc shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of ENR shares, versus its 200 day moving average:

Looking at the chart above, ENR's low point in its 52 week range is $27.68 per share, with $37.52 as the 52 week high point — that compares with a last trade of $30.29. By comparison, below is a table showing the prices at which ENR insider buying was recorded over the last six months:

The current annualized dividend paid by Energizer Holdings Inc is $1.2/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/20/2024. Below is a long-term dividend history chart for ENR, which can be of good help in judging whether the most recent dividend with approx. 4.0% annualized yield is likely to continue.

Also see:

Funds Holding FAST
RSYS Videos
VYNT shares outstanding history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.