Insider BuyingAlways good to see, especially multiple buyers. GLTA
Listed below are securities that have had recent buying activity in the public market reported by insiders.
Neo Performance Materials Inc.
On June 13 and 14, chief financial officer Rahim Suleman invested over $607,000 in shares of Neo. He bought a total of 50,000 shares at an average cost per share of approximately $12.14, increasing this particular account’s position to 113,056 shares.
Between June 14-16, chief executive officer and director Constantine Karayannopoulos acquired a total of 8,300 shares at an average price per share of approximately $11.93, lifting this specific account’s holdings to 44,150 shares. The cost of these purchases totaled roughly $99,000, excluding trading fees.
Neo pays its shareholders a quarterly dividend of 10 cents per share or 40 cents per share yearly, equating to a current annualized yield of roughly 3.5 per cent.