Post by
zack50 on Mar 16, 2022 9:37am
And yet again...
On March 4, chair of the board of directors Bill Holland bought 50,000 shares at a price per share of $20.20 for an account in which he has indirect ownership (WH Corp.), increasing this particular accounts position to 1,325,000 shares. The cost of this purchase exceeded $1-million. Last month, we reported that Mr. Holland invested over $4.4-million in shares of CI with the purchase of 200,000 shares between Feb. 3 and Feb. 23. Mr. Holland is CIs former chief executive officer. The company pays its shareholders a quarterly dividend of 18 cents per share or 72 cents per share yearly, equating to a current annualized yield of approximately 3.7 per cent.
Comment by
Ronbromleygross on Mar 16, 2022 12:54pm
Way to go Bill. Yeah he must know a screaming buy when he sees it. Down from a recent high of $31? I'd say this current $21 price is pretty ridiculous! Undervalued I agree. Thanks for sharing Zach50 Ron
Comment by
Nadia6519 on Mar 20, 2022 8:25am
According to both StockCalc (weighted valuation 27.64) and Value Analyzer (fair value 34.88), this stock is indeed undervalued.