Ally Financial (ALLY) was Smart Insider's stock pick of the week after the company's Chief Financial Officer Russell Hutchinson bought $753,000 worth of Ally Financial's shares at $39.45 apiece on Jan. 24, increasing his ownership by 10%.
Hutchinson already met the ownership requirement and it is "encouraging to see him buying in good size," Smart Insider said in a note Tuesday.
The CFO's purchase was his first since joining the firm and it follows "reasonable" stock price performance and is in a "good absolute size," the note said.
Smart Insider ranked the stock +1, or strong positive signal, on Jan. 28.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。