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 10, Mosaic Co ‘s Director, Emery N. Koenig, invested $ 97,037.70 into 3,000 shares of MOS, for a cost per share of $ 32.35. 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 Thursday, bargain hunters could buy shares of Mosaic Co (Symbol: MOS) and achieve a cost basis 1.0% cheaper than Koenig, with shares changing hands as low as $ 32.02 per share. Mosaic Co shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of MOS shares, versus its 200 day moving average:
Looking at the chart above, MOS’s low point in its 52 week range is $ 22.77 per share, with $ 34.36 as the 52 week high point – that compares with a last trade of $ 32.15. By comparison, below is a table showing the prices at which MOS insider buying was recorded over the last six months:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 02/10/2017 | Emery N. Koenig | Director | 3,000 | $ 32.35 | $ 97,037.70 |
The current annualized dividend paid by Mosaic Co is $ 1.10/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 02/28/2017. Below is a long-term dividend history chart for MOS, which can be of good help in judging whether the most recent dividend with approx. 3.3% annualized yield is likely to continue. 
MOS makes up 8.79% of the PowerShares Global Agriculture Portfolio ETF (Symbol: PAGG)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Plantations International