Insider Buying: United Co.s (TSE:UNC) Insider Acquires 1,300 Shares of Stock

Key Points

• United Corporations Limited purchased 1,300 United Co.s shares on September 30 at an average price of C$14.85, investing C$19,305 and bringing its direct holdings to 1,300 shares.
• The insider has made multiple additional purchases since July, totaling 1,900 shares across the reported transactions and signaling continued buying activity.
• United Co.s shares recently traded at C$15.00, with a C$1.69 billion market capitalization, a price-to-earnings ratio of 4.84, and a 52-week range of C$13.23 to C$16.37.

United Co.s Limited (TSE:UNC - Get Free Report) insider United Corporations Limited bought 1,300 shares of United Co.s stock in a transaction dated Wednesday, September 30th. The stock was purchased at an average price of C$14.85 per share, for a total transaction of C$19,305.00. Following the purchase, the insider directly owned 1,300 shares in the company, valued at C$19,305. This represents a ∞ increase in their position.

United Corporations Limited also recently made the following trade(s):

• On Wednesday, September 23rd, United Corporations Limited purchased 200 shares of United Co.s stock. The shares were purchased at an average cost of C$14.50 per share, with a total value of C$2,900.00.
• On Monday, September 28th, United Corporations Limited purchased 100 shares of United Co.s stock. The stock was purchased at an average price of C$14.53 per share, for a total transaction of C$1,453.00.
• On Tuesday, August 25th, United Corporations Limited acquired 100 shares of United Co.s stock. The shares were purchased at an average cost of C$15.00 per share, for a total transaction of C$1,500.00.
• On Thursday, August 27th, United Corporations Limited bought 700 shares of United Co.s stock. The stock was purchased at an average price of C$14.94 per share, with a total value of C$10,458.00.
• On Friday, August 28th, United Corporations Limited bought 200 shares of United Co.s stock. The stock was acquired at an average cost of C$14.93 per share, for a total transaction of C$2,986.00.
• On Thursday, July 23rd, United Corporations Limited purchased 400 shares of United Co.s stock. The shares were acquired at an average cost of C$14.93 per share, with a total value of C$5,972.00.
• On Friday, July 24th, United Corporations Limited acquired 200 shares of United Co.s stock. The stock was acquired at an average price of C$15.00 per share, with a total value of C$3,000.00.

United Co.s Price Performance

Shares of UNC stock traded up C$0.04 during trading hours on Thursday, hitting C$15.00. 6,600 shares of the company's stock were exchanged, compared to its average volume of 5,301. The stock's 50-day moving average is C$14.86 and its 200-day moving average is C$14.73. The stock has a market cap of C$1.69 billion, a price-to-earnings ratio of 4.84 and a beta of 0.75. United Co.s Limited has a 52 week low of C$13.23 and a 52 week high of C$16.37.

About United Co.s

The objective of the Company is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Short-term volatility is expected and tolerated. Management remains confident that the Companys investment strategy will reward shareholders over the long-term.The investment portfolio of the Company comprises primarily foreign equities. Net equity value and net investment income may vary significantly from period to period depending on the economic environment and market conditions.

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