Insider Buying: DPC (NYSE:DPC) COO Buys $2,837,109.00 in Stock

DPC Holdings PLC (NYSE:DPC) COO Jason Mays bought 85,973 shares of the company’s stock in a transaction on Friday, June 26th. The shares were acquired at an average price of $33.00 per share, with a total value of $2,837,109.00. Following the transaction, the chief operating officer directly owned 93,456 shares in the company, valued at approximately $3,084,048. The trade was a 1,148.91% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

DPC Stock Up 1.8%

DPC stock opened at $47.99 on Monday. DPC Holdings PLC has a twelve month low of $42.90 and a twelve month high of $49.35.

DPC News Summary

Here are the key news stories impacting DPC this week:

• Positive Sentiment: CEO Michael (Mike) Joseph Quinn bought 435,121 shares, a sizable personal commitment that may be interpreted as a strong vote of confidence in DPC’s post-IPO valuation. Article link
• Positive Sentiment: CFO David John Egan bought 275,363 shares, while COO Jason Mays added 85,973 shares, reinforcing the message that management believes the stock is attractively priced. Article link Article link
• Positive Sentiment: Several directors also purchased shares, including Dirkson R. Charles, Taiwo K. Danmola, Stanley A. Deal, Willibald Meixner, and Nick Sanders, broadening the sense of insider support across the board. Article link Article link Article link Article link Article link
• Neutral Sentiment: The company’s quiet period is set to end on August 4, which could bring new analyst coverage after the IPO and may influence trading as brokerages begin publishing research. Article link