[ in·sid·er trade ]
 
Insider is a term describing a director or senior officer of a publicly traded company, as well as any person or entity, that beneficially owns more than 10% of a company's voting shares. Insiders have to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. 

Director at mining company buys 3000 company shares in an open market transaction

Patrick Bartels buys 3000 shares of Arch Resources at $45.87 for a value of $137,595.


COMPANY INFORMATION
  ARCH by TradingView   
 
 
Company Info:
Arch Resources, Inc. produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2019, the company operated eight active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,095 acres of coal land in Virginia; 323,736 acres of coal land in West Virginia; 81,470 acres of coal land in Wyoming; 268,337 acres of coal land in Illinois; 33,272 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 358 acres of coal land in Pennsylvania; and 19,146 acres of coal land in Colorado, as well as smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas. The company sells its products to utility, industrial, and steel producers in the United States, Europe, Asia, Central and South America, and Africa. The company was formerly known as Arch Coal, Inc. and changed its name to Arch Resources, Inc. in May 2020. Arch Resources, Inc. was founded in 1969 and is headquartered in St. Louis, Missouri.

LATEST INSIDER ACTIVITY
INSIDER: 
Patrick Bartels
 
SHARES BOUGHT: 
3000
 
PURCHASE DATE: 
02/11/2021
TITLE: 
Director
 
% INCREASE: 
New Position
 
FILE DATE: 
02/12/2021 
INSIDER PURCHASE PRICE
$45.87
 
Insider Notes: 
Hamill Robert a Director purchased 2000 shares at $30.41 +2,00 for a 100% increase in shares owned . Transaction valued at $60,830
 
 
ANALYST RECOMMENDATION
 
 
TARGET PRICE:  
$60.81
 
TARGET GAIN: 
35%
 
 
AVERAGE RATING: 
BUY
 
ANALYST COVERING: 
5
IMPORTANT DISCLOSURE 
 
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TECHNICAL ANALYSIS
 
 
 
 
 
 
 
 
  
 
 

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