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 August 6, Entergy Corp's Director, Ralph Lewis Ropp, invested $106,075.00 into 1,000 shares of ETR, for a cost per share of $106.08. 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 Tuesday, bargain hunters could buy shares of Entergy Corp (Symbol: ETR) and achieve a cost basis even cheaper than Ropp, with shares changing hands as low as $105.40 per share. Entergy Corp shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of ETR shares, versus its 200 day moving average:

Looking at the chart above, ETR's low point in its 52 week range is $86.40 per share, with $118.445 as the 52 week high point — that compares with a last trade of $106.54. By comparison, below is a table showing the prices at which ETR insider buying was recorded over the last six months:

The current annualized dividend paid by Entergy Corp is $2.56/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 08/13/2026. Below is a long-term dividend history chart for ETR, which can be of good help in judging whether the most recent dividend with approx. 2.4% annualized yield is likely to continue.

According to the ETF Finder at ETF Channel, ETR makes up 6.09% of the Tortoise Power And Energy Infrastructure Fund ETF (Symbol: TPZ) which is trading higher by about 0.8% on the day Tuesday. (see other ETFs holding ETR).

Click here to find out which 9 other energy stock bargains you can buy cheaper than insiders »

Further ETR Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.