Halliburton: New Director Makes Big Stock Purchase

[Stocks-to-Watch]

Halliburton (HAL) director Murry Gerber is clearly feeling bullish on the stock; he recently made the largest buy by any insider at the company since at least 2003, according to InsiderScore.com.

Gerber, the former CEO of gas explorer EQT Corporation, was just appointed to the Haliburton board last month. Weeks later, he spent $1.1 million to buy 30,000 Halliburton shares.

“Gerber is a new director who knows the energy space and it’s good to see him step up with more than a token purchase,” an InsiderScore.com analyst wrote.



Original Article Source by Barrons.com