In trading on Tuesday, shares of FreightCar America (RAIL) touched a new 52-week high of $25.34/share. That's a 53.30% rise, or $8.81 per share from the 52-week low of $16.53 set back on 07/17/2013. That means at today's intraday high, any investor who purchased RAIL stock any time over the past 52 weeks has an unrealized gain, including company insiders.
Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, RAIL has seen 2 different instances of insiders buying over the trailing six month period.
|08/23/2013||Andrew B. Schmitt||Director||10,000||$18.56||$185,552.05|
|08/30/2013||Charles F. Avery Jr.||VP Finance, CFO and Treasurer||3,000||$18.14||$54,420.00|
|11/04/2013||Charles F. Avery Jr.||VP Finance, CFO and Treasurer||1,500||$22.66||$33,990.00|
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