In trading on Wednesday, shares of Argan Inc ( AGX) touched a new 52-week high of $22.47/share. That's a 61.65% rise, or $8.57 per share from the 52-week low of $13.90 set back on 04/11/2013. That means at today's intraday high, any investor who purchased AGX 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, AGX has seen 2 different instances of insiders buying over the trailing six month period.
|09/09/2013||Rainer H. Bosselmann||Chairman of the Board and CEO||841||$19.02||$15,995.74|
|09/13/2013||Rainer H. Bosselmann||Chairman of the Board and CEO||1,400||$19.58||$27,411.86|
|10/08/2013||William F. Leimkuhler||Director||4,000||$21.23||$84,903.13|
In afternoon trading on Wednesday, AGX shares are changing hands at $22.47/share, right at the new 52-week high.