In trading on Thursday, shares of Howard Hughes Corp ( HHC) touched a new 52-week high of $120.50/share. That's a 78.70% rise, or $53.07 per share from the 52-week low of $67.43 set back on 11/14/2012. That means at today's intraday high, any investor who purchased HHC 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, HHC has seen 4 different instances of insiders buying over the trailing six month period.
|06/03/2013||David Weinreb||Chief Executive Officer||10,000||$99.56||$995,634.00|
|06/11/2013||Mary Ann Tighe||Director||4,760||$105.14||$500,456.00|
|06/13/2013||Steven H. Shepsman||Director||931||$101.90||$94,868.90|
|08/13/2013||Mary Ann Tighe||Director||4,626||$107.43||$496,949.50|
|08/15/2013||Jeffrey D. Furber||Director||1,000||$104.43||$104,427.70|
In afternoon trading on Thursday, HHC shares are changing hands at $119.81/share, slightly below the new 52-week high.