In trading on Monday, shares of TCP Capital Corp. (TCPC) touched a new 52-week high of $16.98/share. That's a 18.00% rise, or $2.59 per share from the 52-week low of $14.39 set back on 12/13/2012. That means at today's intraday high, any investor who purchased TCPC 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, TCPC has seen 4 different instances of insiders buying over the trailing six month period.
|08/13/2013||Howard Levkowitz||CEO/Officer of Advisor||10,000||$15.28||$152,750.00|
|08/19/2013||Eric John Draut||Director||1,000||$15.05||$15,050.00|
|08/19/2013||Peter E. Schwab||Director||2,000||$15.15||$30,291.60|
In afternoon trading on Monday, TCPC shares are changing hands at $16.96/share, slightly below the new 52-week high.