Insiders Were Right: TEX Makes New 52-Week High

In trading on Monday, shares of Terex Corp. (TEX) touched a new 52-week high of $37.26/share. That's a 57.28% rise, or $13.57 per share from the 52-week low of $23.69 set back on 12/06/2012. That means at today's intraday high, any investor who purchased TEX 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, TEX has seen 9 different instances of insiders buying over the trailing six month period.

START SLIDESHOW:
Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased Insider Title Shares Price/Share Value
06/04/2013 George Ellis President, Construction 40 $34.72 $1,388.80
06/04/2013 Kevin Bradley SVP & Chief Financial Officer 50 $34.72 $1,736.00
06/04/2013 Kevin A. Barr Senior V. P. Human Resources 10 $34.72 $347.20
06/04/2013 Ronald M. Defeo Chairman & CEO 50 $34.72 $1,736.00
06/04/2013 Kenneth D. Lousberg President, Terex China 75 $34.72 $2,604.00
06/04/2013 Brian J. Henry SVP Finance, Bus Development 99 $34.72 $3,437.28
06/04/2013 Douglas R. Friesen Senior Vice President, TBS 139 $34.72 $4,826.08
06/04/2013 Timothy A. Ford President, Terex Cranes 25 $34.72 $868.00
07/05/2013 George Ellis President, Construction 34 $27.19 $924.46
07/05/2013 Kevin Bradley SVP & Chief Financial Officer 42 $27.19 $1,141.98
07/05/2013 Kevin A. Barr Senior V. P. Human Resources 8 $27.19 $217.52
07/05/2013 Ronald M. Defeo Chairman & CEO 42 $27.19 $1,141.98
07/05/2013 Kenneth D. Lousberg President, Terex China 63 $27.19 $1,712.97
07/05/2013 Brian J. Henry SVP Finance, Bus Development 85 $27.19 $2,311.15
07/05/2013 Douglas R. Friesen Senior Vice President, TBS 118 $27.19 $3,208.42
07/05/2013 Timothy A. Ford President, Terex Cranes 21 $27.19 $570.99
07/31/2013 Ronald M. Defeo Chairman & CEO 40 $29.10 $1,164.00
07/31/2013 Kevin A. Barr Senior V. P. Human Resources 8 $29.10 $232.80
07/31/2013 Kenneth D. Lousberg President, Terex China 59 $29.10 $1,716.90
07/31/2013 Brian J. Henry SVP Finance, Bus Development 79 $29.10 $2,298.90
07/31/2013 Douglas R. Friesen Senior Vice President, TBS 111 $29.10 $3,230.10
07/31/2013 George Ellis President, Construction 32 $29.10 $931.20
07/31/2013 Kevin Bradley SVP & Chief Financial Officer 40 $29.10 $1,164.00
07/31/2013 Timothy A. Ford President, Terex Cranes 20 $29.10 $582.00
08/29/2013 Paula H. Cholmondeley Director 4,019 $29.90 $120,168.10
09/06/2013 Kenneth D. Lousberg President, Terex China 57 $30.49 $1,737.93
09/06/2013 Brian J. Henry SVP Finance, Bus Development 75 $30.49 $2,286.75
09/06/2013 George Ellis President, Construction 30 $30.49 $914.70
09/06/2013 Douglas R. Friesen Senior Vice President, TBS 106 $30.49 $3,231.94
09/06/2013 Timothy A. Ford President, Terex Cranes 19 $30.49 $579.31
09/06/2013 Kevin Bradley SVP & Chief Financial Officer 38 $30.49 $1,158.62
09/06/2013 Kevin A. Barr Senior V. P. Human Resources 8 $30.49 $243.92
09/06/2013 Ronald M. Defeo Chairman & CEO 38 $30.49 $1,158.62
10/04/2013 Kenneth D. Lousberg President, Terex China 51 $34.03 $1,735.53
10/04/2013 Brian J. Henry SVP Finance, Bus Development 68 $34.03 $2,314.04
10/04/2013 Douglas R. Friesen Senior Vice President, TBS 41 $34.03 $1,395.23
10/04/2013 Timothy A. Ford President, Terex Cranes 17 $34.03 $578.51
10/04/2013 George Ellis President, Construction 28 $34.03 $952.84
10/04/2013 Kevin Bradley SVP & Chief Financial Officer 34 $34.03 $1,157.02
10/04/2013 Kevin A. Barr Senior V. P. Human Resources 7 $34.03 $238.21
10/04/2013 Ronald M. Defeo Chairman & CEO 34 $34.03 $1,157.02
11/01/2013 Timothy A. Ford President, Terex Cranes 17 $34.79 $591.43
11/01/2013 Kevin Bradley SVP & Chief Financial Officer 33 $34.79 $1,148.07
11/01/2013 Kevin A. Barr Senior V. P. Human Resources 7 $34.79 $243.53
11/01/2013 Ronald M. Defeo Chairman & CEO 33 $34.79 $1,148.07
11/01/2013 Kenneth D. Lousberg President, Terex China 50 $34.79 $1,739.50
11/01/2013 Brian J. Henry SVP Finance, Bus Development 66 $34.79 $2,296.14
11/01/2013 George Ellis President, Construction 26 $34.79 $904.54
11/01/2013 Brian J. Henry SVP Finance, Bus Development 66 $34.79 $2,296.14
11/01/2013 George Ellis President, Construction 26 $34.79 $904.54

The chart below shows where TEX has traded over the past year, with the 50-day and 200-day moving averages included.

Terex Corp. Moving Averages Chart

In afternoon trading on Monday, TEX shares are changing hands at $36.93/share, slightly below the new 52-week high.

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