Insiders Seeing Green With SWC At New 52-Week High

In trading on Monday, shares of Stillwater Mining Co. (SWC) touched a new 52-week high of $13.99/share. That's a 43.05% rise, or $4.21 per share from the 52-week low of $9.78 set back on 06/24/2013. That means at today's intraday high, any investor who purchased SWC 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, SWC has seen 2 different instances of insiders buying over the trailing six month period.

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Purchased Insider Title Shares Price/Share Value
12/06/2013 Patrice E. Merrin Director 2,000 $11.11 $22,218.00
12/10/2013 Michael McMullen President and CEO 3,000 $11.77 $35,310.00

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

Stillwater Mining Co. Moving Averages Chart

In afternoon trading on Monday, SWC shares are changing hands at $13.58/share, slightly below the new 52-week high.

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