Insiders Were Right: CLB Makes New 52-Week High

In trading on Tuesday, shares of Core Laboratories N.V. ( CLB) touched a new 52-week high of $201.80/share. That's a 62.39% rise, or $77.53 per share from the 52-week low of $124.27 set back on 04/17/2013. That means at today's intraday high, any investor who purchased CLB 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, CLB has seen 3 different instances of insiders buying over the trailing six month period.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased Insider Title Shares Price/Share Value
02/28/2014 Margaret Ann Van Kempen Director 100 $184.79 $18,479.00
02/28/2014 Jan Willem Sodderland Director 100 $188.64 $18,864.00
02/26/2014 Charles L. Dunlap Director 200 $187.70 $37,540.00

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

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