Insiders Seeing Green With OILT At New 52-Week High

In trading on Wednesday, shares of Oiltanking Partners LP ( OILT) touched a new 52-week high of $90.65/share. That's a 94.95% rise, or $44.15 per share from the 52-week low of $46.50 set back on 06/04/2013. That means at today's intraday high, any investor who purchased OILT 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, OILT has seen 4 different instances of insiders buying over the trailing six month period.

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Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased Insider Title Shares Price/Share Value
12/05/2013 Anne-marie Ainsworth President, CEO and Director 1,000 $58.40 $58,404.00
12/06/2013 David L. Griffis Director 86 $58.50 $5,030.66
01/06/2014 Anne-marie Ainsworth President, CEO and Director 1,000 $62.37 $62,367.50
01/08/2014 David L. Griffis Director 81 $61.90 $5,013.90
02/07/2014 David L. Griffis Director 78 $64.24 $5,011.00
03/07/2014 David L. Griffis Director 72 $69.02 $4,969.44
03/10/2014 Jonathan Z. Ackerman VP & CFO 1,000 $70.53 $70,527.00
03/21/2014 Kenneth F. Owen President & CEO 1,500 $74.34 $111,512.85
04/07/2014 Kenneth F. Owen President & CEO 1,500 $77.81 $116,721.90
04/07/2014 David L. Griffis Director 64 $78.51 $5,024.64
04/15/2014 Jonathan Z. Ackerman VP & CFO 600 $78.66 $47,193.00
05/07/2014 David L. Griffis Director 57 $89.66 $5,110.62
05/07/2014 Kenneth F. Owen President & CEO 150 $89.66 $13,449.00
05/08/2014 David L. Griffis Director 260 $84.50 $21,970.00

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

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