Insider Bets Paying Off At NATI As New 52-Week High Reached

In trading on Monday, shares of National Instruments Corp. (NATI) touched a new 52-week high of $33.00/share. That's a 25.71% rise, or $6.75 per share from the 52-week low of $26.25 set back on 04/30/2014. That means at today's intraday high, any investor who purchased NATI 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, NATI 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
05/13/2014 Duy Loan T. LE Director 3,500 $27.57 $96,490.80
08/01/2014 Michael E. McGrath Director 2,000 $31.62 $63,250.00

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

National Instruments Corp. Moving Averages Chart

In afternoon trading on Monday, NATI shares are changing hands at $32.82/share, slightly below the new 52-week high.

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