In trading on Monday, shares of Kayne Anderson MLP Investment Company (KYN) touched a new 52-week high of $40.41/share. That's a 17.40% rise, or $5.98999999999999 per share from the 52-week low of $34.42 set back on 10/09/2013. That means at today's intraday high, any investor who purchased KYN 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, KYN has seen 3 different instances of insiders buying over the trailing six month period.
|02/20/2014||James C. Baker||Executive Vice President||20,955||$37.03||$776,062.75|
|02/20/2014||Jody Meraz||Vice President||938||$37.05||$34,752.90|
|03/14/2014||Gerald I. Isenberg||Director||700||$36.45||$25,515.00|
In afternoon trading on Monday, KYN shares are changing hands at $40.22/share, slightly below the new 52-week high.