In trading on Monday, shares of New Mountain Finance Corp (NMFC) touched a new 52-week high of $15.32/share. That's a 10.53% rise, or $1.46 per share from the 52-week low of $13.86 set back on 05/09/2014. That means at today's intraday high, any investor who purchased NMFC 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, NMFC has seen 10 different instances of insiders buying over the trailing six month period.
|03/07/2014||Robert Hamwee||CEO, President and Director||12,000||$14.75||$176,984.40|
|03/07/2014||John Kline||COO and EVP||540||$14.70||$7,938.00|
|03/12/2014||David M. Cordova||CFO and Treasurer||1,500||$14.81||$22,215.00|
|04/16/2014||James Stone||Section 16 Officer||1,500||$14.24||$21,355.44|
|04/28/2014||Robert Hamwee||CEO, President and Director||15,000||$14.31||$214,692.00|
|04/29/2014||Paula Bosco||Chief Compliance Officer||2,125||$14.26||$30,302.22|
|06/11/2014||Paula Bosco||Chief Compliance Officer||623||$14.34||$8,933.76|
|06/11/2014||Alfred F. Hurley Jr.||Director||7,000||$14.43||$101,010.00|
|06/16/2014||Adam Weinstein||EVP, CAO and Director||3,500||$14.35||$50,224.65|
|08/13/2014||Steven B. Klinsky||Director||212,060||$15.10||$3,203,024.98|
|08/15/2014||Steven B. Klinsky||Director||117,940||$15.19||$1,791,413.72|
In afternoon trading on Monday, NMFC shares are changing hands at $15.29/share, slightly below the new 52-week high.