Insiders Seeing Green With BDSI At New 52-Week High

In trading on Tuesday, shares of BioDelivery Sciences International Inc ( BDSI) touched a new 52-week high of $14.95/share. That's a 259.37% rise, or $10.79 per share from the 52-week low of $4.16 set back on 11/14/2013. That means at today's intraday high, any investor who purchased BDSI 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, BDSI has seen 2 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
06/25/2014 Ernest Robert De Paolantonio CFO and Secretary 1,250 $12.13 $15,162.50
08/22/2014 Charles Bramlage Director 1,800 $13.85 $24,930.00

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

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