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

In trading on Tuesday, shares of Abercrombie & Fitch Co. ( ANF) touched a new 52-week high of $44.75/share. That's a 43.71% rise, or $13.61 per share from the 52-week low of $31.14 set back on 12/18/2013. That means at today's intraday high, any investor who purchased ANF 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, ANF has seen 3 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
02/27/2014 Arthur C. Martinez Director 10,000 $39.35 $393,500.00
03/18/2014 Charles R. Perrin Director 10,000 $39.50 $394,970.00
05/30/2014 Craig R. Stapleton Director 10,000 $37.30 $373,000.00

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

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