In trading on Tuesday, shares of Chimera Investment Corporation (CIM) touched a new 52-week high of $3.36/share. That's a 14.68% rise, or $0.43 per share from the 52-week low of $2.93 set back on 12/05/2013. That means at today's intraday high, any investor who purchased CIM 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, CIM has seen 4 different instances of insiders buying over the trailing six month period.
|08/14/2014||Robert S. Colligan||Chief Financial Officer||30,000||$3.21||$96,300.00|
|08/13/2014||Matthew Lambiase||CEO, President and Director||100,000||$3.20||$320,000.00|
|08/15/2014||William B. Dyer||Head of Underwriting||15,000||$3.24||$48,600.00|
|08/14/2014||Mohit Marria||Chief Investment Officer||42,500||$3.21||$136,425.00|
In afternoon trading on Tuesday, CIM shares are changing hands at $3.35/share, slightly below the new 52-week high.