In trading on Tuesday, shares of Chimera Investment Corporation (CIM - Get Report) 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.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased Insider Title Shares Price/Share Value
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

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

Chimera Investment Corporation Moving Averages Chart

In afternoon trading on Tuesday, CIM shares are changing hands at $3.35/share, slightly below the new 52-week high.