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

In trading on Tuesday, shares of Aaron's, Inc. (AAN) touched a new 52-week high of $36.94/share. That's a 58.88% rise, or $13.69 per share from the 52-week low of $23.25 set back on 10/24/2014. That means at today's intraday high, any investor who purchased AAN 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, AAN has seen 2 different instances of insiders buying over the trailing six month period.

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Purchased Insider Title Shares Price/Share Value
03/23/2015 Kathy T. Betty Director 89 $28.03 $2,494.67
04/01/2015 David L. Kolb Director 291 $27.52 $8,008.32
04/01/2015 Kathy T. Betty Director 291 $27.52 $8,008.32
04/23/2015 David L. Kolb Director 85 $29.37 $2,496.45
04/23/2015 Kathy T. Betty Director 85 $29.37 $2,496.45

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

Aaron's, Inc. Moving Averages Chart

In afternoon trading on Tuesday, AAN shares are changing hands at $36.83/share, slightly below the new 52-week high.

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