In trading on Wednesday, shares of LGI Homes, Inc. (LGIH - Get Report) touched a new 52-week high of $23.48/share. That's a 92.30% rise, or $11.27 per share from the 52-week low of $12.21 set back on 01/14/2015. That means at today's intraday high, any investor who purchased LGIH 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, LGIH has seen 4 different instances of insiders buying over the trailing six month period.
|03/18/2015||Bryan Christopher Sansbury||Director||3,000||$14.31||$42,938.75|
|03/19/2015||Duncan S. Gage||Director||26,983||$14.54||$392,322.52|
|03/19/2015||Margaret Mary Britton||Chief Administrative Officer||2,500||$14.56||$36,388.95|
In afternoon trading on Wednesday, LGIH shares are changing hands at $22.45/share, slightly below the new 52-week high.