In trading on Thursday, shares of Financial Institutions Inc. (FISI) touched a new 52-week high of $29.60/share. That's a 20.52% rise, or $5.04 per share from the 52-week low of $24.56 set back on 06/27/2016. That means at today's intraday high, any investor who purchased FISI 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, FISI has seen 5 different instances of insiders buying over the trailing six month period.
|07/29/2016||Andrew W. Dorn Jr.||Director||1,000||$27.11||$27,110.00|
|08/17/2016||William L. Kreienberg||EVP, CAO, Gen'l Counsel & CRO||3,000||$26.43||$79,290.00|
|08/17/2016||Martin Kearney Birmingham||President & CEO||5,000||$26.64||$133,200.00|
|08/24/2016||Kevin B. Klotzbach||EVP & Chief Financial Officer||900||$27.04||$24,336.00|
|08/26/2016||Charles J. Guarino||Senior Vice President||400||$26.47||$10,588.00|
In afternoon trading on Thursday, FISI shares are changing hands at $28.80/share, slightly below the new 52-week high.