Insiders Were Right: GPX Makes New 52-Week High

In trading on Friday, shares of GP Strategies Corp. (GPX) touched a new 52-week high of $28.65/share. That's a 46.25% rise, or $9.06 per share from the 52-week low of $19.59 set back on 07/27/2016. That means at today's intraday high, any investor who purchased GPX 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, GPX 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
08/02/2016 A. Marvin Strait Director 1,500 $22.55 $33,825.00
09/09/2016 Samuel D. Robinson Director 9,294 $24.47 $227,411.17
09/09/2016 Capital Partners, L.P. Sagard 9,294 $24.47 $227,411.17
09/13/2016 Samuel D. Robinson Director 9,414 $24.45 $230,181.24
09/13/2016 Capital Partners, L.P. Sagard 9,414 $24.45 $230,181.24
09/15/2016 Samuel D. Robinson Director 9,414 $24.77 $233,200.31
09/15/2016 Capital Partners, L.P. Sagard 9,414 $24.77 $233,200.31
09/19/2016 Samuel D. Robinson Director 5,757 $25.00 $143,925.00
09/19/2016 Capital Partners, L.P. Sagard 5,757 $25.00 $143,925.00
09/21/2016 Samuel D. Robinson Director 8,988 $24.99 $224,601.13
09/21/2016 Capital Partners, L.P. Sagard 8,988 $24.99 $224,601.13
09/22/2016 Capital Partners, L.P. Sagard 1,100 $25.00 $27,500.00
09/22/2016 Samuel D. Robinson Director 1,100 $25.00 $27,500.00
09/27/2016 Capital Partners, L.P. Sagard 7,762 $24.72 $191,896.43
09/27/2016 Samuel D. Robinson Director 7,762 $24.72 $191,896.43
09/29/2016 Samuel D. Robinson Director 7,762 $24.67 $191,451.28
09/29/2016 Capital Partners, L.P. Sagard 7,762 $24.67 $191,451.28
10/03/2016 Samuel D. Robinson Director 7,288 $24.77 $180,518.20
10/03/2016 Capital Partners, L.P. Sagard 7,288 $24.77 $180,518.20
10/05/2016 Samuel D. Robinson Director 6,814 $24.66 $168,024.38
10/05/2016 Capital Partners, L.P. Sagard 6,814 $24.66 $168,024.38
10/10/2016 Samuel D. Robinson Director 9,699 $24.63 $238,902.06
10/10/2016 Capital Partners, L.P. Sagard 9,699 $24.63 $238,902.06
10/12/2016 Capital Partners, L.P. Sagard 5,770 $24.74 $142,770.57
10/12/2016 Samuel D. Robinson Director 5,770 $24.74 $142,770.57
10/14/2016 Capital Partners, L.P. Sagard 5,770 $24.10 $139,075.46
10/14/2016 Samuel D. Robinson Director 5,770 $24.10 $139,075.46
10/18/2016 Capital Partners, L.P. Sagard 4,144 $24.25 $100,485.99
10/18/2016 Samuel D. Robinson Director 4,144 $24.25 $100,485.99
10/20/2016 Capital Partners, L.P. Sagard 4,144 $24.67 $102,227.71
10/20/2016 Samuel D. Robinson Director 4,144 $24.67 $102,227.71
10/24/2016 Capital Partners, L.P. Sagard 4,022 $24.73 $99,457.64
10/24/2016 Samuel D. Robinson Director 4,022 $24.73 $99,457.64
10/26/2016 Samuel D. Robinson Director 2,450 $24.93 $61,082.58
10/26/2016 Capital Partners, L.P. Sagard 2,450 $24.93 $61,082.58
10/28/2016 Samuel D. Robinson Director 3,900 $25.00 $97,500.00
10/28/2016 Capital Partners, L.P. Sagard 3,900 $25.00 $97,500.00
10/31/2016 Samuel D. Robinson Director 180 $25.00 $4,500.00
10/31/2016 Capital Partners, L.P. Sagard 180 $25.00 $4,500.00
11/03/2016 Samuel D. Robinson Director 3,680 $24.82 $91,321.78
11/03/2016 Capital Partners, L.P. Sagard 3,680 $24.82 $91,321.78
11/04/2016 Samuel D. Robinson Director 1,840 $25.00 $46,000.00
11/04/2016 Capital Partners, L.P. Sagard 1,840 $25.00 $46,000.00
11/09/2016 Capital Partners, L.P. Sagard 2,901 $24.94 $72,357.23
11/09/2016 Samuel D. Robinson Director 2,901 $24.94 $72,357.23

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

GP Strategies Corp. Moving Averages Chart

In afternoon trading on Friday, GPX shares are changing hands at $28.50/share, slightly below the new 52-week high.

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