Insiders Seeing Green With STKL At New 52-Week High

In trading on Tuesday, shares of SunOpta Inc (STKL) touched a new 52-week high of $7.40/share. That's a 134.18% rise, or $4.24 per share from the 52-week low of $3.16 set back on 05/24/2016. That means at today's intraday high, any investor who purchased STKL 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, STKL has seen 6 different instances of insiders buying over the trailing six month period.

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Purchased Insider Title Shares Price/Share Value
05/18/2016 Joseph Davidson SVP and GM 1,000 $4.10 $4,100.00
05/20/2016 Hendrik Jacobs President & CEO 7,000 $3.85 $26,950.00
05/20/2016 Douglas Greene Director 50,000 $3.77 $188,500.00
05/20/2016 Jeremy Kendall Director 25,000 $3.84 $96,000.00
05/24/2016 Joseph Davidson SVP and GM 1,000 $3.44 $3,441.00
05/24/2016 Michael Detlefsen Director 4,000 $3.33 $13,320.00
05/24/2016 James Gratzek SVP 5,000 $3.35 $16,750.00
05/24/2016 Douglas Greene Director 30,000 $3.31 $99,300.00

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

SunOpta Inc Moving Averages Chart

In afternoon trading on Tuesday, STKL shares are changing hands at $7.17/share, slightly below the new 52-week high.

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