In trading on Thursday, shares of New Mountain Finance Corp (NMFC) touched a new 52-week high of $14.30/share. That's a 31.55% rise, or $3.43 per share from the 52-week low of $10.87 set back on 01/20/2016. That means at today's intraday high, any investor who purchased NMFC 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, NMFC has seen 7 different instances of insiders buying over the trailing six month period.
|10/31/2016||Robert Hamwee||CEO and Director||25,000||$13.33||$333,311.25|
|11/02/2016||John Kline||President and COO||4,200||$13.20||$55,440.00|
|11/03/2016||Adam Weinstein||EVP, CAO and Director||3,750||$13.23||$49,630.25|
|11/03/2016||Steven B. Klinsky||Director||214,276||$13.28||$2,846,275.33|
|11/04/2016||John Kline||President and COO||5,440||$13.23||$71,994.80|
|11/04/2016||Karrie J. Jerry||CCO and Corporate Secretary||150||$13.20||$1,980.00|
|11/07/2016||James Stone||Section 16 Officer||1,970||$13.35||$26,295.55|
|11/07/2016||Steven B. Klinsky||Director||155,724||$13.37||$2,082,362.57|
|11/08/2016||Steven B. Klinsky||Director||12,154||$13.47||$163,750.84|
In afternoon trading on Thursday, NMFC shares are changing hands at $14.22/share, slightly below the new 52-week high.