Insiders Seeing Green With DEL At New 52-Week High

In trading on Monday, shares of Deltic Timber Corp. (DEL) touched a new 52-week high of $74.70/share. That's a 46.93% rise, or $23.86 per share from the 52-week low of $50.84 set back on 01/20/2016. That means at today's intraday high, any investor who purchased DEL 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, DEL has seen 2 different instances of insiders buying over the trailing six month period.

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Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased Insider Title Shares Price/Share Value
08/09/2016 Robert Madison Murphy Director 4,389 $45.34 $198,996.38
11/07/2016 Robert Calvert Nolan Director 5,000 $56.80 $284,004.65

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

Deltic Timber Corp. Moving Averages Chart

In afternoon trading on Monday, DEL shares are changing hands at $74.56/share, slightly below the new 52-week high.

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