In trading on Monday, shares of Marine Products Corp (MPX - Get Report) touched a new 52-week high of $16.44/share. That's a 87.67% rise, or $7.68 per share from the 52-week low of $8.76 set back on 10/24/2016. That means at today's intraday high, any investor who purchased MPX 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, MPX has seen 2 different instances of insiders buying over the trailing six month period.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased Insider Title Shares Price/Share Value
05/17/2017 Timothy Curtis Rollins Director 5,000 $12.67 $63,373.83
08/24/2017 Pam R. Rollins Director 6,070 $14.90 $90,441.32
08/25/2017 Pam R. Rollins Director 3,930 $15.14 $59,482.51

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

Marine Products Corp Moving Averages Chart

In afternoon trading on Monday, MPX shares are changing hands at $15.96/share, slightly below the new 52-week high.