Insiders Were Right: CSWC Makes New 52-Week High


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In trading on Tuesday, shares of Capital Southwest Corporation (Symbol: CSWC) touched a new 52-week high of $37.87/share. That's a 22.76% rise, or $7.02 per share from the 52-week low of $30.85 set back on 10/03/2013. That means at today's intraday high, any investor who purchased CSWC 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, CSWC has seen 4 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
01/31/2014 David R. Brooks Director 1,500 $35.11 $52,665.00
02/03/2014 Joseph B. Armes President and CEO 3,000 $34.37 $103,110.00
03/19/2014 Bowen S. Diehl SVP and CIO 1,100 $34.89 $38,380.00
03/21/2014 Bowen S. Diehl SVP and CIO 1,473 $35.06 $51,643.38
03/24/2014 Bowen S. Diehl SVP and CIO 1,427 $35.41 $50,530.07
05/20/2014 Bowen S. Diehl SVP, CIO 5,000 $35.09 $175,450.00
06/05/2014 Joseph B. Armes President and CEO 3,002 $35.29 $105,935.53
06/23/2014 Matthew Bailey Golden Vice President 1,500 $35.36 $53,040.00

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

Capital Southwest Corporation Moving Averages Chart

In afternoon trading on Tuesday, CSWC shares are changing hands at $37.45/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: CSWC

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