Insider Bets Paying Off At BCO As New 52-Week High Reached

Shutterstock photo

In trading on Friday, shares of Brinks Co (Symbol: BCO) touched a new 52-week high of $87.89/share. That's a 112.55% rise, or $46.54 per share from the 52-week low of $41.35 set back on 01/12/2017. That means at today's intraday high, any investor who purchased BCO 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, BCO has seen 3 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
10/26/2017 Ronald James Domanico EVP, Chief Financial Officer 3,000 $77.49 $232,473.00
10/26/2017 Douglas A. Pertz President and CEO 1,280 $78.00 $99,840.00
10/30/2017 Douglas A. Pertz President and CEO 1,300 $77.00 $100,100.00
11/02/2017 Douglas A. Pertz President and CEO 6,570 $76.18 $500,502.60
11/01/2017 Ronald James Domanico EVP, Chief Financial Officer 3,000 $76.85 $230,550.00
12/12/2017 George I. Stoeckert Director 2,700 $80.55 $217,491.50

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

Brinks Co Moving Averages Chart

In afternoon trading on Friday, BCO shares are changing hands at $83.85/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
Referenced Symbols: BCO

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?