In trading on Monday, shares of Chatham Lodging Trust (Symbol: CLDT) touched a new 52-week high of $21.95/share. That's a 36.08% rise, or $5.82 per share from the 52-week low of $16.13 set back on 06/24/2013. That means at today's intraday high, any investor who purchased CLDT 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, CLDT has seen 2 different instances of insiders buying over the trailing six month period.
Dennis M. Craven
EVP & Chief Financial Officer
Jeffrey H. Fisher
Chairman, President and CEO
The chart below shows where CLDT has traded over the past year, with the 50-day and 200-day moving averages included.
In afternoon trading on Monday, CLDT shares are changing hands at $21.80/share, slightly below the new 52-week high.