Insider Bets Paying Off At DGI As New 52-Week High Reached
In trading on Friday, shares of DigitalGlobe Inc (Symbol: DGI) touched a new 52-week high of $27.25/share. That's a 130.93% rise, or $15.45 per share from the 52-week low of $11.80 set back on 01/20/2016. That means at today's intraday high, any investor who purchased DGI 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, DGI has seen 8 different instances of insiders buying over the trailing six month period.
James M. Whitehurst
Roxanne J. Decyk
Howell M. Estes
Jeffrey R. Tarr
President and CEO
SVP, Strategy, Comms and Mktg
L. Roger Mason Jr.
The chart below shows where DGI has traded over the past year, with the 50-day and 200-day moving averages included.
In afternoon trading on Friday, DGI shares are changing hands at $26.85/share, slightly below the new 52-week high.