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

In trading on Tuesday, shares of National Health Investors, Inc. (Symbol: NHI) touched a new 52-week high of $68.14/share. That's a 40.47% rise, or $19.63 per share from the 52-week low of $48.51 set back on 10/23/2023. That means at today's intraday high, any investor who purchased NHI 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, NHI has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
02/27/2024 Charlotte A. Swafford Director 10,000 $58.69 $586,882.00
05/31/2024 Robert A. McCabe Jr. Director 437 $65.83 $28,768.23

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

National Health Investors, Inc. Moving Averages Chart

In afternoon trading on Tuesday, NHI shares are changing hands at $67.69/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Also see:

• Earnings Calendar
• HRS shares outstanding history
• FUBO market cap history

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

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