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

In trading on Thursday, shares of Curtiss-Wright Corp. (Symbol: CW) touched a new 52-week high of $267.42/share. That's a 69.55% rise, or $109.7 per share from the 52-week low of $157.72 set back on 05/04/2023. That means at today's intraday high, any investor who purchased CW 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, CW has seen 5 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
01/04/2024 K. Christopher Farkas Vice President and CFO 51 $189.32 $9,655.35
01/04/2024 Paul J. Ferdenzi Vice President and Corp. Sec. 42 $189.32 $7,951.46
01/04/2024 John C. Watts Vice President Strat & Bus Dev 30 $189.32 $5,679.61
01/04/2024 Lynn M. Bamford Chair and CEO 52 $189.32 $9,844.67
01/04/2024 Robert F. Freda Vice President and Treasurer 49 $189.32 $9,276.70

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

Curtiss-Wright Corp. Moving Averages Chart

In afternoon trading on Thursday, CW shares are changing hands at $261.24/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Also see:

• VST Options Chain
• Institutional Holders of STXV
• FVAC Options Chain

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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