Insiders Seeing Green With FSIC At New 52-Week High
In trading on Monday, shares of FS Investment Corporation (Symbol: FSIC) touched a new 52-week high of $10.05/share. That's a 41.35% rise, or $2.94 per share from the 52-week low of $7.11 set back on 01/20/2016. That means at today's intraday high, any investor who purchased FSIC 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, FSIC has seen 3 different instances of insiders buying over the trailing six month period.
Pedro A. Ramos
James Francis Volk
Chief Compliance Officer
Gregory P. Chandler
The chart below shows where FSIC has traded over the past year, with the 50-day and 200-day moving averages included.
In afternoon trading on Monday, FSIC shares are changing hands at $9.95/share, slightly below the new 52-week high.