Insiders Seeing Green With STKL At New 52-Week High

In trading on Thursday, shares of SunOpta Inc (Symbol: STKL) touched a new 52-week high of $11.47/share. That's a 171.80% rise, or $7.25 per share from the 52-week low of $4.22 set back on 02/24/2022. That means at today's intraday high, any investor who purchased STKL 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, STKL has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
03/02/2022 Engaged Capital LLC 22,561 $5.21 $117,542.81
03/09/2022 Joseph Ennen CEO 20,000 $4.99 $99,734.00
06/07/2022 Chris Whitehair SVP Supply Chain 6,600 $7.45 $49,164.72

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

SunOpta Inc Moving Averages Chart

In afternoon trading on Thursday, STKL shares are changing hands at $10.90/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

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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