Markets

Insiders Were Right: EXAS Makes New 52-Week High

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Shutterstock photo

Shutterstock photo

In trading on Tuesday, shares of EXACT Sciences Corp. (Symbol: EXAS) touched a new 52-week high of $23.68/share. That's a 407.07% rise, or $19.01 per share from the 52-week low of $4.67 set back on 03/01/2016. That means at today's intraday high, any investor who purchased EXAS 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, EXAS has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
09/01/2016 Lionel Sterling Director 5,000 $18.10 $90,500.00
12/14/2016 David Thompson Director 10,000 $13.84 $138,400.00

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

EXACT Sciences Corp. Moving Averages Chart

In afternoon trading on Tuesday, EXAS shares are changing hands at $21.88/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.


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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