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Insiders Were Right: WG Makes New 52-Week High

Highs and Lows Stock Data

In trading on Tuesday, shares of Willbros Group Inc (Symbol: WG) touched a new 52-week high of $10.77/share. That's a 75.69% rise, or $4.64 per share from the 52-week low of $6.13 set back on 06/28/2013. That means at today's intraday high, any investor who purchased WG 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, WG has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/14/2013 S. Miller Williams Director 10,000 $8.94 $89,371.00
11/14/2013 Earl R. Collins SVP, Oil & Gas 1,000 $8.70 $8,700.00

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

Willbros Group Inc Moving Averages Chart

In afternoon trading on Tuesday, WG shares are changing hands at $10.64/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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