Insiders Seeing Green With GAIN At New 52-Week High

By Dividend Channel Staff, Thursday, January 4, 1:41 PM ET

In trading on Thursday, shares of Gladstone Investment Corporation - Business Develo (NASDAQ:GAIN) touched a new 52-week high of $14.92/share. That's a 23.20% rise, or $2.81 per share from the 52-week low of $12.11 set back on 03/13/2023. That means at today's intraday high, any investor who purchased GAIN 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, GAIN has seen 2 different instances of insiders buying over the trailing six month period.

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Ten Bargains You Can Buy Cheaper Than The Insiders Did »

Purchased	Insider	Title	Shares	Price/Share	Value
08/07/2023	David A. R. Dullum	President	5,000	$13.39	$66,965.50
11/06/2023	Rachael Z. Easton	CFO and Treasurer	650	$14.67	$9,535.50

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

Gladstone Investment Corporation - Business Develo Moving Averages Chart

In afternoon trading on Thursday, GAIN shares are changing hands at $14.73/share, slightly below the new 52-week high.

This Article's Word Cloud: Bargains Business Cheaper Corporation David Develo Dullum Easton GAIN Gladstone Insider Insiders Investment Over President Price Purchased Rachael Share Shares Start Than That Thursday Title Treasurer Value afternoon averages back been below bets buying changing chart company different from gain hands handsomely high insiders over past share shares trading week

Insiders Seeing Green With GAIN At New 52-Week High

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