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Insiders Were Right: AM Makes New 52-Week High
By Market News Video Staff, Tuesday, August 29, 1:06 PM ET
In trading on Tuesday, shares of Antero Midstream Corp (NYSE:AM) touched a new 52-week high of $12.18/share. That's a 38.41% rise, or $3.38 per share from the 52-week low of $8.80 set back on 09/27/2022. That means at today's intraday high, any investor who purchased AM 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, AM has seen 2 different instances of insiders buying over the trailing six month period.
The chart below shows where AM has traded over the past year, with the 50-day and 200-day moving averages included.
In afternoon trading on Tuesday, AM shares are changing hands at $12.18/share, right at the new 52-week high.
This Article's Word Cloud:AnteroBargainsCheaperCorpDavidDirectorInsiderInsidersJanineKeyteMcArdleMidstreamNYSEOverPricePurchasedShareSharesStartThanThatTitleTuesdayValueafternoonaveragesbackbeenbelowbetsbuyingchangingchartcompanydifferentfromgainhandshandsomelyhavehighincludedincludinginsidersoverpastsharesharestradingweek
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