In buying and selling on Wednesday, shares of Park-Ohio Holdings Corp. (Image: PKOH) touched a brand new 52-week excessive of $32.26/share. That is a 44.53% rise, or $9.94 per share from the 52-week low of $22.32 set again on 11/22/2023. Meaning at at present’s intraday excessive, any investor who bought PKOH inventory any time over the previous 52 weeks has an unrealized achieve, together with firm insiders.
Over the previous six months, insiders have been scooping up shares, and people bets are actually paying off handsomely. As summarized by the desk beneath, PKOH has seen 2 completely different cases of insiders shopping for over the trailing six month interval.
| Bought | Insider | Title | Shares | Value/Share | Worth |
|---|---|---|---|---|---|
| 06/06/2024 | Matthew V. Crawford | CEO, COB, President | 5,520 | $24.23 | $133,748.56 |
| 06/12/2024 | Edward F. Crawford | Director | 15,000 | $25.14 | $377,150.50 |
| 06/10/2024 | Matthew V. Crawford | CEO, COB, President | 10,363 | $24.08 | $249,493.60 |
The chart beneath reveals the place PKOH has traded over the previous 12 months, with the 50-day and 200-day shifting averages included.
In afternoon buying and selling on Wednesday, PKOH shares are altering arms at $32.35/share, barely beneath the brand new 52-week excessive.
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