Tuesday 5 November 2013

Insider Bets Paying Off At UAL As New 52-Week High Reached

In trading on Monday, shares of United Continental Holdings United Continental Holdings (NYSE: UAL) touched a new 52-week high of $36.80/share. That’s a 91.67% rise, or $17.6 per share from the 52-week low of $19.20 set back on 11/16/2012. That means at today’s intraday high, any investor who purchased UAL 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, UAL has seen 2 different instances of insiders buying over the trailing six month period.

Click here to find out Ten Bargains You Can Buy Cheaper Than The Insiders Did »

PurchasedInsiderTitleSharesPrice/ShareValueVice Chair & Chief Rev Officer

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

United Continental Holdings Inc Moving Averages Chart” /></P><P>Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013)</P><P>In afternoon trading on Monday, UAL shares are changing hands at $36.29/share, slightly below the new 52-week high.</P><br /><p><a href=View the original article here

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