HomeMost PopularInsider Bets Paying Off At DLX As New 52-Week High Reached

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

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In trading on Friday, shares of Deluxe Corp (Symbol: DLX) touched a new 52-week high of $22.83/share. That’s a 58.32% rise, or $8.41 per share from the 52-week low of $14.42 set back on 05/11/2023. That means at today’s intraday high, any investor who purchased DLX 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, DLX has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
03/13/2024 Barry C. McCarthy President & CEO 2,666 $19.25 $51,320.50
05/08/2024 William C. Zint SVP, Chief Financial Offier 115 $21.96 $2,525.40

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

Deluxe Corp Moving Averages Chart

In afternoon trading on Friday, DLX shares are changing hands at $22.69/share, slightly below the new 52-week high.

nslideshowTen Bargains You Can Buy Cheaper Than The Insiders Did »

Also see:

• Institutional Holders of WRT
• Funds Holding GBBK
• QLGN YTD Return

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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