January 28, 2023

Insiders Were Right: VSTO Makes New 52-Week High

In trading on Tuesday, shares of Vista Outdoor Inc (Symbol: VSTO) touched a new 52-week high of $51.00/share. That’s a 119.26% rise, or $27.74 per share from the 52-week low of $23.26 set back on 01/04/2021. That means at today’s intraday high, any investor who purchased VSTO 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, VSTO has seen 3 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/10/2021 Mark A. Gottfredson Director 5,000 $44.20 $221,000.00
12/02/2021 Robert M. Tarola Director 2,500 $42.02 $105,050.00
12/03/2021 Sudhanshu Shekhar Priyadarshi SVP & CFO 1,200 $39.22 $47,060.00

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

In afternoon trading on Tuesday, VSTO shares are changing hands at $50.66/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

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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