New 52-Week Low Could Prompt More Insider Buying At AVB

In trading on Friday, shares of AvalonBay Communities, Inc. (NYSE: AVB) touched a new 52-week low of $120.27/share. That's a $21.68 share price drop, or -15.27% decline from the 52-week high of $141.95 set back on 05/21/2013. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for AVB that means the stock would have to gain 18.03% to get back to the 52-week high. For a move like that, AvalonBay Communiti...