Summary
The CEO, who averages over 160% 1-year returns when buying his own stock, starts a stock purchase program when the stock is at the lowest price it's been in a decade AND makes the biggest purchase he has ever made (6x bigger than any others).
Info
He filed a Form 4 last week stating that he bought $2M worth of stock on 2023-01-23 as the first purchase in a 10b5-1 plan that he set up on December 7, 2022. The stock price on December 7th also happened to be the lowest the price had been in a decade, this was his first purchase since 2016, and it was the largest purchase he has ever made (6x larger than any others).
data below pulled from here
Douglas Lebda's Overall Returns (note: returns are calculated by comparing the stock price X months after the purchase and comparing to the price at the purchase)
| Timeframe | Average Return | Win Rate |
|---|---|---|
| 3 months | 48% | 100% (5/5) |
| 1 Year | 164% | 100% (5/5) |
| All-time | 62% | 83% (5/6) |
Previous Purchases:
| Filing Date | Value | Returns til now |
|---|---|---|
| 2023-01-25 | $2,084,200 | 22% |
| 2016-05-16 | $338,350 | -42% |
| 2014-04-18 | $50,012 | 126% |
| 2012-03-08 | $40,322 | 426% |
| 2012-03-07 | $19,168 | 443% |
| 2012-01-06 | $170,457 | 608% |
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