Director Sue Main purchased 2,000 shares totaling $299,215.49 across 3 transactions on 2026-03-11; first position at ALLE
Director Sue Main made her first open-market purchase at Allegion plc, acquiring 2,000 shares totaling $299,215.49 across 3 separate transactions on 2026-03-11, with prices ranging from $147.26 to $150.05 and a blended average of $149.61. The purchase occurs while the stock is trading 18.9% below its 52-week high of $179.77 and down 18.5% over the past 30 days, representing a significant recent decline. Allegion's fundamentals remain solid with $1.1B in quarterly revenue, positive annual growth of +7.8%, a P/E of 18.80, and net income of $188.4M, though this doesn't explain the recent momentum deterioration. As a first position by a director, the transaction marks an initial commitment that should be monitored for follow-up activity and any subsequent commentary from management regarding the company's direction.