Early Access — free while we kick the tires
EdgarHawk

CVGI Commercial Vehicle Group, Inc. Insider Trading

5 filings analyzed · Latest 2024-12-04
Insider buys
5
Insider sells
0
Unique insiders
3
Direction
Net buying

Historically, high-priority insider buys have outperformed the S&P 500 by a median ~2% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 5,751, 2021-2026). Past results don't predict the future. How we measure this ↗

December 2024
2024-12-04
high
25,000 shares
$60,302
@ $2.41
Significance 6/10

Director Nauman J Michael purchased 25,000 shares of CVGI across 3 transactions for $60,302.10 (blended $2.41), raising stake 41.1%.

Director Nauman J Michael executed three separate purchases totaling 25,000 shares for $60,302.10 over three consecutive trading days (2024-12-02 through 2024-12-04), at prices ranging from $2.37 to $2.42. This represents a substantial 41.1% increase in his holdings from 60,835 to 85,835 shares. The purchases occur at a time when CVGI trades at $2.30, down 68.1% from its 52-week high of $7.21 and down 25.3% over the prior 30 days. The company shows modest fundamentals with P/E of 2.32 and annual revenue growth of only 1.3%, though it maintains profitability with $9.5M net income on $171.8M quarterly revenue. Prior trading at CVGI is limited (one prior buy on 2024-11-08), making this a relatively new accumulation pattern for this specific ticker rather than part of an established track record at this company.

November 2024
2024-11-12
medium
5,000 shares
$12,450
@ $2.49
Significance 4/10

Director Robert C. Griffin purchased 5,000 shares of CVGI at $2.49; stock down 65.5% from 52-week high; 2 other insiders also bought within 14 days.

Robert C. Griffin, a director, acquired 5,000 shares of Commercial Vehicle Group at $2.49 on 2024-11-08, increasing his holdings to 250,481 shares (a 2.0% addition). The purchase occurred at a price 65.5% below the 52-week high of $7.21, amid a steep 23.6% decline over the preceding 30 days. A cluster pattern is present: two other insiders also purchased shares within the past 14 days, suggesting synchronized insider activity at depressed price levels. The company's fundamentals show a P/E of 2.52 and annual revenue growth of just 1.3%, with the latest quarter generating $171.8M in revenue and $9.5M in net income. While Griffin's individual cross-ticker track record includes only 1 prior buy (outcome not yet measurable) and his same-ticker history shows a recent buy on 2024-11-07, the convergence of multiple insiders purchasing near a 52-week low during a sharp recent selloff may warrant investor attention to what is driving the coordinated accumulation.

2024-11-12
medium
100 shares
$250
@ $2.50
Significance 5/10

Director Nauman J Michael purchased 100 CVGI shares at $2.50 as part of cluster buy pattern; stock down 65.5% from 52-week high.

Director Nauman J Michael purchased 100 shares of Commercial Vehicle Group, Inc. at $2.50, adding to a post-transaction holding of 60,835 shares. This transaction is part of a cluster pattern with 2 other insiders also buying within the past 14 days. The current market price of $2.49 is -65.5% from the 52-week high of $7.21 and down 23.6% over the past 30 days, indicating significant recent price deterioration. The company's valuation metrics show a P/E of 2.52 with modest fundamentals: $171.8M quarterly revenue, $9.5M net income, and annual revenue growth of only 1.3%. The cluster buying activity against a heavily depressed stock price warrants attention to whether directors perceive meaningful undervaluation or are simply responding to operational developments at the company.

2024-11-12
medium
15,000 shares
$38,700
@ $2.58
Significance 6/10

Director Wayne M Rancourt bought 15,000 shares of CVGI at $2.58; 2 other insiders bought within 14 days (cluster pattern).

Rancourt purchased 15,000 shares at $2.58 on 2024-11-08, increasing his holdings from 142,783 shares to 157,783 shares (+10.5%). This transaction occurs as part of a cluster buy pattern with 2 other insiders also buying within the past 14 days, suggesting coordinated interest at current price levels. The stock is trading at $2.49 current price, down 65.5% from its 52-week high of $7.21 and down 23.6% over the past 30 days, placing the buy near a depressed valuation window. With the company reporting $171.8M in quarterly revenue, $9.5M in net income, and trading at a P/E of 2.52 against a market cap of $85.9M, the transaction reflects accumulated position-building among multiple insiders during a period of significant price weakness.

2024-11-08
medium
10,000 shares
$27,200
@ $2.72
Significance 5/10

Director Griffin Robert C bought 10,000 shares of CVGI at $2.72 on Nov 7; 2 other insiders also bought within 14 days, forming a cluster pattern.

Robert C Griffin, a director, purchased 10,000 shares at $2.72, expanding his holdings from 235,481 to 245,481 shares. This purchase coincides with a cluster of 2 other insider buys within a 14-day window, suggesting coordinated shareholder confidence despite challenging market conditions. The stock trades at 65.0% below its 52-week high of $7.21 and has declined 26.7% over the past 90 days, offering a depressed entry point relative to recent trading range. The company generates $171,772,000 in quarterly revenue with a 2.55 P/E ratio and $9,514,000 in net income, indicating the purchase occurs at a modest valuation, though annual revenue growth of 1.3% reflects modest business momentum.

Insiders here also file at

More Transportation Equipment companies

Get alerts for CVGI

Add CVGI to your watchlist and we'll email you when an insider files a Form 4 — with our AI's significance score and a plain-English read of what it means.

Sign up — free during early access