Icahn bought 783,404 shares (783.4K) of CVR Energy at $20.99 avg in 3 Feb trades; now holds 71.20M shares (-45.7% from 52-wk high).
Icahn Carl C, a 10% owner, executed 3 separate purchases totaling 783,404 shares for $16,445,044.48 between February 20–24, 2026, at a blended average price of $20.99. At the current price of $21.71, the stock is -45.7% from its 52-week high of $40.01 and has declined -11.5% over 30 days and -36.9% over 90 days. His prior trades at CVR Energy show a strong pattern: all 5 recent buys (April 2025) had positive 90-day returns ranging from +22.2% to +31.7%, with 100% timing success at the 90-day mark. His cross-ticker track record demonstrates 19 prior buys with an average 90-day return of +35.0% and a 100% win rate. The purchases represent a +1.1% increase to his post-transaction holdings of 71.20M shares, occurring during a period of significant stock weakness relative to recent highs.