Director Edward P Garden purchased 57,400 shares of FBIN at $34.89 on 2026-05-20 for $2.0M despite stock down 46.0% from 52-week high.
Edward P Garden purchased 57,400 shares for $2,002,686.00, increasing his holdings to 3,620,167 shares, a modest 1.6% increase to his existing position. The purchase occurs when FBIN has declined 46.0% from its 52-week high of $64.84 and is down 35.3% over the past 90 days, though the stock remains above its 52-week low of $32.34. Garden's cross-ticker track record shows 20 prior buys with an average 90-day return of -7.4% and a 20% win rate, indicating his historical purchase timing has not been reliably successful. The company's fundamentals show stabilizing metrics with a P/E of 15.36 and positive net income of $24.2M on revenue of $1.0B, though annual revenue growth is negative at -3.2%, which may contextualize the valuation decline.