Director Nauman J Michael buys 1,081 shares at avg $19.10, raising stake by 27.0% to 5,081 shares
Director Nauman J Michael executed 2 separate purchases totaling 1,081 shares for $20,647.94 at an average price of $19.10, increasing his holdings by 27.0% from 4,000 to 5,081 shares. The purchases occurred on 2025-05-07 and 2025-05-08 at prices near the bottom of the 52-week range ($18.80–$31.54), with the stock currently trading 35.3% below its 52-week high. However, the director's cross-ticker track record shows 0 of 5 prior buys achieved positive returns at the 90-day mark, with an average 90d return of -5.7%; his prior MATW purchase on 2025-02-24 returned -5.5% over 30 days. Against this backdrop of negative timing outcomes, the significance of this substantial accumulation at depressed levels is tempered by the company's fundamentals: Matthews International posted negative net income of $-8.9M on revenue of $427.6M in the latest quarter, with full-year profitability in the red and annual revenue declining 4.5% year-over-year.