CEO Robert Katz buys 37,500 MTN shares at $131.81; stock down 21.9% from 52-week high, holdings rise 15.1%
Robert Katz, CEO & Chairperson, purchased 37,500 shares at $131.81 on 2026-03-16, increasing his total holdings to 285,312 shares—a 15.1% increase from his pre-transaction position of 247,812 shares. The purchase occurred at a price approximately 21.9% below the 52-week high of $169.63, following recent weakness: the stock declined 1.4% over 30 days and 16.2% over 90 days. His own prior trading history at this ticker shows two sales executed on the same date in 2024 that did not time well at the 90-day horizon (+6.7% and +6.1% returns), though his cross-ticker sell-timing record shows an average 90-day return of +6.4%, indicating overall poorly-timed sales. Katz's buy occurs as the company maintains solid fundamentals: $1.1B in quarterly revenue, $210.0M net income, and a market cap of $4.7B at a P/E of 20.47.