Andy L Nemeth

CEO Andy Nemeth buys 10,000 shares of PATK as stock trades well below 52-week highs

Andy Nemeth, PATK's Chief Executive Officer, deployed significant capital to purchase shares as the stock has declined sharply from its recent highs. This is a notable move because the CEO is buying with real money at depressed valuations rather than chasing strength—precisely when insider conviction tends to matter most. The company itself remains fundamentally sound with strong profitability and substantial year-over-year revenue growth, suggesting the pullback may have created an attractive entry point rather than reflect deteriorating business quality. Nemeth's purchase of a meaningful stake addition signals confidence that the recent weakness does not reflect underlying operational problems. As the person with direct insight into operations and strategy, a CEO buying at these levels carries particular weight as a contrarian indicator to the recent downward price momentum.

Director NEMETH ANDY L bought 2,000 shares of SXI at $245.00 on 2026-02-04, expanding holdings 30.1% to 8,639 shares for $490,000.00 total.

NEMETH purchased 2,000 shares at $245.00, a price near the 52-week high of $250.64, with the stock currently trading at $241.94 (down 3.5% from its peak). The purchase increased his holdings from 6,639 to 8,639 shares—a 30.1% increase in his personal position. However, NEMETH's cross-ticker track record shows 16 prior open-market sales with an average 90-day well-timed rate of 100.00%, meaning his past sales occurred before price declines; this high accuracy on exits contrasts with limited visibility into his historical buy-side positioning and timing. The company shows modest fundamentals: $221.3M quarterly revenue, annual growth of 9.6%, but a P/E of 54.37 suggests elevated valuation relative to profitability ($2.1M net income), warranting careful evaluation of whether this acquisition reflects catalysts not yet apparent from the public financials.

CEO Nemeth sells 25,000 PATK shares at $115.00 (2.9M); all 5 prior PATK trades were well-timed, avg 90d decline -21.8%.

CEO Andy L Nemeth sold 25,000 shares (25.0K shares) at $115.00 on 2025-12-16 for $2,875,000.00, reducing holdings by 7.7% to 299,641 shares. This sale is noteworthy given his trading pattern at PATRICK INDUSTRIES: all 5 prior sells at this ticker were well-timed, with negative 90-day returns (-4.4%, -7.3%, -35.9%, -31.1%, -35.8%) indicating the stock declined after each sale. His cross-ticker track record also shows strong timing discipline, with a 100.00% well-timed rate across 15 prior sells (average 90-day return -22.4%). The current price of $110.96 sits 4.4% below the 52-week high of $116.04, and this sale occurred near the stock's peak valuation range, consistent with his demonstrated historical pattern of selling into strength.

CEO Andy L. Nemeth sold 25,000 shares ($2.8M) at $110.68 avg; 5 prior PATK sales all declined 90-day post-execution

Andy L. Nemeth, CEO of Patrick Industries, executed 2 separate sales totaling 25,000 shares for $2,766,927.00 on 2025-08-13, reducing his holdings from 353.6K to 328.6K shares (-7.1%). The blended average price of $110.68 is near the current price of $112.51 and near the 52-week high of $114.07. More striking is the timing pattern: across his 5 prior sales at PATK (2024-02-23 through 2024-11-25), all 5 were followed by negative 90-day returns ranging from -31.1% to -40.6%, representing a 100% well-timed rate at this ticker. His cross-ticker track record shows a 100% well-timed rate across 13 prior sells with an average 90-day return of -24.9%, indicating a consistent pattern of selling ahead of declines. The stock has rallied +15.2% over 30 days and +27.1% over 90 days, placing current valuation near 52-week highs, which may explain the CEO's decision to liquify a portion of his position at elevated levels given his demonstrated historical success in identifying inflection points.

CEO Nemeth sells 30,000 PATK shares for $4,106,380 across 2 dates; 5 prior PATK sales all negative 90d returns

Andy L. Nemeth, Chief Executive Officer of Patrick Industries, executed 2 separate sales totaling 30,000 shares for $4,106,380.00 (blended average $136.88) on 2024-11-22 and 2024-11-25, reducing his holdings from 273,119 to 243,119 shares. His cross-ticker track record shows 11 prior sells with a 90d well-timed rate of 100.00%, indicating a historical pattern of selling before subsequent declines. At this specific ticker, his timing pattern is even more pronounced: all 5 prior PATK sales registered negative 90-day returns ranging from -21.1% to -35.8%, establishing a consistent pattern of disposing of shares before downturns. The current stock price of $92.23 is now 5.9% below its 52-week high and 32.4% below the blended sale price, though this narrative reflects only the post-transaction price comparison and does not constitute a forward-looking statement about future performance.