Browne (EVP) buys 5,000 shares of CVGW at $23.12; holdings increase 357.1%; stock down -23.3% from 52-week high.
Browne purchased 5,000 shares at $23.12, increasing his position from 1,400 to 6,400 shares (a 357.1% expansion). The purchase occurs at a price 23.3% below the 52-week high of $29.64, and just 1.6% above the 30-day low. However, his prior four purchases at Calavo on 2023-09-18 each generated negative 90-day returns (−4.6% to −4.5%), and none of his three measurable same-ticker buys have produced positive 90-day outcomes. The company reported full-year net income negative and revenue declined 31.9% year-over-year, while the current P/E of 42.11 reflects a stretched valuation despite near-zero profitability. The purchase lacks demonstrable timing success at this ticker and occurs amid deteriorating fundamentals.
CVGW EVP Browne Michael A acquired 6,000 shares at $23.69; post-transaction holdings 7,500 shares (+400.0%)
Michael A Browne, Executive Vice President, purchased 6,000 shares of CALAVO GROWERS INC at $23.69 on 2025-04-02, quadrupling his prior holding from 1,500 to 7,500 shares. His cross-ticker track record shows 3 prior buys with an average 90-day return of -1.9% and a 0.00% win rate, and at this same ticker, all 3 prior purchases (in September 2023) generated negative 90-day returns of -1.8% and -1.9%. The company faces significant headwinds: annual revenue growth declined -31.9%, it was unprofitable over the full fiscal year, and it trades at a P/E of 44.19 while the stock is -19.5% from its 52-week high. The substantial share purchase magnitude contrasts sharply with this insider's historical pattern of unsuccessful buy timing and the company's deteriorating financial trajectory.
