CEO Christopher A Caldwell buys 1,000 CNXC shares at $26.97 amid -59.0% decline from 52-week high
Caldwell, as President and CEO, purchased 1,000 shares of Concentrix Corp at $26.97 on 2026-03-26, a modest addition to his 357.4K share position. The purchase occurs while CNXC trades -59.0% from its 52-week high of $65.04, and after a -36.1% decline over the past 90 days. However, his historical performance at this ticker raises concerns: across his 5 prior trades at CNXC, none of the 4 measurable buys were well-timed at the 90-day mark, with 90-day returns of -11.5%, -9.5%, -13.8%, -23.4%, and -13.6%. The company's fundamentals remain challenged, having posted negative full-year net income in its most recent fiscal year despite $2.5B in quarterly revenue. The timing signal is weak: this buy follows a pattern of similarly-timed purchases that have consistently underperformed post-acquisition, suggesting the CEO's open-market conviction at depressed valuations has not translated into positive subsequent returns in this name.