Director Charles A. Blixt bought 1,200 shares of LW at $63.25 on 2024-12-23; stock down 41.9% from 52-week high.
Director Charles A. Blixt purchased 1,200 shares of Lamb Weston Holdings for $75,900.84 on 2024-12-23, expanding his holdings from 21,781 shares to 22,981 shares. The purchase occurred at $63.25, while the stock currently trades at $63.90, indicating the transaction price was near current levels. However, the stock remains significantly depressed, down 41.9% from its 52-week high of $109.99 and down 16.9% over the past 30 days, suggesting broad momentum weakness. The company reported net income of $-36.1M against quarterly revenue of $1.6B, with an elevated P/E of 24.86, indicating the market is pricing in recovery or growth expectations that have not yet materialized operationally.