Director David A Sachs bought 20,000 TEX shares at $49.75 on 2024-12-13, bringing holdings to 137,500 shares; follows back-to-back buys on 12-11 and 12-12.
David A Sachs, a Director at Terex Corp, purchased 20,000 shares at $49.75 on 2024-12-13, the third consecutive day of open-market buying at this ticker. This transaction brings his total holdings to 137,500 shares, a 17.0% increase from pre-transaction. The stock currently trades at $47.29, down 9.0% over 30 days and 15.3% over 90 days, placing it 29.2% below its 52-week high of $66.76. Sachs' cross-ticker track record shows a 100.00% 90-day win rate across 7 prior buys with an average 90-day return of +27.5%, though his two prior measurable TEX trades (in December 2023) were well-timed with respective 90-day returns of +14.8% and +14.5%. The three-day buying pattern in a declining market, combined with his history of timing accuracy and the company's solid fundamentals (annual revenue growth of +16.6%, P/E of 6.81, quarterly net income of $88.0M), warrants observation of whether this sustained accumulation phase precedes a market re-rating or reflects the director's conviction in underlying value.