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EdgarHawk

SACHS DAVID A

Director

Director
3 filings analyzed · 1 company · Latest 2024-12-17

Companies

Company Buys Sells Direction
TEREX CORP TEX 6 0 Net buying

Activity

December 2024
2024-12-17 TEREX CORP TEX
high
Buy
20,000 shares
$995,000
Significance 7/10

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.

2024-12-13 TEREX CORP TEX
high
Buy
20,000 shares
$1,014,600
Significance 7/10

Director David A. Sachs purchases 20,000 shares at blended $50.73 amid 52-week lows; stock -25.8% from high; 100% win rate on prior TEX buys.

David A. Sachs, a Director at Terex, executed 2 purchases totaling 20,000 shares for $1,014,600.00 on 2024-12-11 and 2024-12-12 at an average price of $50.73. The current price stands at $49.55, down 25.8% from the 52-week high of $66.76, placing the stock near its annual lows. His prior trades at Terex exhibit a perfect timing pattern: all 3 measurable same-ticker buys posted positive 90-day returns, ranging from +9.5% to +14.8%, indicating he has consistently purchased before subsequent gains at this specific ticker. His cross-ticker track record also shows a 100% win rate on 6 prior buys with an average 90-day return of +27.5%. Terex trades at a P/E of 7.14 on $1.2B in latest-quarter revenue and posted +16.6% annual revenue growth, positioning this purchase against a backdrop of both depressed valuation and operational momentum.

November 2024
2024-11-08 TEREX CORP TEX
high
Buy
10,000 shares
$569,800
Significance 8/10

Director David A Sachs buys 10,000 TEX shares at $56.98 on 2024-11-07; 4 of 4 prior TEX buys showed positive 90-day returns.

Director David A Sachs purchased 10,000 shares of Terex at $56.98, increasing his holdings to 314.0K shares (+3.3%). This continues a pattern of open-market accumulation: across 4 prior purchases at TEX (ranging from October to December 2023), each buy generated positive 90-day returns (ranging +14.5% to +40.9%), with a 100% timing accuracy at this ticker. His cross-ticker track record reinforces consistent execution, with 4 prior buys averaging +27.5% 90-day returns at a 100% win rate. The current stock price ($55.73) sits 16.5% below its 52-week high and has recovered +4.2% over the past 30 days, positioning this purchase 1,418 days after his prior October 2023 activity. With Terex trading at a P/E of 8.03, annual revenue growth of +16.6%, and net income of $88.0M on $1.2B in quarterly revenue, the company shows earnings power that contrasts sharply with the valuation multiple. This transaction warrants tracking to assess whether this director's historical timing pattern—particularly his perfect record on same-ticker purchases—extends to this 2024 entry point.

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