SMITH DAVID BYRON JR

Director SMITH DAVID BYRON JR buys 6,709 shares of ITW at $250.13; holding more than doubles to 12,699 shares

SMITH DAVID BYRON JR, a director at Illinois Tool Works, purchased 6,709 shares at $250.13 on 2025-12-10, increasing his holdings by 112.0% to 12,699 shares total—a material accumulation in absolute terms ($1.7M deploy). His prior trades at ITW show mixed near-term timing but a strong 90-day track record: 3 of 4 prior buys were followed by positive returns at the 90-day mark, with the most recent purchase on 2025-06-02 achieving +6.3% in 30 days and +9.7% over 90 days. The stock currently trades at $258.02 (−6.0% from its 52-week high of $274.48) and +5.1% over the last 30 days, placing this purchase in a moderately elevated valuation context relative to recent peaks. Fundamentals remain solid: the company generated $4.1B in quarterly revenue and $821.0M in net income, though annual revenue contracted 1.3% year-over-year at a P/E of 24.74. The combination of a director's substantial position increase, aligned with a pattern of successful 90-day entry timing at this ticker, merits investor attention as an indicator of insider conviction at current price levels.

Director David Byron Smith Jr. buys 872 ITW shares at $241.16; stock now at $246.51, -11.5% from 52-week high.

Director David Byron Smith Jr. purchased 872 shares of Illinois Tool Works at $241.16 on 2025-06-02, adding 0.7% to his holdings of 122,884 shares post-transaction. The purchase price was $5.35 below the current market price of $246.51, and the stock is currently 11.5% below its 52-week high of $278.50. Within this specific ticker, Smith has demonstrated a mixed track record: 2 of his 3 prior ITW buys (2024-06-13 and 2023-11-30) showed positive 90-day returns of +3.4% and +8.6% respectively, while his most recent ITW buy on 2024-12-09 resulted in a 90-day decline of -0.3%. The company shows stable fundamentals with $3.8B quarterly revenue and $700.0M net income, though annual revenue growth stands at -1.3% and the stock trades at a P/E of 21.44. This purchase occurs within the context of recent modest price recovery (+2.3% over 30 days) following a 90-day decline of -7.0%.

Director David Byron Smith Jr. buys 635 ITW shares at $275.20; prior two ITW purchases both achieved positive 90d returns (+3.4%, +8.6%)

David Byron Smith Jr., a Director at Illinois Tool Works, purchased 635 shares at $275.20 on 2024-12-09, modestly increasing his holdings from 121.2K shares to 121.8K shares. This open-market purchase follows a pattern of two prior discretionary buys at the same ticker on 2024-06-13 and 2023-11-30, both of which achieved positive 90-day returns of +3.4% and +8.6% respectively. The current price of $272.96 places the transaction just 0.8% in positive territory from the purchase price, but more relevantly, it sits -2.0% from the 52-week high and only marginally below the execution price. Smith's cross-ticker track record across all open-market activity shows 2 prior buys with an average 90d return of +6.0% and a 100% win rate, underscoring a pattern of timely accumulations. Given the company's solid fundamentals—$4.0B quarterly revenue, $1.2B net income, and a market cap of $80.6B—the gesture reflects maintained exposure to a mature industrial operator, though the modest share count change (+0.5%) relative to his total holdings suggests a routine rather than conviction-driven position management.

Director David Byron Smith Jr. buys 775 ITW shares at $238.82; prior ITW buy (Nov 2023) posted 90-day +8.6% return.

Director David Byron Smith Jr. purchased 775 shares of Illinois Tool Works Inc at $238.82 on 2024-06-13, increasing his holdings from 120,731 to 121,506 shares. His prior open-market purchase at ITW on 2023-11-30 delivered a 90-day return of +8.6%, establishing a pattern of well-timed purchases at this ticker. The current share price of $238.95 is -11.6% from the 52-week high and down -10.3% over 90 days, creating a modest entry point relative to recent range extremes. ITW's fundamentals show $3,973,000,000 in latest-quarter revenue and net income of $819,000,000, with a P/E of 23.29 and market cap of $71,302,680,000, consistent with the large-cap industrial sector positioning.