CEO Wendy P Davidson buys 100 HAIN shares at $8.30; stock now $7.89, -33.2% from 52-week high, company unprofitable
Davidson Wendy P, as President and CEO, purchased 100 shares of HAIN at $8.30 on 2024-09-09, establishing an initial position in the company she leads. The stock has since declined to $7.89, sitting well below its 52-week high of $11.82 (-33.2%), though it has risen 24.1% over the past 30 days. The company faces headwinds: net income was $-48.2M on revenue of $438.4M (latest quarter), annual revenue growth was -3.4% year-over-year, and full-year results were unprofitable. Notably, in her prior four trades at HAIN, Davidson achieved only 2 of 4 well-timed buy entries at the 90-day mark, suggesting mixed execution in timing equity purchases in this stock despite her position's oversight of the company.