10% owner WEAVER DELORES B purchases 285,500 shares of SCVL at $33.91 for $9.7M, raising holdings to 4.17M shares
WEAVER DELORES B, a 10% owner, invested $9,681,305.00 in 285,500 shares at $33.91 on 2024-12-06, expanding her position by 7.3% to 4,173,529 shares. The purchase occurred as SCVL stock trades -25.4% from its 52-week high of $45.82 and -10.0% down over the prior 30 days, reflecting recent market weakness. Notably, her sole prior open-market buy at SCVL (2023-12-01 at $33.91) delivered +20.1% in 30 days and +30.2% in 90 days, demonstrating successful past timing at this same price level. The company trades at a P/E of 12.71 with trailing annual revenue growth of -6.8%, alongside a $929.1M market cap. This material acquisition by a substantial shareholder during a period of price weakness, combined with her proven track record of profitable prior purchases at SCVL, represents a significant capital commitment that merit scrutiny of the underlying business fundamentals and near-term catalysts.