Director Eliasson Fredrik J purchased 60,000 shares of GTES at $19.56 on 2025-03-07 (valued at $1,173,600.00), increasing holdings 46.7% to 188,452 shares
Eliasson Fredrik J acquired 60,000 shares at $19.56, a significant 46.7% increase to his total holdings at the time. His cross-ticker track record shows strong execution on prior buys (avg 90d return +42.6%, 100.00% win rate), and his prior GTES purchase on 2024-02-16 also demonstrated favorable 90d timing (+42.6% return). The current price of $19.49 reflects a -17.1% decline from the 52-week high of $23.51, positioning this purchase in a downturn relative to recent peaks. The company's fundamentals show $830.7M quarterly revenue, $47.6M net income, and a P/E of 27.07, though annual revenue growth is negative at -4.5%, indicating operational headwinds that warrant attention to whether this buy reflects contrarian conviction or exposure to near-term pressure.