10% owner GATE CITY CAPITAL buys 240,609 shares of SGA at $11.25, expanding stake by 38.6% to 863.8K shares
GATE CITY CAPITAL MANAGEMENT, LLC purchased 240,609 shares at $11.25 on 2024-12-31, materially expanding its SGA stake from 623,236 shares to 863,845 shares—a 38.6% increase in absolute position size. The $11.25 purchase price sits 2.5% above the current $11.55 price, though the stock is -52.9% from its 52-week high of $24.50 and down 19.8% over 90 days. Across the insider's cross-ticker track record, prior buys averaged a 90-day return of +61.6% with a 100% win rate, establishing a baseline of constructive outcomes, though this represents only 1 prior buy and no same-ticker history is available to assess performance at SGA specifically. SGA itself trades at a P/E of 15.40 on net income of $1,267,000 against a market cap of $72,320,105.55, with annual revenue essentially flat (-1.8% YoY) at $28,118,000 for the latest quarter.