CFO Jeffrey Glajch bought 15,000 shares across 3 transactions ($272,450.00 total) at blended average $18.16; stock now trading at $16.86, down 40.4% from 52-week high.
Jeffrey Glajch, Chief Financial Officer of Orion S.A., executed 3 separate purchases totaling 15,000 shares (15.0K shares) for $272,450.00 on 2024-08-07, increasing his holdings from 86.9K to 101.9K shares (+17.3%). The purchases occurred at prices ranging from $18.13 to $18.22, but the stock has since declined to $16.86, placing the transaction 40.4% below the 52-week high and 20.9% lower over the past 30 days. His prior open-market purchase at this ticker on 2024-06-07 posted a 30-day return of -11.1%. The company's fundamentals show annual revenue growth of -6.8% and a P/E of 12.58, indicating a mature company under revenue pressure. The proximity of this purchase to a material price decline and the insider's mixed prior timing history warrant observation of whether further execution or guidance deterioration emerges.