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Herzfeld Erik Mervin

President

Officer
2 filings analyzed · 1 company · Latest 2025-03-11

Companies

Company Buys Sells Direction
HERZFELD CARIBBEAN BASIN FUND INC HERZ 2 0 Net buying

Activity

March 2025
Buy
95,999 shares
$249,597
Significance 6/10

CUBA President Herzfeld buys 95,999 shares for $249.6K; 4 other insiders bought within 14 days

President Herzfeld Erik Mervin purchased 95,999 shares at $2.60 on 2025-03-07, increasing his holdings from 488,931 shares to 584,930 shares (+19.6% change). This buy occurred one day after a prior purchase on 2025-03-06, forming part of a cluster in which 4 other insiders also bought within the past 14 days. The current price of $2.62 stands at the 52-week high, and the stock has risen 6.7% over both the 30-day and 90-day periods. This coordinated buying activity across multiple insiders suggests alignment on valuation, though the transaction occurred at the upper end of the recent trading range.

Buy
77,976 shares
$202,207
Significance 7/10

CUBA president Herzfeld buys 77,976 shares ($202.2K) at $2.59; 4 insiders bought in past 14 days—cluster pattern.

Herzfeld Erik Mervin, as President, purchased 77,976 shares at $2.59 on 2025-03-06, increasing his stake by 19.0% to 488.9K shares. The transaction coincides with a cluster of 4 other insiders also buying within the past 14 days, indicating coordinated interest at current valuation levels near the 52-week high ($2.62). The stock has risen 5.1% over the past 30 days and 5.7% over 90 days, suggesting recent positive momentum. This represents the second insider buy at CUBA within a single day (another purchase on 2025-03-07), though longer-term outcomes for the insider's CUBA trades are not yet measurable.

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