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EdgarHawk

ANDERSON JAMES ROBERT

CEO & President

Director Officer
4 filings analyzed · 1 company · Latest 2024-12-02

Companies

Company Buys Sells Direction
COHERENT CORP. COHR 4 0 Net buying

Activity

December 2024
2024-12-02 COHERENT CORP. COHR
high
Buy
500 shares
$51,360
Significance 6/10

COHR CEO James Robert Anderson buys 500 shares at $102.72; fourth purchase in 10 weeks amid 44.2% 90-day rally and full-year loss.

Anderson purchased 500 shares at $102.72 on 2024-12-02, extending his holdings to 149,214 shares (+0.3% increase). This is his fourth open-market purchase at COHR in 10 weeks, following buys on 2024-11-22, 2024-09-10, and 2024-09-03. The prior three purchases showed strong near-term results: the 2024-09-03 buy returned +28.5% over 30 days and +41.2% over 90 days, while the 2024-09-10 buy posted +40.4% over 30 days. Across his cross-ticker history, Anderson's 3 prior buys averaged +34.4% 30-day returns with a 100% 90-day win rate, suggesting a pattern of purchasing near inflection points. However, COHR fundamentals present a significant counterweight: the company posted a full-year net loss in its most recent fiscal year, annual revenue declined -8.8% year-over-year, and the stock is currently -5.8% below its 52-week high despite the recent +44.2% 90-day surge. The continued insider accumulation at a time of financial deterioration and during a strong rally may signal conviction in a turnaround, though it also presents execution and valuation risk given unprofitability and declining revenues.

November 2024
2024-11-25 COHERENT CORP. COHR
medium
Buy
500 shares
$51,989
Significance 5/10

CEO James Robert Anderson buys 500 COHR shares at $103.98; third consecutive purchase in two months as stock rebounds +25.6% over 90 days.

ANDERSON JAMES ROBERT, as CEO & President, purchased 500 shares at $103.98 on 2024-11-22, bringing his post-transaction holdings to 148,714 shares. This marks his third open-market purchase of COHR in less than three months, following buys on 2024-09-03 and 2024-09-10, both of which generated strong 30-day returns (+28.5% and +40.4% respectively). The current price of $99.80 stands 9.3% below the 52-week high, yet the stock has appreciated 25.6% over the past 90 days and 4.1% over the past 30 days, suggesting the company is in a recovery phase from earlier lows. However, the company reported full-year net income was negative and current-quarter net income of $25.9M masks an annual revenue decline of -8.8%, indicating persistent operational challenges despite recent price momentum. The pattern of repeated CEO accumulation during a recovery warrants observation of whether this signals confidence in a turnaround trajectory or is coincidental to broader market movement in the sector.

September 2024
2024-09-10 COHERENT CORP. COHR
medium
Buy
500 shares
$35,275
Significance 4/10

CEO James Robert Anderson buys 500 COHR shares at $70.55 (+11.9% over 30 days); company unprofitable with -8.8% annual revenue decline.

CEO James Robert Anderson purchased 500 shares of COHERENT CORP. at $70.55 on 2024-09-10, bringing his total holdings to 148,214 shares (+0.3% net change). This follows a prior buy at the same ticker on 2024-09-03, suggesting consecutive discretionary purchases over a narrow window. However, the company's fundamentals remain challenged: quarterly revenue of $1,208,809,000 is paired with a net loss of $-13,187,000, and annual revenue contracted 8.8% year-over-year. Across his full cross-ticker trading history, Anderson shows 1 prior buy against 19 prior sells with a 47.37% well-timed rate on sells (avg 90-day return after sells: -10.6%), indicating his historical sell timing has been above-average but his buy activity is sparse and largely absent from the record. The stock has recovered 11.9% over the past 30 days but remains 12.0% below its 52-week high, leaving the signal ambiguous: purchases in a loss-making company during a revenue-decline cycle may reflect conviction or opportunistic entry at a temporarily depressed point.

2024-09-04 COHERENT CORP. COHR
low
Buy
500 shares
$36,685
Significance 3/10

CEO Anderson buys 500 COHR shares at $73.37; holds 147.7K post-transaction amid -8.8% annual revenue decline, current unprofitability.

Anderson James Robert, CEO & President, purchased 500 shares at $73.37 on 2024-09-03, a modest acquisition representing a +0.3% increase to his 147.7K-share position. The transaction occurs as Coherent faces material headwinds: annual revenue declined 8.8% and the company reported a net loss of $-13.2M over its most recent full fiscal year. While the stock has recovered +31.4% over the past 30 days and sits -8.2% from its 52-week high of $80.48, the insider's cross-ticker track record shows a 45.00% well-timed sell rate with a -9.6% average 90-day return on prior sales, suggesting limited predictive value for his current trading activity. The purchase is small in absolute terms and does not substantially alter his stake, leaving it unclear whether this represents material conviction or routine portfolio activity.

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