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.