Kelly Jonathan Lee

Kelly Jonathan Lee purchases 700 shares at $5.40 avg ($3.8K); now holds 49.5K shares at CULP

Kelly Jonathan Lee made 2 separate purchases totaling 700 shares at a blended average price of $5.40 on 2025-03-24, increasing holdings from 48.8K to 49.5K shares. The purchase price of $5.40 is 3.1% above the current price of $5.24 and within the 52-week range of $4.29–$6.55. His prior 4 measurable trades at CULP show a strong 90-day timing pattern, with 3 of 4 buys resulting in gains (including consecutive +10.4%, +12.4%, +13.1% returns in mid-2024), though CULP fundamentals remain challenged: the company reported $-4.1M net income on $52.3M quarterly revenue with annual revenue decline of -4.1% and negative full-year net income. This purchase follows a buy on 2025-03-18, signaling continued accumulation in a depressed price environment.

Kelly Jonathan Lee buys 250 CULP shares at $5.33; 2 other insiders also bought within 14 days (cluster pattern)

Kelly Jonathan Lee purchased 250 shares of CULP at $5.33 on 2025-03-18, bringing his holdings to 48,821 shares. The transaction occurs at a price 18.6% below the 52-week high and represents a continued pattern of buying by multiple insiders: 2 other insiders bought within the past 14 days, forming a cluster buy pattern. His same-ticker history at CULP shows 3 of 5 prior buys were well-timed at the 90-day mark, with average 90-day returns of +10.4%, +12.4%, and +13.1%, though his most recent buy before this transaction (2024-07-22) still reflects the recent stock weakness of -2.6% over the past 90 days. Against this backdrop, CULP's fundamentals remain challenged: the company reported negative net income of $-4.1M on revenue of $52.3M (latest quarter) and annual revenue growth of -4.1%, making this coordinated insider accumulation noteworthy despite depressed valuation and near-term price volatility.

Director Kelly Jonathan Lee purchases 5,200 shares of CULP at $5.36 on 2024-07-22; stock down 9.8% from 52-week high amid unprofitability.

Kelly Jonathan Lee purchased 5,200 shares at $5.36, increasing his holdings by 12.0% to 48.6K shares. The timing merits scrutiny: the stock has rebounded +20.0% over 30 days and +15.3% over 90 days from depressed levels, placing the trade within a recovery window rather than at an absolute low. Lee's prior trades at CULP show a mixed record—only 1 of 3 measurable prior buys at this ticker achieved positive 90-day returns (in September 2023), while his most recent CULP purchases (late July 2024) remain too recent for outcome measurement. Concurrently, 4 other insiders also bought within 14 days, forming a cluster pattern. However, the company backdrop remains challenging: CULP reported a net loss of $-3.2M in its latest quarter, negative full-year profitability, and annual revenue decline of -4.1%. At the transaction price, the stock trades at P/E 15.97, but earnings are negative, limiting P/E as a valuation anchor. The cluster buy activity and director-level participation suggest some internal optimism, yet the fundamental headwinds and Lee's inconsistent prior timing at this ticker prevent a high-conviction read.

Director Kelly Jonathan Lee buys 1,145 shares of CULP at $5.30; 4 other insiders also bought within 14 days amid unprofitable quarter.

Director Kelly Jonathan Lee purchased 1,145 shares at $5.30 on 2024-07-19, increasing his holdings to 43,371 shares. The purchase is part of a cluster pattern: 4 other insiders also bought within the past 14 days, suggesting coordinated board-level interest. However, the company's fundamentals present a headwind—CULP reported net income of $-3,188,000 in its latest quarter against revenue of $60,418,000, and annual revenue growth was -4.1%, indicating the company is currently unprofitable. Across Lee's prior trades at this ticker, his buy-and-hold outcomes have been mixed: 1 of 3 measured trades (the 2023-09-12 purchase) showed positive 90-day returns, while two others resulted in 90-day declines of 10.4% and 4.4%, suggesting timing into CULP has been inconsistent. The cluster buy activity warrants monitoring alongside deteriorating profitability.

Director Kelly Jonathan Lee buys 900 shares of CULP at $5.13; cluster pattern with 3 other insiders buying in past 14 days

Kelly Jonathan Lee (Director) purchased 900 shares at $5.13 on 2024-07-10, increasing his holdings to 27,136 shares (+3.4% net change). The transaction occurs within a cluster buy pattern: 3 other insiders also bought within the past 14 days, which may suggest coordinated confidence at current levels. However, the fundamental backdrop presents headwinds: CULP reported quarterly revenue of $60,418,000 and net income of $-3,188,000 (unprofitable), with annual revenue declining -20.3% year-over-year. At Lee's same-ticker history at CULP, prior buys delivered mixed results—3 of 5 prior trades were well-timed at the 90-day mark, but two recent purchases (2023-12-28 and 2023-09-20) posted negative 90-day returns (-15.1% and -1.6% respectively). The stock is trading -13.0% from its 52-week high of $5.84, though it has gained +16.8% over the past 30 days and +15.4% over 90 days. The modest transaction size ($4.6K) and recent stock recovery provide limited direct evidence of insider conviction amid fundamental deterioration.