Director Rohit buys 10,000 shares of PAL at $6.38 on 2026-03-16; stock down 40.4% from 52-week high and director's prior buys underperformed.
Director Lal Rohit purchased 10,000 shares at $6.38, doubling his holdings from 10,000 to 20,000 shares. The purchase occurred after the stock had declined 40.4% from its 52-week high of $10.54 and dropped 36.1% over the prior 90 days. However, Rohit's cross-ticker track record shows 2 prior open-market buys with an average 90-day return of -19.8% and a 0.00% 90-day win rate, suggesting his buy decisions have historically not resulted in positive medium-term performance. Against this backdrop, his decision to increase exposure in a company currently unprofitable (net income of $-3.0M in the latest quarter) and down significantly from recent highs warrants scrutiny of whether this reflects conviction in a recovery or represents a momentum-indifferent pattern.
Director Lal Rohit buys 10,000 shares of BLMN at $5.69; stock now $5.44, -48.4% from 52-week high.
Lal Rohit purchased 10,000 shares at $5.69 on 2026-03-11, increasing his holdings by 49.6% to 30.2K shares. The purchase occurred as the stock trades $5.44, down 21.8% in the 30 days since the transaction and 48.4% below its 52-week high of $10.54. His prior buy at this ticker (2025-02-28) showed -23.0% over 30 days and -19.8% over 90 days, and his cross-ticker track record shows 0 of 1 prior buys were well-timed at the 90-day mark, with an average 90-day return of -19.8%. Underlying fundamentals show the company reported net income of -$45.9M in the latest quarter against revenue of $928.8M, with annual growth flat at +0.1% and a low P/E of 5.91.
Director Lal Rohit bought 10,000 shares of BLMN at $9.62 (Feb 28); stock down -34.4% in 30 days, -72.3% from 52-week high.
Director Lal Rohit purchased 10,000 shares at $9.62 on 2025-02-28, increasing his holdings from 4,018 to 14,018 shares, a +248.9% increase. The purchase occurred in a deteriorating market environment: the stock has fallen -34.4% over the prior 30 days and -72.3% from its 52-week high of $29.72, trading at $8.24 today. Bloomin' Brands is facing significant headwinds, with annual revenue declining -15.4% year-over-year and the company posting negative net income over its most recent full fiscal year despite $1.0B in quarterly revenue. Rohit's cross-ticker insider track record shows 7 prior open-market sells with a 100.00% well-timed rate and -22.5% average 90-day return, indicating his sells have historically preceded downward moves. This buy occurs at a notably deteriorated valuation but amid ongoing operational challenges at the company.
SAIA CIO Rohit sold 1,120 shares ($627.2K) at $560.00 on 2024-11-21; prior 5 SAIA sales all showed negative 90d returns.
Rohit sold 2 separate tranches totaling 1,120 shares for $627,200.00 at $560.00 per share, reducing his SAIA holdings by -11.9% to 8,270 shares. His prior 5 sales at SAIA (all on 2024-02-06) displayed a consistent pattern: each produced negative 90-day returns (ranging from -26.8% to -26.6%), indicating well-timed exits before subsequent declines. This latest sale occurs near the 52-week high—the stock is currently -8.0% from its $605.92 peak and up 20.7% over 30 days, creating a near-term backdrop similar to prior high-momentum periods when he has exited. The replication of prior exit timing (100% well-timed rate across his SAIA history) suggests this insider's decision to liquidate at current levels warrants attention from investors monitoring executive positioning at elevated valuations.
