SVP/GC Leuba buys 500 MEC shares at $13.56; stock down 37.3% from 52-week high, 2 other insiders bought within 14 days.
Sean P Leuba, SVP of Corporate Development & General Counsel, purchased 500 shares at $13.56 on 2025-08-11, increasing his holdings by 25.0% to 2,500 shares total. The transaction occurred as MEC stock trades at a 52-week low relative to its high ($11.86–$21.81 range), down 37.3% from peak and down 15.4% over 30 days. Significantly, this buy is part of a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated confidence at depressed valuations. However, Leuba's prior purchase at this ticker on 2025-03-06 returned -11.4% in 30 days despite a +10.2% gain at the 90-day mark, and his cross-ticker track record shows mixed timing (50% win rate, -2.5% avg 30-day return). The company faces headwinds: net income of -$1.1M in the latest quarter and revenue growth of -1.2% year-over-year. The multiple insider buys warrant monitoring, but the company's negative earnings and declining growth offset any bullish signal from the cluster activity.
SVP Sean P Leuba purchased 1,000 MEC shares at $14.18, doubling holdings to 2,000 shares amid -34.2% pullback from 52-week high.
Leuba's open-market purchase of 1,000 shares at $14.18 doubled his MEC holdings from 1,000 to 2,000 shares. The stock is currently trading at $14.36, down 34.2% from its 52-week high of $21.81 and down 9.3% over the past 30 days. His prior buy at this ticker on 2024-11-07 did not achieve a positive 90-day return, and his broader cross-ticker track record shows a 0% win rate at the 90-day horizon with an average 90-day return of -1.8%. Mayville Engineering trades at a P/E of 9.64 with modest fundamentals (latest quarter revenue of $135.4M, net income of $3.0M) and flat revenue growth of -1.2% annually, reflecting a mature, stable business without obvious growth catalysts.
SVP Leuba buys 1,000 MEC shares at $16.12; 3 insiders bought in past 14 days as stock down 24.5% from 52-week high
Leuba Sean P, SVP of Corporate Development & General Counsel, purchased 1,000 shares of Mayville Engineering at $16.12, his first recorded shareholding. The transaction is part of a cluster pattern: 3 other insiders also bought within the past 14 days. While the stock has declined 24.5% from its 52-week high of $21.81 and is down 18.0% over the past 30 days, the company maintains solid fundamentals with annual revenue growth of 9.1% and a market cap of $339.8M. The synchronized buying by multiple insiders during a period of stock weakness merits investor attention as a potential signal of management's assessment of value at current levels.
