M Scott Welch

Director M Scott Welch purchases 10,050 shares of PATK at average price ~$88.23, adding to holdings despite stock trading well below year-high.

Director M Scott Welch acquired approximately 10,050 shares across two open-market purchases totaling roughly $886,670, representing a meaningful addition to his holdings at Patrick Industries. The stock is currently trading well below its 52-week highs, having experienced a significant pullback from peak levels. This is a financially sound company—profitable with robust revenue growth and trading at a reasonable valuation multiple. Welch's purchase of this magnitude at reduced price levels suggests conviction that the stock offers attractive value at current levels, rather than pursuit of momentum.

LKFN Director Scott Welch buys 10,000 shares at $56.23; stock down -17.7% from 52-week high

Director M. Scott Welch purchased 10,000 shares of Lakeland Financial on 2026-03-12 at $56.23, expanding his holdings to 212,006 shares. The timing is notable: the stock trades at $56.58, down 8.1% over the past 30 days and 17.7% below its 52-week high of $68.73. Welch's prior purchases at LKFN over the past year yielded negative 90-day returns on all three measurable instances (-14.6%, -9.3%, -13.4%), and just three days prior (2026-03-09) he made another purchase at this ticker with no outcome yet measurable. The recent pace of buying—two purchases within five trading days at a stock in sharp decline—occurs in the context of fundamentals showing -2.1% annual revenue decline, though the P/E of 13.28 remains moderate and the company remains profitable at $26.4M net income. Historical pattern and current price action merit monitoring to determine whether this accumulation represents a contrarian entry or reflects other considerations.

Director WELCH M SCOTT bought 10,000 shares of PATK at $113.68 on 2026-03-12; stock down 22.4% from 52-week high, third buy in one week

Director WELCH M SCOTT purchased 10,000 shares at $113.68 on 2026-03-12, adding to an earlier 30,000-share buy two weeks prior (March 6 and February 27), bringing holdings to 146,000 shares. This represents concentrated accumulation activity despite the stock trading at -22.4% from its 52-week high of $145.75 and down 20.6% over the past 30 days. His same-ticker history shows 3 of 3 prior PATK buys achieved positive 90-day returns (+20.0%, +7.1%, +5.6%), demonstrating a track record of well-timed entry points at this specific security. At a P/E of 32.05 with quarterly revenue at $975.6M and net income at $35.3M, the company fundamentals remain solid, suggesting the director's recent accumulation reflects confidence in valuation at depressed price levels within the stock's recent range.

Director Scott Welch buys 5,000 LKFN shares at $55.45; stock down 9.4% in 30 days, -17.5% from 52-week high.

Director WELCH M SCOTT purchased 5,000 shares at $55.45, increasing his holdings by 10.2% to 54,000 shares. The timing coincides with price weakness: the stock has declined 9.4% in the past 30 days and trades 17.5% below its 52-week high of $68.73. At his prior trades at LKFN, the director's buy timing has been mixed—only 1 of 4 measurable prior transactions showed a positive 90-day return, and most recently he bought on 2025-03-11 and 2025-03-10 at prices that subsequently declined 14.6% and 9.3% respectively over 30 days. His cross-ticker track record shows a 72.73% 90-day win rate and 10.3% average 90-day return, but that diversity of holdings masks a same-ticker pattern of challenging execution at LKFN. The company trades at a P/E of 13.31 with annual revenue declining 2.1% year-over-year, suggesting modest operational momentum.

Director WELCH M SCOTT bought 50 PATK shares at $116.40 on 2026-03-06; stock now -20.6% from 52-week high after -17.8% 30-day decline.

WELCH M SCOTT, a director, purchased 50 shares of Patrick Industries at $116.40, adding to a post-transaction holding of 3,142 shares, just 8 days after a prior purchase on 2026-02-27. This represents the third buy in a 12-day window and extends a pattern: across his prior 3 measurable same-ticker buys, all 3 posted positive 90-day returns (+35.4%, +7.1%, +5.6%), indicating a track record of purchasing ahead of subsequent price appreciation at this ticker. However, context matters: the current price of $115.76 is -20.6% from the 52-week high and -17.8% over the past 30 days, suggesting the stock has declined materially since the initial transaction date in early March. His cross-ticker track record shows a 72.73% 90-day win rate on buys with an average 90-day return of +10.3%, though recent 30-day performance averages -2.1%. The concentration of purchases in a tight timeframe and the divergence between his historical success and current price weakness warrant investor attention to the underlying business fundamentals and forward outlook.

Director Welch M Scott purchased 10,000 shares of LKFN at $57.95 on 2026-02-27 for $579,500, raising holdings 25.6% to 49,000 shares.

Director Welch M Scott purchased 10,000 shares at $57.95 on 2026-02-27, increasing his stake by 25.6% to 49,000 shares total. The current price is $58.09, barely 0.2% above the purchase price, suggesting recent-term stability. His prior trades at LKFN show mixed results: 2 of 5 previous buys generated positive 90-day returns (+16.4% and +18.0% in 2023), but the three most recent purchases in March 2025 all posted negative 90-day returns (-14.6%, -9.3%, and -13.4%), indicating deteriorating timing accuracy at this ticker. The company trades at a P/E of 13.64 with modest fundamentals (annual revenue growth of -2.1%), providing limited fundamental tailwind for conviction interpretation. The repetitive, substantial buy activity at this single stock within 12 months of poor post-purchase returns warrants attention to whether underlying conditions have changed or whether the pattern of post-purchase decline may persist.

Director M Scott Welch buys 60 PATK shares at $122.75; 3 of 3 prior purchases showed positive 90d returns averaging +16.0%

Director M Scott Welch purchased 60 shares of Patrick Industries at $122.75 on 2026-02-27, increasing his holdings from 3,032 to 3,092 shares. His recent transaction history at PATK shows a consistent pattern of favorable outcomes: three prior purchases on 2025-06-02, 2025-03-13, and 2025-03-11 each delivered positive 90-day returns of +35.4%, +7.1%, and +5.6% respectively, with all 3 of 3 prior buys well-timed at the 90-day mark. The current stock price of $123.79 is -15.1% from the 52-week high of $145.75, and this purchase follows a 90-day appreciation of +14.4%, suggesting continued confidence in the company despite recent volatility. The company's fundamentals remain solid with revenue of $975,631,000.00 and net income of $35,303,000.00 in the latest quarter, supporting sustained insider accumulation.

Director Scott Welch buys 71 PATK shares at $82.59; modest $5.9K purchase adds to 3.0K-share position.

Director M. Scott Welch purchased 71 shares of Patrick Industries at $82.59 on 2025-06-02, increasing his holdings to 3,032 shares (+2.4% vs pre-transaction). The transaction value of $5,863.89 is small in absolute terms and represents a modest addition to existing holdings. His same-ticker purchase history shows two prior buys at PATK (2025-03-13 and 2025-03-11) that each posted negative 30-day returns (-5.0% and -7.0%), though 90-day outcomes remain unmeasurable. The company's fundamentals show $1.0B in latest quarterly revenue with net income of $38.2M and annual growth of +7.1%, supporting reasonable operational performance. At the transaction price of $82.59, the stock has since appreciated to $86.85 (current), though it remains -11.4% below its 52-week high of $97.97.

Director M. Scott Welch bought 2,500 shares of PATK at $84.62 on 2025-03-13, increasing holdings by 542.3% to 3.0K shares; stock down 13.6% from 52-week high.

M. Scott Welch, a director at Patrick Industries, purchased 2,500 shares at $84.62, tripling his holdings from 461 to 2,961 shares in a material open-market buy. This transaction occurred after a sharp 30-day pullback of 11.6% and while the stock trades 13.6% below its 52-week high of $97.97. Across all his open-market purchases historically, the insider's cross-ticker track record shows 9 prior buys with a 100% 90-day win rate, though his one other recent buy at this ticker (2025-03-11) remains unmeasurable. The company's fundamentals are modest but intact, with $919.4M quarterly revenue, positive $40.9M net income, and a forward P/E of 18.97, suggesting the stock is not deeply distressed. The scale and timing of this purchase—a multifold increase in a director's position during recent weakness—may warrant assessment of whether the insider sees tactical value after the recent decline.

Director M Scott Welch purchases 10,000 PATK shares at $86.22; stock down 15.0% from 52-week high

Director M Scott Welch purchased 10,000 shares of Patrick Industries at $86.22 on 2025-03-11, for a total value of $862,215.00, bringing his post-transaction holdings to 461 shares. The stock is currently trading at $83.26, representing a 15.0% decline from its 52-week high of $97.97 and a 11.1% drop over the past 30 days. Welch's cross-ticker track record shows 9 prior open-market buys with a 100.00% 90-day win rate and an average 90-day return of 14.5%, though this purchase represents only his second transaction at PATK with no yet-measurable outcomes at this ticker. The company's fundamentals remain solid with $919.4M in latest quarterly revenue, $40.9M net income, annual revenue growth of 7.1%, and a P/E of 18.67, suggesting the purchase occurs in a context of moderate valuation rather than distress.