Marcogliese Richard J

Director Marcogliese buys 1,540 shares of DK at $14.58–$14.60 blended average amid -53.1% decline from 52-week high; cluster pattern with 3 other insiders buying in past 14 days.

Richard J Marcogliese, a Director at Delek US Holdings, purchased 2 separate tranches totaling 1,540 shares on 2025-03-12 at prices near $14.58 blended average, bringing his holdings to 44,933 shares—a 3.5% net increase. The purchase occurs at a moment when DK is trading 53.1% below its 52-week high of $33.39 and has declined 12.2% over 30 days and 10.2% over 90 days. However, his prior trades at this ticker show a consistent pattern: all 4 prior buys at DK posted negative 90-day returns (ranging from -8.7% to -19.4%), with 0 of 4 well-timed at the 90-day mark. Additionally, his cross-ticker track record across 4 prior buys shows an average 90-day return of -14.1% with a 0.00% win rate. The company is unprofitable (net income $-76.8M in the latest period) with declining revenue (-29.9% annual decline) and a market cap of $979.6M. A cluster pattern is evident: 3 other insiders also bought within the past 14 days, which may suggest coordinated messaging rather than isolated conviction. The combination of negative historical timing at this ticker, deteriorating fundamentals, and recent peer buying activity warrants investor scrutiny.

Director Richard J Marcogliese buys 530 shares at $20.48 average; stock down -26.8% in 90 days, -39.8% from 52-week high

Marcogliese purchased 530 shares across 2 transactions for $10,854.25 ($10.9K), raising his holdings from 42,863 to 43,393 shares (+1.2%). The purchase at $20.48 average occurred as the stock trades -39.8% below its 52-week high and -26.8% below its 90-day level, down -7.0% in the prior 30 days. His prior trades at DK (2 buys on 2024-06-12) each showed negative 30-day returns (-4.8% and -4.7%), indicating these prior discretionary purchases did not capture favorable near-term momentum. The company's fundamentals remain challenged: net income is negative at $-37,200,000.00 and annual revenue contracted -16.4%, though the market cap is $1,297,226,362.50. The relatively modest position increase of 1.2% combined with the pattern of negative returns on his prior same-ticker purchases suggests limited conviction backing the purchase despite the depressed price environment.

Director Marcogliese buys 2,750 shares at $23.99 avg for $65,971.83; stock down 27.9% from 52-week high.

Richard J Marcogliese, a Director at Delek US Holdings, executed 2 purchases totaling 2,750 shares for $65,971.83 on 2024-06-12, blended at $23.99 per share. His post-transaction holdings increased to 42,863 shares from 40,113 shares, a 6.9% increase in his stake. The timing of this purchase coincides with significant equity weakness: the stock is -27.9% from its 52-week high of $33.39 and has declined 13.8% over the prior 30 days. Meanwhile, the company faces material operational headwinds—net income was $-32.6M in the latest quarter and annual revenue growth is -16.4%—though the absolute revenue base remains substantial at $3.2B. The director's accumulation during a period of both stock price weakness and negative earnings underscores that insider buying activity occurred amid deteriorating fundamentals, warranting examination of whether this reflects a contrarian view or structural concerns.