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EdgarHawk

Monaco Albert

Director

Director
1 filing analyzed · 1 company · Latest 2024-08-27

Companies

Company Buys Sells Direction
WEYERHAEUSER CO WY 1 0 Net buying

Activity

August 2024
2024-08-27 WEYERHAEUSER CO WY
high
Buy
31,500 shares
$988,376
Significance 6/10

Director Monaco Albert purchased 31,500 WY shares at $31.38 on 2024-08-26, raising holdings 80.3% to 70,725 shares ($988.4K investment).

Monaco Albert, a Director, invested $988,375.50 to acquire 31,500 shares at $31.38, a 2.5% premium to the current price of $30.60 and well above the 52-week low of $27.05. This transaction increased his holdings from 39,225 shares to 70,725 shares—an 80.3% increase. The purchase occurs in a context where Weyerhaeuser has experienced significant headwinds: annual revenue declined 24.6% year-over-year, though the company still generated $173.0M in net income on $1.9B quarterly revenue. The elevated P/E of 30.00 relative to fundamentals and a stock price 14.8% below its 52-week high suggest the insider is accumulating at a point of relative weakness. The substantial size and composition of the purchase—doubling down on an already material holding rather than a token acquisition—marks this as a material director-level commitment at current market levels.

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