Director Mulligan Donal L bought 8,000 shares ($504.1K) at $63.86–$61.61 amid cluster buying and stock down 30.5% from 52-week high.
Mulligan Donal L, a director, purchased 8,000 shares across two separate transactions totaling $504,130.00 at prices of $63.86 on 2026-02-26 and $61.61 on 2026-02-27, establishing an initial position where he held 0 shares pre-transaction. The purchases come at a time when the stock is trading at $60.91, representing -30.5% from the 52-week high and -20.0% over the past 30 days. This filing is part of a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated board-level interest despite negative price momentum. The company's fundamentals show a P/E of 73.39 with recent annual revenue growth of -6.5%, yet the director proceeded with a material open-market acquisition immediately after these price declines, when his cross-ticker track record shows 3 prior buys with 100.00% 90-day win rate and avg 90d return +17.4%.