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EdgarHawk

Nauman J Michael

Director

Director
4 filings analyzed · 2 companies · Latest 2025-05-09

Companies

Company Buys Sells Direction
MATTHEWS INTERNATIONAL CORP MATW 3 0 Net buying
Commercial Vehicle Group, Inc. CVGI 4 0 Net buying

Activity

May 2025
medium
Buy
1,081 shares
$20,648
Significance 4/10

Director Nauman J Michael buys 1,081 shares at avg $19.10, raising stake by 27.0% to 5,081 shares

Director Nauman J Michael executed 2 separate purchases totaling 1,081 shares for $20,647.94 at an average price of $19.10, increasing his holdings by 27.0% from 4,000 to 5,081 shares. The purchases occurred on 2025-05-07 and 2025-05-08 at prices near the bottom of the 52-week range ($18.80–$31.54), with the stock currently trading 35.3% below its 52-week high. However, the director's cross-ticker track record shows 0 of 5 prior buys achieved positive returns at the 90-day mark, with an average 90d return of -5.7%; his prior MATW purchase on 2025-02-24 returned -5.5% over 30 days. Against this backdrop of negative timing outcomes, the significance of this substantial accumulation at depressed levels is tempered by the company's fundamentals: Matthews International posted negative net income of $-8.9M on revenue of $427.6M in the latest quarter, with full-year profitability in the red and annual revenue declining 4.5% year-over-year.

February 2025
medium
Buy
4,000 shares
$98,360
Significance 4/10

Director Nauman J Michael purchases 4,000 shares of MATW at $24.59 amid -4.5% annual revenue decline and unprofitability.

Nauman J Michael, a director of Matthews International, executed a $98,360 purchase of 4,000 shares at $24.59 on 2025-02-24, establishing an initial holding. The transaction occurs as the company faces material operational headwinds: full-year net income was negative, annual revenue contracted 4.5%, and the stock has declined 12.1% over the past 30 days and 16.4% over 90 days. Notably, the director's cross-ticker track record shows a 0.00% 90-day win rate across 4 prior open-market buys, with average 90-day returns of -8.0%, indicating a pattern of purchases preceding further declines. The stock remains 19.6% below its 52-week high, reflecting sustained market pressure that provides context for why this entry point may have attracted a board member but offers limited evidence of near-term recovery prospects.

December 2024
Buy
25,000 shares
$60,302
Significance 6/10

Director Nauman J Michael purchased 25,000 shares of CVGI across 3 transactions for $60,302.10 (blended $2.41), raising stake 41.1%.

Director Nauman J Michael executed three separate purchases totaling 25,000 shares for $60,302.10 over three consecutive trading days (2024-12-02 through 2024-12-04), at prices ranging from $2.37 to $2.42. This represents a substantial 41.1% increase in his holdings from 60,835 to 85,835 shares. The purchases occur at a time when CVGI trades at $2.30, down 68.1% from its 52-week high of $7.21 and down 25.3% over the prior 30 days. The company shows modest fundamentals with P/E of 2.32 and annual revenue growth of only 1.3%, though it maintains profitability with $9.5M net income on $171.8M quarterly revenue. Prior trading at CVGI is limited (one prior buy on 2024-11-08), making this a relatively new accumulation pattern for this specific ticker rather than part of an established track record at this company.

November 2024
medium
Buy
100 shares
$250
Significance 5/10

Director Nauman J Michael purchased 100 CVGI shares at $2.50 as part of cluster buy pattern; stock down 65.5% from 52-week high.

Director Nauman J Michael purchased 100 shares of Commercial Vehicle Group, Inc. at $2.50, adding to a post-transaction holding of 60,835 shares. This transaction is part of a cluster pattern with 2 other insiders also buying within the past 14 days. The current market price of $2.49 is -65.5% from the 52-week high of $7.21 and down 23.6% over the past 30 days, indicating significant recent price deterioration. The company's valuation metrics show a P/E of 2.52 with modest fundamentals: $171.8M quarterly revenue, $9.5M net income, and annual revenue growth of only 1.3%. The cluster buying activity against a heavily depressed stock price warrants attention to whether directors perceive meaningful undervaluation or are simply responding to operational developments at the company.

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