Director Varga buys 2,000 shares of CHDN at $92.97; stock down 38.5% from 52-week high, but repeat buyer with 100% 90-day win rate at this ticker.
Paul Varga, a CHDN director, purchased 2,000 shares at $92.97 on 2025-05-02, increasing his holdings to 33,260 shares (+6.4%). The purchase occurs against a backdrop of significant near-term pressure: the stock is -38.5% from its 52-week high of $147.45 and down 11.6% over 30 days. However, this buy carries notable credibility from Varga's track record: he executed one prior buy at CHDN on 2024-04-29 that delivered a +9.5% return at the 90-day mark, representing a 100% win rate on timing for his CHDN transactions. His cross-ticker open-market history also shows 100% 90-day win rate (avg 90d return +9.5%), establishing a pattern of well-timed entry decisions. The company's fundamentals remain stable—P/E of 15.48, annual revenue growth of +11.1%, and net income of $76,700,000—suggesting the decline reflects sentiment rather than operational deterioration. This repeat purchase by a pattern-consistent insider during a depressed price window merits investor attention as a potential contrarian signal.