CFO Perkins buys 2,100 shares of APLE at $11.72; 4 other insiders bought within 14 days
Elizabeth Perkins, SVP & Chief Financial Officer, purchased 2,100 shares at $11.72 on 2025-05-09, adding to her holdings of 362,644 shares post-transaction. This open-market buy occurs as the stock trades 25.1% below its 52-week high of $16.32, having declined 20.1% over the past 90 days. The transaction is notable because four other insiders also bought within the past 14 days, forming a cluster buy pattern—a rare signal of coordinated insider confidence during a period of relative weakness. Perkins' prior buy at this ticker on 2023-11-10 achieved a 90-day return of +1.8%, and her cross-ticker track record shows a 100% win rate across her prior opens-market buys with an average 90-day return of +1.8%. The company's fundamentals remain solid with $327.7M in quarterly revenue, net income of $31.2M, annual revenue growth of +6.5%, and a P/E of 15.28, suggesting the insider purchases may reflect conviction in valuation at current levels.