Director Philip D. Fracassa buys 5,000 shares of MBC at $9.11; cluster pattern: 3 other insiders also bought within 14 days
Philip D. Fracassa, a Director, purchased 5,000 shares at $9.11 on 2026-06-11, increasing his holdings to 45,041 shares from 40,041 shares. Notably, this transaction is part of a cluster pattern: 3 other insiders also bought within the past 14 days, suggesting coordinated or simultaneous conviction among the company's leadership. The stock is currently trading at $8.88, down -37.6% from its 52-week high of $14.22, and the company reports negative net income of $-15.4M against quarterly revenue of $618.0M, indicating operational challenges. Fracassa's cross-ticker track record shows a 100.00% win rate on his 1 prior buy across all tickers with an average 90-day return of +1.9%, though this single historical data point and multi-ticker scope limit its predictive power for MBC specifically.