Director Rappaport Alan bought 2,000 shares of PDX at $18.97; holdings up +200.0% to 3.0K shares amid -38.6% 52-week decline
Rappaport's purchase of 2,000 shares on 2026-01-08 represents a doubling of his existing position at $18.97, a price near the lower end of the 52-week range of $18.52–$32.00. The fund is currently down 38.6% from its 52-week high and has declined 7.9% over the past 30 days. His cross-ticker track record shows 4 prior buys with an average 90-day return of +9.2% and a 100% win rate, indicating a historically successful pattern in his discretionary purchases. However, this prior success applies across multiple tickers, not specifically to PDX, and the fund's recent downward price momentum presents context for evaluating whether this accumulation is driven by valuation or other factors. The significant position increase warrants monitoring of subsequent fund performance relative to his historical outcomes.