Director Robert Johnston buys 400 RGCO shares at $19.68 (current $19.82); cluster pattern with 3 other insiders in past 14 days; cross-ticker timing 100% at 90d.
Robert Johnston purchased 400 shares at $19.68 on 2025-03-03, extending his holdings to 64,400 shares (a 0.6% increase). The transaction occurs as part of a cluster pattern: 3 other insiders at RGC Resources also bought within the past 14 days, suggesting coordinated or independent confidence signals at the same price level. Johnston's cross-ticker track record shows a 100.00% win rate on 11 prior open-market buys with an average 90-day return of +9.5%, though his 5 prior trades at RGCO have produced mixed timing outcomes with 3 of 3 prior buys yielding positive 90-day returns. The company's recent quarterly net income of $5,269,689.00 and P/E of 16.94 provide underlying fundamentals, though annual revenue has declined 13.1% year-over-year. The current price of $19.82 sits -15.6% from the 52-week high and -3.6% down over the past 30 days, placing the purchase near recent lows within the $18.40–$23.49 annual range.
RGCO Director Johnston buys 995 shares ($19.7K) at blended $19.77; stock +100% win rate on 5 prior same-ticker buys; current price $20.26.
Director Robert B Johnston purchased 995 shares across 2 separate transactions totaling $19,671.00 at a blended average price of $19.77 on 2024-12-19, bringing his post-transaction holdings to 64,000 shares. The transaction price of $19.77 is 2.4% below the current price of $20.26. Notably, Johnston's prior 5 buys at RGCO—all on 2024-02-13—generated positive 90-day returns ranging from 6.4% to 11.8%, establishing a 100% win rate on same-ticker purchases at this security. His cross-ticker track record shows 9 prior buys with an average 90-day return of +9.5% and a 100.00% win rate. The timing pattern on RGCO is material: all 5 prior buys proved well-timed at the 90-day mark, suggesting consistency in execution. However, near-term price action is negative: the stock is -8.0% over 90 days and -13.8% from its 52-week high, despite the recent purchase following a strong historical pattern at this ticker.