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EdgarHawk

GRIFFIN ROBERT C

Director

Director
2 filings analyzed · 1 company · Latest 2024-11-12

Companies

Company Buys Sells Direction
Commercial Vehicle Group, Inc. CVGI 2 0 Net buying

Activity

November 2024
medium
Buy
5,000 shares
$12,450
Significance 4/10

Director Robert C. Griffin purchased 5,000 shares of CVGI at $2.49; stock down 65.5% from 52-week high; 2 other insiders also bought within 14 days.

Robert C. Griffin, a director, acquired 5,000 shares of Commercial Vehicle Group at $2.49 on 2024-11-08, increasing his holdings to 250,481 shares (a 2.0% addition). The purchase occurred at a price 65.5% below the 52-week high of $7.21, amid a steep 23.6% decline over the preceding 30 days. A cluster pattern is present: two other insiders also purchased shares within the past 14 days, suggesting synchronized insider activity at depressed price levels. The company's fundamentals show a P/E of 2.52 and annual revenue growth of just 1.3%, with the latest quarter generating $171.8M in revenue and $9.5M in net income. While Griffin's individual cross-ticker track record includes only 1 prior buy (outcome not yet measurable) and his same-ticker history shows a recent buy on 2024-11-07, the convergence of multiple insiders purchasing near a 52-week low during a sharp recent selloff may warrant investor attention to what is driving the coordinated accumulation.

medium
Buy
10,000 shares
$27,200
Significance 5/10

Director Griffin Robert C bought 10,000 shares of CVGI at $2.72 on Nov 7; 2 other insiders also bought within 14 days, forming a cluster pattern.

Robert C Griffin, a director, purchased 10,000 shares at $2.72, expanding his holdings from 235,481 to 245,481 shares. This purchase coincides with a cluster of 2 other insider buys within a 14-day window, suggesting coordinated shareholder confidence despite challenging market conditions. The stock trades at 65.0% below its 52-week high of $7.21 and has declined 26.7% over the past 90 days, offering a depressed entry point relative to recent trading range. The company generates $171,772,000 in quarterly revenue with a 2.55 P/E ratio and $9,514,000 in net income, indicating the purchase occurs at a modest valuation, though annual revenue growth of 1.3% reflects modest business momentum.

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