Director Robert Holmes Swan purchases $746K in ADP shares, extending six open-market buys in 36 months while stock trades well below 52-week highs.
Robert Holmes Swan, a director at Automatic Data Processing, purchased a substantial block of shares at a price that represents a significant discount to the company's 52-week high, adding to holdings that already exceeded four times his previous position from this single transaction. What distinguishes this trade is Swan's consistent pattern of open-market purchases—this is his sixth purchase in the past three years with zero open-market sales, indicating sustained conviction through both stronger and weaker periods. ADP remains a profitable company with solid revenue growth and a reasonable valuation multiple, providing a financially stable backdrop for the purchase. Swan's prior open-market purchases have demonstrated strong subsequent performance, with three-quarters of those trades showing gains within a quarter, suggesting his timing on similar moves has historically been sound. The combination of a director's repeated buying at discounted valuations, paired with his track record of well-timed entries, underscores why institutional investors track these transactions closely.
Director Robert Holmes buys 11,781 NKE shares at $42.44 ($500.0K); stock now -45.6% from 52-week high, -23.7% in 30 days.
Director Robert Holmes purchased 11,781 shares at $42.44 on 2026-04-07, increasing his holdings by 27.2% to 55,074 shares. This adds $500.0K of personal capital at a price substantially above the current market level of $43.13, with the stock now trading -45.6% from its 52-week high of $79.24 and -23.7% lower over the past 30 days. Holmes has a mixed track record at this ticker: three of his four prior NKE purchases showed positive 90-day returns (most recently +13.7%, +30.7%, and +16.1%), though his most recent buy on 2025-12-22 resulted in a -9.0% 90-day decline. The timing of this latest purchase—into a significant drawdown and at a price below the current market—contrasts with the fundamental backdrop of negative annual revenue growth of -9.8% and a 90-day decline of -33.9%, suggesting the director may be viewing the recent depreciation as an opportunity, though the scale of the stock's recent selloff warrants attention to whether near-term headwinds extend beyond valuation concerns.
Director Robert Holmes bought 8,691 NKE shares at $57.54 (+$500.1K); stock down 29.8% from 52-week high as revenue declined 9.8% YoY
Director Robert Holmes purchased 8,691 shares of Nike at $57.54, raising his holdings by 25.1% to 43,293 shares. The purchase occurs amid significant headwinds: Nike's stock has fallen 29.8% from its 52-week high and 8.7% over the past 30 days, while annual revenue growth contracted 9.8% year-over-year despite a current P/E of 16.96. Holmes's own track record at Nike shows consistent positive 90-day returns across three prior buys (30.7%, 16.1%, 12.9%), with all three historically well-timed at the 90-day mark. This fresh accumulation against a backdrop of declining sales and depressed valuations warrants examination of whether this reflects informed conviction or standard portfolio activity unrelated to company-specific outlook.
NKE Director Holmes buys 8,600 shares at $58.46; holdings up 36.8% to 32.0K; stock -42.8% from 52-week high
Robert Holmes, a Nike director, purchased 8,600 shares at $58.46 on 2025-04-04, bringing his total holdings to 31,983 shares—a 36.8% increase from his prior position. The stock currently trades at $55.61, down 42.8% from its 52-week high of $97.18 and off 29.2% over the past 30 days. Historically, Holmes has executed two prior purchases at Nike on 2024-06-28 and 2023-10-02, both of which showed positive 90-day returns (+16.1% and +12.9% respectively), suggesting a pattern of entering at favorable long-term entry points. His cross-ticker track record shows a 100% 90-day win rate across 2 prior buys with an average 90-day return of +14.5%, though recent 30-day returns have been negative. The current purchase follows a sustained price decline and adds meaningful share accumulation by a board member, but the transaction occurs against a backdrop of deteriorating near-term momentum and flat annual revenue growth of +0.3%.
Director Robert Holmes Swan buys 2,941 NKE shares at $77.02; stock down 37.4% from 52-week high, 19.2% in 30 days.
Robert Holmes Swan, a Director, purchased 2,941 shares at $77.02 on 2024-06-28, increasing his holdings by 16.3% to 20.9K shares. The transaction occurred during a period of material weakness for NKE: the stock is currently priced at $76.83, representing a decline of 37.4% from its 52-week high of $122.64 and 19.2% below the 30-day rolling price. Swan's cross-ticker insider track record shows 1 prior buy with a 90-day return of +12.9%, and his prior NKE purchase on 2023-10-02 also posted a 90-day return of +12.9%. The timing pattern indicates his prior buy was well-timed at the 90-day mark. This purchase occurs in a depressed price window relative to recent history, and his historical pattern suggests similar accumulation has preceded price appreciation.
