Scherger Stephen R.

CFO Stephen R. Scherger buys 121,065 shares of Amcor at $8.32 for $1,006,982.35; stock now $41.25, up significantly since purchase.

Stephen R. Scherger, Executive VP Finance & CFO, purchased 121,065 shares at $8.32, establishing an initial position in Amcor plc. The current price of $41.25 reflects substantial appreciation from the transaction price, representing a stark divergence in valuation. His cross-ticker track record shows 1 prior buy with an average 90-day return of -18.4% and a 0% win rate, indicating a pattern of poor timing on prior transactions across all tickers. The company's fundamentals present mixed signals: revenue growth of +10.0% year-over-year and a market cap of $95.2B are positive, but the P/E ratio of 165.00 is exceptionally elevated, suggesting the market is pricing in substantial future growth that may not materialize. This insider buy occurs against a stock that is -20.6% from its 52-week high, but without further context on the transaction circumstances or timing mechanisms, the immediate significance remains modest.

Director Scherger buys 2,000 MIDD shares at $146.70; holdings rise 89.0% to 4,248 shares

Stephen R. Scherger, a Director, purchased 2,000 shares of MIDDLEBY Corp at $146.70 on 2025-05-12, increasing his total holdings by 89.0% from 2,248 to 4,248 shares. This represents a material percentage increase in his position at a price $2.02 below the current market price of $148.72, and roughly $26.19 below the 52-week high of $172.89. The purchase occurs against a backdrop of declining annual revenue growth (-4.0%) and a stock down 11.0% over the 90-day period, though it has recovered +12.7% in the last 30 days. As a director-level insider, the transaction size and proportion merit investor attention, particularly given the timing relative to recent price weakness and the reversal in the most recent month.