Scott Sandra Kay

FRD Director Scott Sandra Kay purchases 1,000 shares ($20.16 avg) amid 30-day -11.7% decline

Director Scott Sandra Kay executed 2 separate purchases totaling 1,000 shares for $20,160.00 at a blended average price of $20.16 on November 28 and December 1, 2025, raising holdings from 9,569 to 10,569 shares (+10.5%). This transaction occurred as FRD stock declined -11.7% over the prior 30 days and sits -17.4% below its 52-week high of $22.70. Kay's cross-ticker track record across all open-market buys shows a 100.00% 90-day win rate with +20.4% average 90-day returns, though his prior 3 trades at FRD specifically were executed in late January 2025 and all demonstrated positive 90-day returns (+19.6%, +21.0%, +20.7%). The company's fundamentals show revenue decline of -13.9% year-over-year against a backdrop of -11.3% stock decline over 90 days, with an 11.65 P/E ratio and $152.4M quarterly revenue. The purchase at prices materially above the current $18.76 reflects a directional commitment into a period of recent weakness.

Director Scott Sandra Kay purchased 1,700 shares of FRD across 3 transactions for $24,232.00, raising holdings to 9,112 shares (+22.9%).

Scott Sandra Kay, a director at Friedman Industries, made 3 separate purchases totaling 1,700 shares for $24,232.00 at a blended average price of $14.25, executed over three consecutive trading days (January 27–29, 2025). The purchases increased his holdings by 22.9% from 7,412 to 9,112 shares. The current price is $15.17, placing the insider's execution 6.4% above the blended average. Friedman Industries faces headwinds: latest-quarter revenue of $106,759,000 paired with a net loss of $-675,000, and annual revenue declining 5.7% year-over-year. The market cap stands at $105,743,031.12 against this backdrop of operational pressure, and the stock is currently trading 22.0% below its 52-week high.