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EdgarHawk

Spira Joel

Director

Director
1 filing analyzed · 1 company · Latest 2024-06-27

Companies

Company Buys Sells Direction
FRIEDMAN INDUSTRIES INC FRD 1 0 Net buying

Activity

June 2024
medium
Buy
2,000 shares
$28,540
Significance 4/10

Director Spira Joel bought 2,000 shares of FRD at $14.27 on 2024-06-25 (now $15.72); stock down 19.2% from 52-week high. 2 other insiders also bought within 14 days.

Director Spira Joel purchased 2,000 shares for $28,540.00, increasing his holdings by 13.8% to 16,504 shares. The stock has declined 19.2% from its 52-week high of $19.46 and is off 11.7% over the past 30 days. His cross-ticker track record shows a 0.00% 90-day win rate on 2 prior buys with an average 90d return of -8.2%, though his prior trades at FRD specifically in 2023 produced mixed results (one positive and one negative 30-day return). A cluster pattern is present: 2 other insiders also bought within the past 14 days, suggesting coordinated interest at current price levels. The company trades at a P/E of 7.45 with recent quarterly revenue of $115,973,000.00, down 5.7% annually, and modest profitability of $1,184,000.00.

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