CFO Robert D. Starr buys 1,000 AIN shares at $71.38; portfolio now 3,610 shares (+38.3%); cluster of 4 insiders buying in 14 days.
Robert D. Starr, CFO & Treasurer of Albany International, purchased 1,000 shares at $71.38 on 2024-11-05, increasing his holdings from 2,610 to 3,610 shares—a 38.3% addition to his open-market position. This buy occurs as part of a broader cluster pattern: 3 other insiders have also purchased within the past 14 days, suggesting coordinated confidence at the executive level. The CFO's prior transaction at AIN (2024-05-03) yielded a 90-day return of 6.4%, demonstrating successful prior timing at this specific ticker. The company's fundamentals remain solid with annual revenue growth of 10.9%, net income of $18.0M, and a P/E of 22.86, though the stock is currently -25.8% from its 52-week high and down 5.6% over the past 30 days, creating a lower entry point for this accumulation.