CEO Steven Bandrowczak buys 22,300 XRX shares at $4.48 as stock trades 66.5% below 52-week high; 3 other insiders bought within 14 days
Steven Bandrowczak, the CEO, purchased 22,300 shares at $4.48 on 2025-05-23, raising his holdings to 382,442 shares, as Xerox Holdings trades at $3.23, down 66.5% from its 52-week high of $9.65. The company is unprofitable with net income of $-90,000,000.00 in the latest quarter and annual revenue declining 9.7% year-over-year. A cluster pattern emerges: 3 other insiders also bought within the past 14 days, suggesting coordinated activity during a significant drawdown. However, the CEO's cross-ticker track record shows prior sells were well-timed at the 90-day mark with average 90-day returns of -42.1%, and his single prior XRX sale on 2023-08-09 saw similar 90-day underperformance of -42.1%, indicating this insider has historically exited before further declines. The current buy occurs against deteriorating fundamentals and follows a pattern where this executive's past trading decisions preceded downward pressure.