CEO Thomas Corey E. buys 14,500 RPD shares at $13.82 amid -67.7% drop from 52-week high; cluster buy pattern with 2 other insiders.
Thomas Corey E., CEO of Rapid7, purchased 14,500 shares at $13.82 on 2025-11-24, bringing his total holdings to 595,066 shares, during a period of significant stock weakness—the current price of $14.20 reflects a -67.7% decline from the 52-week high of $43.94, and the stock is down -26.0% over the past 30 days and -29.5% over 90 days. Notably, this buy occurs as part of a cluster pattern with 2 other insiders also purchasing within the past 14 days. However, the CEO's cross-ticker track record shows 4 prior sells with a 90d well-timed rate of 100.00%, and at RPD specifically, all 4 prior trades (all sells) posted negative 90-day returns, suggesting a pattern of well-timed exit activity that contrasts with this current purchase decision. The company's fundamentals show revenue of $217,960,000.00 and net income of $9,809,000.00 with annual revenue growth of +8.5%, but a P/E of 48.97 reflects elevated valuation relative to earnings. The convergence of multiple insider purchases during acute price weakness warrants attention to whether insiders view current valuations as attractive, though the CEO's prior track record was built on sells rather than buys at this ticker.