Director Timothy R McLevish bought 3,000 shares of FRPT at $48.67 on 2026-05-18; stock down -47.2% from 52-week high, cluster buy pattern detected.
Timothy R McLevish, a Director, purchased 3,000 shares at $48.67, increasing his holdings from 36,879 to 39,879 shares (+8.1%). The purchase occurs as FRPT trades at $47.39 current price, down -31.8% in 30 days and -35.1% in 90 days from purchase, positioning the stock -47.2% below its 52-week high of $89.80. His cross-ticker track record shows 8 prior open-market buys with a 12.50% 90-day win rate and average 90-day return of -13.1%; his same-ticker history at FRPT is mixed, with only 1 of 5 prior buys showing a positive 90-day return (+15.4% on the 2025-09-10 purchase), while the other four posted losses ranging from -9.1% to -20.8%. Fundamentals remain solid: $297.6M quarterly revenue with +13.0% annual growth and a P/E of 11.62. A cluster buy pattern is present, with 2 other insiders also purchasing within the past 14 days, though this does not explain the director's specific motivation.