SCVL Chairman Wayne J Weaver bought 285,500 shares at $33.91 for $9.7M, bringing holdings to 4.17M shares
WEAVER WAYNE J, as Chairman, deployed $9,681,305.00 in an open-market purchase of 285,500 shares at $33.91 on 2024-12-06, increasing his holdings from 3,888,029 to 4,173,529 shares (+7.3%). This represents a substantial capital commitment by the company's top executive at a time when SCVL's stock is trading -25.4% from its 52-week high of $45.82 and down -10.0% over the prior 30 days. Weaver's prior transaction at SCVL (buy on 2023-12-01) generated +30.2% return over 90 days, demonstrating a pattern of well-timed open-market entries at this ticker. The company's current fundamentals show Revenue of $306,885,000.00, Net income of $19,242,000.00, and a P/E of 12.71, with annual revenue declining -6.8% year-over-year; the purchase price of $33.91 reflects a valuation level lower than recent peaks.