RXO CEO Andrew M. Wilkerson buys 11,625 shares for $149,422 at $12.85-$12.88 average as stock down 63.9% from 52-week high.
Wilkerson made 2 separate purchases totaling 11,625 shares for $149,422.00 on the same day, acquiring at a blended average price of $12.85 amid significant recent weakness: the stock trades 63.9% below its 52-week high and has declined 30.6% over the past 30 days. At the post-transaction holding level of 3,850 shares, this represents a substantial incremental commitment. Notably, Wilkerson's prior buy at RXO on 2023-11-09 posted a 90-day return of +27.5%, and his cross-ticker track record shows 1 prior buy with a 100.00% win rate at the 90-day mark. However, the company's fundamentals remain challenged: it reported a net loss of $14,000,000 over its most recent full fiscal year, though annual revenue growth of 15.9% shows operational momentum. The timing and size of this purchase merit monitoring against the company's path to profitability and the stock's recovery from its recent sharp drawdown.