Director William G Jurgensen bought 5,000 LW shares at $63.27 on 2024-12-23; stock now -41.9% from 52-week high.
Director Jurgensen purchased 5,000 shares at $63.27, expanding his stake to 181,249 shares (a 2.8% increase from 176,249 shares). The purchase occurs in a challenging context: the stock trades at $63.90, down 41.9% from its 52-week high of $109.99 and down 16.9% over the past 30 days. However, Jurgensen's prior open-market purchases at this ticker show a strong timing pattern—his two previous buys at LW (on 2024-07-26 and 2023-10-16) both posted substantial 90-day gains of 39.6% and 27.0% respectively, with both well-timed at the 90-day mark. His cross-ticker track record for buys also shows an average 90-day return of +19.3% with a 66.67% win rate. Net income is currently negative at $-36.1M (against $1.6B quarterly revenue), and the P/E of 24.86 is elevated for a company in this position, creating tension between the valuation backdrop and the insider's demonstrated pattern of buying before multi-quarter recoveries in this stock.