Insider Purchases: Inside the Buy

Tag: insider trading analysis

ITT industrial machinery and SPX FLOW frame a $1M CEO stock purchase against $23M in prior sales and a premium 25x forward P/E.

⚙️ ITT Inc. (ITT): CEO Buys $1M After Selling $23M—Is the Dip Really a Buy?

ITT CEO Luca Savi just bought approximately $1 million of stock after previously selling more than $23 million. Meanwhile, the $4.8 billion SPX FLOW acquisition is transforming ITT, organic revenue grew nearly 13%, and guidance is rising—but at roughly 25x forward earnings, investors are already paying for plenty of success. We dig into the insider signal, fundamentals, valuation, institutional ownership and risks.

 

Read entire article