Arcosa Inc (ACA US, +1, 12-Aug-24)
Antonio Carrillo (CEO since 2018) purchased $995,000 of stock on the 8th August at $82.05, increasing his stake by 3%. The purchase is notable as both a reversal from a sale at $77.47 in August 2023 and given his good record as a buyer, his purchases at $29.10 in November 2018 and $30.07 in March 2020 which were well timed. It’s very encouraging to see him now buying into long-term strength.
We are ranking the stock +1 (strongly positive).
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