Winnebago Industries Inc  (WGO US, +1, 30-Oct-24)

Michael Happe (CEO since 2016) purchased 2,500 shares on October 29th at $55.52, spending $139,000. This is his third purchase, increasing his holdings by 14% to 286,000 shares. His prior two purchases, $102,000 in March 2019 at $29 and $112,000 in April 2020 at $37, were well-timed. 

We ranked this stock +N yesterday based on a purchase from William Fisher (Director since 2015) who spent $110,000 at $54.81, increasing his stake by 16%. Fisher also has a good record as a buyer and was reversing from a December 2023 sale at $72.10. 

His last purchase was in April 2017 at $26, which was timely. The company reported earnings on October 23rd and it is interesting to see these two timely and rare buyers adding to their holdings. 

We are upgrading the signal further, from +N (notable and positive signal) to +1 (strongly positive).