Jackson Financial Inc (JXN US, +1, 13-Dec-24)

Gregory Durant (Non-Executive since 2021) purchased $135,000 of stock on the 11th of December at $90.28, increasing his stake by 5%. 

This is his third purchase in the stock; he previously bought $87,000 of stock at $29.10 in June 2022 and $91,000 at $30.46 in May 2023, and it’s notable to see him making his largest purchase at nearly 3x the price only 18 months later. He already met the ownership requirement (5x annual retainer). He was previously Vice Chair of Deloitte. 

We previously ranked the stock +1 in June 2024 based on a large buy from Cummings (CFO) and Kirdland (Director), which proved successful and was only closed due to the passage of time. 

We are ranking the stock +1 (strongly positive).