Hibbett Inc – (HIBB, +1, Oct 7th)

Michael Longo (CEO since 2019) purchased $350,000 of stock on the 6th October at $70.08, increasing his stake by 13%. This is his second purchase since joining the company, his first was for $135,000 of stock at $9.00 in March 2020 and it’s very encouraging to see him now making this much larger purchase at a much higher price. He already met the ownership requirements ($1.5 million).

We previously ranked the stock +1 on the 19th July due to notable purchases from Benck, Blahnik and Knighten and are renewing our +1 ranking with this notable purchase from Longo.

We are ranking the stock  +1.

If you want to have Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe!
Follow us on LinkedIn and Twitter

Check our Signals Performance and if you want to know more about this Signals Service, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.