CRH (+1, CRH US, November 28th)
Richard Fearon (Director since Dec. 2020) purchased 10,000 shares on November 22nd at US$61.37, spending $614,000 and increasing his estimated holdings by 33% to 40,000 shares. This is his third purchase in the shares this year, his fourth since joining. His prior buys in 2023 were $254,000 in March at $50.77, and $1.1 million in August at $56.20.
It is interesting to see him continue to add to his holdings. He already owns significantly more than any other director so we don’t suspect ownership requirements are leading to this sudden buying. He was the Vice Chair and CFO of Eaton from 2002-2021, and is a director at Avient, Crown Holdings, and Waters. CRH is the only stock he has purchased since 2020.
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.
