Lamb Weston Holdings Inc (LW US, +N, 15-Jan-25)
Robert Niblock (Director since 2020) purchased $183,000 worth of stock on January 13th at $60.94. The purchase increases his holdings by 13% and is notable based on his record. He has made three prior purchases, all at slightly lower prices, and all of these past purchases were followed by a strong increase in the stock over the following six months. His last purchase was in July 2024 at $55.
On December 23rd, Charles Blixt (Director since 2016) and William Jurgensen (Chair since 2017) spent $76,000 and $316,000, respectively, around $63.25 per share. This was Blixt’s first transaction despite joining the board eight years ago.
We ranked the stock +N in July 2024 based on purchases from Niblock and Jurgensen, and the signal proved timely with a 30% return over three months. The stock has since declined, and it is interesting to see both directors make additional purchases.
We are ranking the stock +N (notable and positive signal).
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