The post-earnings insider buying cluster is a modest but credible bullish signal given the strong Q2 results and balance sheet de-risking. Monitor for any insider sales in the next 30 days; if buying continues, it would reinforce the positive read.
Price Chart
Executive Summary
Three CODI insiders (including Sawtelle and Shaffer) made open-market purchases totaling ~$565K over a 7-day window, following a strong Q2 earnings report that showed a swing to GAAP net income of $81.1M and a 12.6% rise in adjusted EBITDA. The cluster is small relative to CODI's $924M market cap (~0.06%), but the buys are clustered post-earnings and involve multiple insiders, amplifying the signal per academic literature.
Key Financial Metrics
Key Facts
- Three insiders purchased shares open-market in a 7-day window totaling ~$565K.
- Purchases occurred 2-4 days after CODI reported Q2 GAAP net income of $81.1M vs. a -$51.2M loss a year ago.
- Adjusted EBITDA (ex-Lugano and divested Sterno Food Service) rose 12.6% to $91.5M.
- Total insider purchases represent ~0.06% of CODI's $924M market cap.
- The cluster follows a credit facility amendment extending maturities and reducing revolver commitments to $54M.
Financial Impact
Insider purchases of ~$565K represent 0.06% of market cap; Q2 net income swing of +$132.3M YoY.
Risk Factors
- Insider purchases are small relative to market cap (0.06%), limiting signal strength.
- The Q2 earnings beat was heavily driven by a one-time $182.3M gain on asset sale, not recurring operations.
- The company operates in household furniture, a cyclical sector sensitive to consumer spending.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CODI-1786738858979 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Press Release | $10.41 | awaiting T+60 | — | $10.78 (+3.55%) |
Oct 1, 2026 26d ago | Press Release | $10.93 | awaiting T+60 | — | $10.78 (−1.37%) |
Aug 27, 2026 8w ago | Insider Buy | $11.45 | awaiting T+60 | — | $10.78 (−5.85%) |
Aug 18, 2026 10w ago | Insider Cluster | $11.59 | awaiting T+60 | — | $10.78 (−6.99%) |
Aug 14, 2026 10w ago | Insider Cluster | $12.10 | awaiting T+60 | — | $10.78 (−10.91%) |
Aug 13, 2026 10w ago | Insider Cluster | $12.71 | awaiting T+60 | — | $10.78 (−15.18%) |
Aug 10, 2026 11w ago | 8-K | $12.32 | awaiting T+60 | — | $10.78 (−12.50%) |
Jul 13, 2026 15w ago | 8-K | $9.93 $11.02 | ▲ +10.98% | ▲ +6.98% | $10.78 (+8.56%) |
Jul 1, 2026 16w ago | Press Release | $10.61 $11.25 | ▲ +6.03% | ▲ +3.02% | $10.78 (+1.60%) |
Jun 24, 2026 17w ago | 8-K | $9.85 $11.03 | ▲ +11.98% | ▲ +8.25% | $10.78 (+9.44%) |
US Market Status
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