The C-suite cluster buy after strong Q2 results and a de-risked balance sheet is a credible vote of confidence. Monitor for any follow-on insider purchases in the next 30 days; sustained buying above $12.50 would reinforce the signal. The 67% analyst bullish consensus and strong institutional accumulation (4 funds doubled positions in Q2) align with the insider read.
Price Chart
Executive Summary
Four CODI insiders, including CEO Larry Enterline and CFO Zachary Sawtelle, made open-market purchases totaling ~$1.19M over Aug 6-13, 2026, at an average price of ~$12.30. This cluster follows the company's strong Q2 earnings (net income swing to +$81.1M from -$51.2M, subsidiary EBITDA up 12.6%) and a credit facility amendment that extended maturities and reduced liquidity risk. The insider buying represents ~0.13% of market cap, a modest but notable signal given the C-suite participation and the positive earnings backdrop.
Key Financial Metrics
Key Facts
- CEO Larry Enterline purchased 67,114 shares for ~$833K at $12.42 on Aug 13
- CFO Zachary Sawtelle purchased 24,000 shares total (~$298K) on Aug 13
- Director Teri Shaffer purchased 11,900 shares for ~$146K at $12.25 on Aug 12
- Director Stephen Keller purchased 10,000 shares for ~$120K at $12.01 on Aug 12
- Total cluster value ~$1.19M, representing ~0.13% of CODI's $910M market cap
- Q2 2026 GAAP net income of $81.1M ($0.86/share) vs. net loss of $51.2M (-$0.88) a year ago
- Subsidiary Adjusted EBITDA (ex-Lugano and divested Sterno Food Service) rose 12.6% to $91.5M
- Senior credit facility amended to extend maturities to January 2028 and reduce revolver commitments to $54M
Financial Impact
$1.19M in insider open-market purchases at ~$12.30 average price, ~0.13% of market cap
Risk Factors
- Cluster value at 0.13% of market cap is modest — not a transformative signal by itself
- Household furniture sector faces cyclical demand risk; consumer spending trends could reverse
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-1787099489571 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $10.41 | awaiting T+60 | — | $10.26 (−1.44%) |
Oct 1, 2026 25d ago | Press Release | $10.93 | awaiting T+60 | — | $10.26 (−6.13%) |
Aug 27, 2026 8w ago | Insider Buy | $11.45 | awaiting T+60 | — | $10.26 (−10.39%) |
Aug 18, 2026 9w ago | Insider Cluster | $11.59 | awaiting T+60 | — | $10.26 (−11.48%) |
Aug 14, 2026 10w ago | Insider Cluster | $12.10 | awaiting T+60 | — | $10.26 (−15.21%) |
Aug 13, 2026 10w ago | Insider Cluster | $12.71 | awaiting T+60 | — | $10.26 (−19.28%) |
Aug 10, 2026 11w ago | 8-K | $12.32 | awaiting T+60 | — | $10.26 (−16.72%) |
Jul 13, 2026 15w ago | 8-K | $9.93 $11.02 | ▲ +10.98% | ▲ +6.98% | $10.26 (+3.32%) |
Jul 1, 2026 16w ago | Press Release | $10.61 $11.25 | ▲ +6.03% | ▲ +3.02% | $10.26 (−3.30%) |
Jun 24, 2026 17w ago | 8-K | $9.85 $11.03 | ▲ +11.98% | ▲ +8.25% | $10.26 (+4.16%) |
US Market Status
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