The $500K buy is too small to move the stock directly, but a director's open-market purchase at current levels is a modest vote of confidence. Monitor for additional insider buying or a catalyst (e.g., earnings, contract win) that could validate the signal. The historical calibration suggests a neutral-to-slightly-bearish T+20 drift on prior FTI reports, so size accordingly.
Price Chart
Executive Summary
Director Eric Mullins purchased $500K of FTI shares on the open market at $78.55, a conviction buy representing ~0.002% of the $31.3B market cap. While the dollar amount is trivial relative to company size, a single director's open-market purchase is a standalone bullish signal per the insider-buy framework. However, the historical calibration shows a 25% win rate at T+20 on prior FTI reports, and the score-6 cell has a 42% observed P(up) with a net negative asymmetric payoff, warranting a modest score.
Key Financial Metrics
Key Facts
- Director Eric Mullins purchased 6,365 shares at $78.55 for a total of ~$500K
- Purchase represents ~0.002% of FTI's $31.3B market cap
- Single insider open-market buy is a recognized standalone bullish signal per academic literature
- Historical FTI reports show 25% win rate at T+20, suggesting caution on bullish calls
Financial Impact
$500K open-market purchase by a director
Risk Factors
- Purchase is only 0.002% of market cap — may be a routine portfolio rebalance
- Historical FTI reports have a 25% win rate at T+20, indicating poor timing signals on this ticker
- Single director buy lacks the conviction signal of a C-suite cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001628280-26-057729 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 20, 2026 6w ago | Court Ruling | $77.62 $72.02 | ▼ −7.21% | ▼ −7.21% | $69.03 (−11.07%) |
Aug 18, 2026 6w ago | Insider Buy | $77.02 $72.74 | ▼ −5.56% | ▼ −3.61% | $69.03 (−10.37%) |
Jul 30, 2026 9w ago | 8-K | $68.92 $76.32 | ▲ +10.74% | ▲ +6.77% | $69.03 (+0.16%) |
Jul 17, 2026 11w ago | Court Ruling | $72.07 $78.59 | ▲ +9.04% | ▲ +4.60% | $69.03 (−4.22%) |
Jun 2, 2026 17w ago | 3 | $67.65 $65.11 | ▼ −3.75% | ▼ −2.63% | $69.03 (+2.04%) |
Jun 1, 2026 17w ago | 8-K | $69.24 $65.11 | ▼ −5.96% | ▼ −4.15% | $69.03 (−0.30%) |
May 19, 2026 19w ago | 144 | $73.66 $67.00 | ▼ −9.04% | ▼ −11.30% | $69.03 (−6.28%) |
May 5, 2026 21w ago | 144 | $75.03 $69.45 | ▼ −7.43% | ▼ −12.39% | $69.03 (−7.99%) |
May 5, 2026 21w ago | 144 | $75.03 $69.45 | ▼ −7.43% | ▼ −12.39% | $69.03 (−7.99%) |
May 1, 2026 21w ago | 8-K | $74.60 $68.43 | ▼ −8.27% | ▼ −13.91% | $69.03 (−7.47%) |
US Market Status
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