Insider Cluster (2 insiders) ·Filed May 27, 2026

GRF

EAGLE CAPITAL GROWTH FUND, INC.
BULLISH
Impact 5/10
Horizonweeks Processed4mo ago
Insider cluster: 2 insiders, $112K total
Actionable Insight ▲ Bullish

The C-suite cluster buy is a rare and strong signal. Monitor for upcoming earnings or material corporate developments that may have prompted the buying. The CFO's $100K purchase is particularly significant given his role. Consider accumulating a position if the stock remains near $10.

DirectionBullish
Confidencemedium
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
GRF ▲ +3.90% at T+60d
LONG call ✓ call won +3.90% · α vs SPY +2.16% · entry $10.01 → $10.40
Entry anchored
May 27, 2026
via day open
T+1d
+1.50%
call +1.50% · α +1.26%
$10.16
settled 4mo ago
T+5d
-0.20%
call -0.20% · α -0.52%
$9.99
settled 4mo ago
T+20d
0.00%
call 0.00% · α +3.15%
$10.01
settled 3mo ago
T+60d
+3.90%
call +3.90% · α +2.16%
$10.40
settled 6w ago

Price Chart

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Executive Summary

Two top executives at Eagle Capital Growth Fund (CEO Luke Sims and CFO David Sims) made open-market purchases totaling $112K over a one-week window, with the CFO's $100K buy being the dominant transaction. This cluster of insider buying, especially from the C-suite, is a strong bullish signal per academic literature, amplified by the cross-filing actuarial verdicts. The purchases represent approximately 0.03% of the company's market cap, which is trivial in size but notable for the signal value of a C-suite cluster.

Key Financial Metrics

Direction
buying
Total Value
$112.0K
Insiders
2

Key Facts

  • CEO Luke E. Sims purchased 1,200 shares at ~$10.20 for ~$12,000 on 2026-05-18.
  • CFO David C. Sims purchased 10,000 shares at ~$10.00 for ~$100,000 on 2026-05-22.
  • Total insider buying in the cluster: $112,000, all open-market purchases.
  • No insider sales in the cluster — net direction is unequivocally buying.
  • Cross-filing actuarial verdicts show multiple amplifier pairs for this cluster, increasing its predictive weight.

Financial Impact

$112,000 in open-market purchases by CEO and CFO, representing ~0.03% of market cap.

insider ownershipmarket sentiment

Risk Factors

  • The total dollar value is small relative to market cap, limiting the signal's magnitude.
  • No accompanying catalyst or filing (e.g., earnings, M&A) is present in the cross-filing context to explain the buying.
  • Insider buying can sometimes be a value trap if fundamentals are deteriorating — no recent financial data is available to assess this.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-GRF-1779914537657

US Market Status

Market Closed — Opens Mon (38h 33m)

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Report published May 27, 2026