The director's buy is a modest positive signal, but given IR's poor historical calibration for bullish calls, traders should treat this as a minor data point rather than a strong catalyst. Monitor for additional insider buying or a material corporate event (e.g., earnings, M&A) that could confirm the insider's conviction.
Price Chart
Executive Summary
Director Aurobind Satpathy made a $1.0M open-market purchase of IR shares at $86.68, a conviction buy from a board member. While the dollar amount is modest relative to IR's $34.7B market cap (0.003%), the historical calibration shows past bullish calls on IR have underperformed significantly, with a -7.99% average T+20 return and a 20% win rate. This insider buy is a modest positive signal, but the company's poor track record for directional calls warrants caution.
Key Financial Metrics
Key Facts
- Director Aurobind Satpathy purchased 11,538 shares of IR at $86.68 for a total of $1.0M on 2026-08-03.
- The purchase represents approximately 0.003% of IR's $34.7B market cap.
- This is the only insider buy in the last 30 days, with no other insider activity reported.
- Past bullish reports on IR have averaged a -7.99% return at T+20 with a 20% win rate.
Financial Impact
$1.0M insider purchase, representing 0.003% of market cap
Risk Factors
- The purchase is very small relative to market cap, limiting its signaling power.
- Past bullish calls on IR have underperformed significantly, suggesting the stock may not respond positively to insider buying.
- A single director's buy is less informative than a C-suite cluster buy.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001140361-26-031457 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | Insider Buy | $88.24 $75.40 | ▼ −14.55% | ▼ −15.15% | $76.08 (−13.78%) |
Jun 16, 2026 15w ago | 8-K | $77.07 $84.78 | ▲ +10.00% | ▲ +8.69% | $76.08 (−1.28%) |
Apr 28, 2026 22w ago | 8-K | $77.45 $70.79 | ▼ −8.60% | ▼ −14.65% | $76.08 (−1.77%) |
Apr 24, 2026 22w ago | DEFA14A | $83.76 $72.43 | ▼ −13.52% | ▼ −18.48% | $76.08 (−9.17%) |
Apr 8, 2026 25w ago | Press Release | $87.04 $78.65 | ▼ −9.64% | ▼ −17.20% | $76.08 (−12.59%) |
Feb 28, 2026 30w ago | Institutional Cluster | $93.95 $76.87 | ▼ −18.18% | ▼ −10.24% | $76.08 (−19.02%) |
US Market Status
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