The CFO's first open-market buy and the director's $192K purchase after a significant earnings miss suggest insiders view the post-earnings sell-off as overdone. Monitor for additional insider buys or a Form 4 filing from the CEO; a sustained buying pattern would strengthen the bullish signal. The stock's 90% analyst bullish consensus provides a favorable backdrop for mean reversion.
Price Chart
Executive Summary
Orion Group Holdings insiders, including the CFO, EVP & General Counsel, and two directors, made open-market purchases totaling ~$321K on July 31, 2026, just one week after the company reported a Q2 2026 earnings miss and lowered full-year guidance. The cluster includes the CFO's first open-market buy since joining, which is a notable signal of confidence despite the bearish earnings backdrop. The total dollar value is ~0.08% of market cap, below the 0.1% materiality threshold, but the CFO's participation and the cluster's timing after a significant earnings miss amplify its informational value per academic literature on insider cluster buys.
Key Financial Metrics
Key Facts
- CFO Alison Gaut purchased 5,025 shares at $9.95 (~$50K) on July 31, 2026, her first open-market buy since joining.
- Director Robert Ledford purchased 20,000 shares at $9.62 (~$192K), the largest single trade in the cluster.
- Total cluster open-market purchases: ~$321K across 4 insiders, representing ~0.08% of $405M market cap.
- Cluster occurred 7 days after Q2 2026 earnings miss (EPS -$0.10 vs. consensus $0.14) and lowered FY2026 Adjusted EBITDA guidance to $50M-$54M.
Financial Impact
Insider purchases totaling ~$321K, or ~0.08% of market cap, concentrated at ~$9.62-$9.95 per share.
Risk Factors
- Earnings miss and lowered guidance may pressure the stock further if Q3 results disappoint.
- Cluster value is small relative to market cap (~0.08%), limiting the signal's statistical power.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ORN-1785900864176 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $8.52 | awaiting T+60 | — | $8.93 (+4.75%) |
Oct 9, 2026 17d ago | SC 13G | $9.12 | awaiting T+60 | — | $8.93 (−2.14%) |
Aug 4, 2026 11w ago | Insider Cluster | $10.33 | awaiting T+60 | — | $8.93 (−13.60%) |
Jul 29, 2026 12w ago | 8-K | $9.08 $8.41 | ▲ +7.38% | ▲ +12.11% | $8.93 (+1.71%) |
Apr 29, 2026 25w ago | 8-K | $12.01 $12.69 | ▲ +5.66% | ▲ +1.55% | $8.93 (−25.69%) |
Apr 8, 2026 28w ago | Press Release | $11.82 $14.89 | ▲ +25.97% | ▲ +15.19% | $8.93 (−24.49%) |
Apr 1, 2026 29w ago | DEFA14A | $11.24 $17.14 | ▲ +52.49% | ▲ +39.11% | $8.93 (−20.60%) |
Mar 19, 2026 31w ago | Press Release | $10.39 $14.51 | ▲ +39.65% | ▲ +25.23% | $8.93 (−14.10%) |
Mar 6, 2026 33w ago | Insider Cluster | $11.66 $13.83 | ▲ +18.61% | ▲ +5.83% | $8.93 (−23.46%) |
Mar 4, 2026 33w ago | 8-K | $11.82 $13.83 | ▲ +17.01% | ▲ +5.71% | $8.93 (−24.49%) |
US Market Status
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