The CEO and director buying in size on the same day is a modest positive signal, but the dollar amount is small relative to market cap. Monitor for any upcoming earnings release or material announcement that may have prompted the cluster. The historical calibration shows past PATK calls have underperformed, so avoid over-weighting this signal.
Price Chart
Executive Summary
Four PATK insiders, including the CEO and a director, collectively purchased $2.35M in open-market shares on May 5, 2026, at prices between $85.50 and $88.22. This represents ~0.08% of the $3.0B market cap, a modest but notable cluster given the CEO's participation and the 75% bullish analyst consensus.
Key Financial Metrics
Key Facts
- CEO Andy L. Nemeth purchased 10,000 shares at $88.00 for $880,000
- Director M. Scott Welch purchased 10,000 shares at $88.225 for $882,250
- President - RV Charles R. Roeder purchased 5,750 shares at $87.83 for $505,018
- Insider Matthew S. Filer purchased 1,000 shares at $85.50 for $85,500
- Total cluster value: $2.35M, all open-market purchases
- Cluster represents ~0.08% of PATK's $3.0B market cap
Financial Impact
$2.35M in insider purchases, ~0.08% of market cap
Risk Factors
- Cluster value is only 0.08% of market cap — may be routine portfolio rebalancing
- Historical PATK insider cluster reports have shown negative average returns at T+20 (-8.18%)
- No accompanying material corporate event disclosed to explain the buying
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PATK-1778068549258 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 7w ago | Press Release | $86.06 $72.98 | ▼ −15.20% | ▼ −13.21% | $67.16 (−21.96%) |
Aug 10, 2026 7w ago | 425 / 8-K | $87.42 $76.99 | ▼ −11.93% | ▼ −10.87% | $67.16 (−23.18%) |
Jul 30, 2026 9w ago | 8-K | $84.00 $83.09 | ▼ −1.08% | ▼ −5.05% | $67.16 (−20.05%) |
Jun 30, 2026 13w ago | 425 | $85.27 $86.62 | ▲ +1.58% | ▲ +3.77% | $67.16 (−21.24%) |
Jun 30, 2026 13w ago | 425 | $85.27 $86.62 | ▲ +1.58% | ▲ +3.77% | $67.16 (−21.24%) |
Jun 25, 2026 14w ago | Insider Cluster | $92.68 $85.45 | ▼ −7.80% | ▼ −8.33% | $67.16 (−27.54%) |
May 18, 2026 19w ago | 8-K | $89.85 $87.13 | ▼ −3.03% | ▼ −4.61% | $67.16 (−25.26%) |
May 7, 2026 21w ago | 8-K | $95.36 $90.65 | ▼ −4.94% | ▼ −8.08% | $67.16 (−29.57%) |
May 5, 2026 21w ago | Insider Cluster | $90.06 $90.66 | ▲ +0.67% | ▼ −4.29% | $67.16 (−25.43%) |
May 5, 2026 21w ago | Insider Cluster | $90.06 $90.66 | ▲ +0.67% | ▼ −4.29% | $67.16 (−25.43%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access