The CFO and a director buying stock with personal cash is a modest positive signal, but the dollar amount is too small to be market-moving. Monitor for additional insider buying or a material catalyst (earnings, guidance, or strategic announcement) that could explain the cluster.
Price Chart
Executive Summary
Two insiders at Latham Group (SWIM) made open-market purchases totaling $316K over two days: Director James Cline bought $242K worth and CFO Oliver Gloe bought $74K worth. The cluster represents ~0.055% of the $574M market cap, a trivial amount, but the CFO's personal cash purchase alongside a director's larger buy signals modest insider conviction at current prices near $4.84-$4.90.
Key Financial Metrics
Key Facts
- Director James Cline purchased 50,000 shares at $4.84 on May 19, 2026, totaling $242K
- CFO Oliver Gloe purchased 15,050 shares at $4.90 on May 20, 2026, totaling $74K
- Total cluster value of $316K represents ~0.055% of SWIM's $574M market cap
- No open-market sales in the cluster; one non-cash tax withholding by CHRO Nikki Vaughan
Financial Impact
Insider purchases of $316K total, negligible relative to $574M market cap
Risk Factors
- Insider purchases are small relative to market cap and may be routine portfolio adjustments
- No accompanying material news or catalyst identified in the cluster window
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SWIM-1779380680386 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | SC 13G/A | $6.39 | awaiting T+60 | — | $6.72 (+5.24%) |
Aug 21, 2026 9w ago | 8-K | $7.03 | awaiting T+60 | — | $6.72 (−4.34%) |
Aug 19, 2026 9w ago | 3 | $7.19 | awaiting T+60 | — | $6.72 (−6.47%) |
Jun 11, 2026 19w ago | Institutional Cluster | $5.69 $7.10 | ▲ +24.78% | ▲ +20.38% | $6.72 (+18.19%) |
May 21, 2026 22w ago | Insider Cluster | $5.16 $7.13 | ▲ +38.18% | ▲ +33.88% | $6.72 (+30.33%) |
Mar 20, 2026 31w ago | DEFA14A | $5.55 $5.45 | ▼ −1.80% | ▼ −16.22% | $6.72 (+21.17%) |
Mar 3, 2026 33w ago | Press Release | $7.20 $5.43 | ▼ −24.58% | ▼ −34.67% | $6.72 (−6.60%) |
Mar 3, 2026 33w ago | Press Release | $7.20 $5.43 | ▼ −24.58% | ▼ −34.67% | $6.72 (−6.60%) |
US Market Status
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