Loar Holdings Inc (LOAR US, +1, 16-March-26)

Two Non Executives made their first purchase since the April 2024 IPO at $28. Both are on the board as representatives of Abrams Capital, who own 40% of the company, but interestingly the purchases appear to be direct. 

Raja Bobbili (Non-Executive since Apr 2024) bought $3.2 million of stock on March 12th at $63.61. The purchase appears to be for his estate planning vehicle. 

Anthony Carpenito (Non Executive since Apr 2024) bought $312,000 of stock on March 13th. The buyers are paying a price more than 2x the IPO price of 2 years ago. 

We originally ranked the stock +N on March 13th due to a purchase from Dirkson Charles (Co-Chairman & CEO since Apr 2024, joined 2012) who reversed from previously selling stock to buying $3 million of stock. 

With these further unusual purchases, we are upgrading our ranking further to +1 (strong positive signal).

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