Michael Longo (Hibbett Inc CEO since 2019) purchased $350,000 of stock on the 6th October at $70.08, increasing his stake by 13%. This is his second purchase since joining the company, his first was for $135,000 of stock at $9.00 in March 2020 and it’s very encouraging to see him now making this much larger purchase at a much higher price. He already met the ownership requirements ($1.5 million).

We previously ranked the stock +1 on the 19th July due to notable purchases from Benck, Blahnik and Knighten and we are renewing our +1 ranking with this notable purchase from Longo.

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