Commerial Metals Co (CMC US, +1, 14-July-26)
Peter Matt (President & CEO since Sep 2023, joined 2020) bought $504,000 of stock on July 10th at $61.30, increasing his stake by 5%.
He has a good record based upon his only 2 previous buys; $250,000 of stock at $40 in October 2023 and $295,000 at $48 in March 2025 (which we ranked +1) and it’s encouraging he’s now buying in much larger size at a price more than 25% higher.
He was also timely with his 2 purchases at Constellium SE (CFO from 2016 to 2023). The company reported on June 25th.
We are ranking the stock +1 (strongly positive).
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