Commercial Metals Co (CMC US, +1, 22-Oct-25)

John McPherson (Director since Mar 2022) bought 1,722 shares on October 20th at $ 58.09, spending $100,000. McPherson’s first purchase was soon after joining the board in April 2022 at $40. He then waited three years and spent $100,000 in April 2025 at $40 after the price declined following Q1 earnings. We ranked the stock +1 on April 1st based on a $295,000 purchase from Peter Matt (CEO since 2023; joined as Director in 2020), and McPherson’s purchase followed closely after, as the stock declined. 

It is interesting to see another purchase from McPherson just six months later and at a price 50% higher. This is unusual insider activity. He has already easily met the ownership requirements of 5x cash salary (~$615,000) and now holds $1.4 million worth of stock. He is a former EVP and Chief Financial and Strategy Officer of Vulcan Materials (VMC). While at Vulcan, he never purchased shares. 

We are renewing our +1 rank (strongly positive signal).

If you want the Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe! Follow us on LinkedIn and Twitter