LCI Industries – (LCII, +1, Apr-04)
On March 31st, the CEO, Chair and a divisional president all made large purchases around $107 per share, spending a total of $2.4m. We have this stock ranked +N based on a $560,000 purchase from Kieran O’Sullivan (Director since 2015) on March 8th at $112, and with this additional buying we are upgrading the shares further, from +N to +1.
Games Gero (Chair since 1992) spent $1.1m at $105.52. He has a good, but not perfect record buying the shares and last bought in March 2020 at $78.
Jamie Schnur (Group President- Aftermarket) spent $350,000 at $108, his first purchase in the shares despite many sales. His purchase violates the six-month short swing rule, just 4 months after a $480,000 sale he made in November at $160.
Jason Lippert (CEO since 2013) spent $1m at $108 in his first purchase.
We are upgrading the shares further, from +N to +1.