PVH Corp (PVH US, +1, 01-Jul-25)
Stefan Larsson (CEO since 2021, joined 2019) purchased $1 million worth of stock on June 26th at $63.92, increasing his stake by 6%. This marks only his 2nd purchase despite a reasonable tenure with the company. He made a similar-sized purchase in September 2022 at $53.94, which proved to be very well-timed.
It’s interesting to see him making another meaningful investment nearly 3 years later at a 20% higher price. Despite his extensive industry background, including serving as CEO of Ralph Lauren, Global President of Old Navy at Gap Inc., and holding several leadership roles at H&M, he has been a rare buyer, with only two small purchases in H&M, made back in June 2008 and May 2010.
Additionally, on June 11th, Jesper Andersen (Director since 2024) bought almost $40,000 of stock in his first purchase since joining the company.
We are ranking the stock +1 (strongly positive signal).
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