Timothy R. Morse, Director at TENNANT CO (TNC), bought 1,500 shares at $68.18 ($102K) on 2026-08-12, disclosed to the SEC on 2026-08-13.
Director Timothy R. Morse purchased 1,500 shares for $102,270, marking the largest insider purchase in the company's history. This move comes as the stock faces significant headwinds following a Q2 earnings miss and margin pressure.
TNC is down 20.34% over the last 30 days and is currently trading 25.59% below its 52-week high of $91.27, reflecting a sharp sell-off after the recent earnings report.
Coming off a -32.52% earnings surprise in Q2 CY2026, the next earnings print is due on {date}. Additionally, the company faces an ongoing ERP fraud probe and operational disruptions that could impact future performance.
The stock is trading at a steep discount to its DCF intrinsic value estimate, but recent news highlights margin pressure and an ERP fraud probe that could hinder operational recovery.
Something here stands out, but not much.