Lawrence Erik Kurzius, Director at COOPER COMPANIES, INC. (COO), bought 10,000 shares at $53.91 ($539K) on 2026-09-14, disclosed to the SEC on 2026-09-15.
Director Lawrence Erik Kurzius purchased 10,000 shares for $539,150 at $53.91, marking the largest insider purchase in the company's history. This bold move comes as the stock has crashed nearly 20% over the last five days, potentially signaling a contrarian bet on the recent sell-off.
COO has suffered a severe technical breakdown, dropping 19.96% over the past five days and 28.83% over the last 30 days. The stock is currently trading 39.68% below its 52-week high of $89.83 and is down 17.25% year-to-date.
1) Q2 CY2026 earnings on September 11, 2026, where the company missed revenue estimates and cited channel inventory destocking. 2) The company's decision to retain its CooperSurgical business, announced on September 11, 2026, which weighed on investor sentiment. 3) The company's guidance cut for fiscal 2026, reducing adjusted earnings to $4.51-$4.55 per share and revenue to $4.23-$4.25 billion, announced on September 14, 2026.
1) The stock faces significant near-term pressure due to slowing contact lens demand, which led to a 5% stock drop and soaring put volume on September 14, 2026. 2) The company missed Wall Street's revenue expectations in Q2 CY2026, with sales flat year-on-year at $1.07 billion, and its full-year revenue guidance came in 1.5% below analyst estimates.
Something here stands out, but not much.
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| MKC | SELL | 2026-08-12 | $10.8M | — | Filing → |
| MKC | SELL | 2026-02-13 | $3.6M | — | Filing → |
| MKC | SELL | 2026-01-14 | $3.4M | — | Filing → |