Charles (Chuck) Lee, Director at Borr Drilling Ltd (BORR), bought 1,500,000 shares at $4.24 ($6.4M) on 2026-10-06, disclosed to the SEC on 2026-10-07.
Director Charles Lee purchased 1.5 million shares for $6.36M at $4.24, marking the largest insider purchase in the company's history. This significant accumulation comes as the stock has recently rallied 8.48% over the last five days.
The stock is currently trading at $4.22, up 8.48% over the last 5 days but down 7.15% over the last 30 days. The trade price of $4.24 is 36.54% below the 52-week high of $6.65.
Insider cluster: This is the largest insider purchase ever recorded for BORR Drilling, signaling strong conviction from leadership. Market sentiment: The stock has surged 8.48% in the last 5 days, potentially setting the stage for a pullback or continued momentum.
Valuation: The stock trades at a forward P/E of 52.04, which is high relative to the current price action. Short interest: The stock has a short interest of 12.39% of the float, indicating significant bearish sentiment.
Negative factors outweigh the positive ones.
| Filing → |
| BORR | BUY | 2026-10-14 | $7.4M | — | Filing → |
| BORR | BUY | 2026-10-13 | $11.8M | — | Filing → |
| BORR | BUY | 2026-10-08 | $5.4M | — | Filing → |