David A. Lorber, CHAIRMAN AND CEO, 10% Owner at PhenixFIN Corp (PFX), bought 42,065 shares at $39.95 ($1.7M) on 2026-05-12, disclosed to the SEC on 2026-05-14.
Chairman and CEO David A. Lorber purchased $1.68M worth of stock at $39.95 per share, marking the largest insider purchase in the company's history. This high-level conviction buy comes as the stock trades near its 52-week low, potentially signaling a bottom in the current valuation.
PFX is down 5.03% over the last 30 days and 21.12% over the past year, trading at $39.47, which is 26.35% below its 52-week high of $53.59 and just 0.79% above its 52-week low of $39.16.
1) Q3 earnings on August 6, 2026, where the company beat estimates by 129.79% for earnings and 14.58% for revenue. 2) The company's largest-ever insider purchase on May 12, 2026, indicating strong management confidence. 3) Q2 earnings on May 5, 2026, where the company missed estimates by 17.78% for earnings and 7.50% for revenue.
1) The stock has seen significant volatility with a recent 7.4% surge on July 15, 2026, which may not translate into further price increases in the near term. 2) The company reported a loss of $4.8 million in its fiscal first quarter on February 9, 2026.
Nothing distinguishes this filing.
| Filing → |
| PFX | BUY | 2025-12-17 | $51K | — | Filing → |
| PFX | BUY | 2025-09-05 | $29K | — | Filing → |
| PFX | BUY | 2025-06-18 | $48K | — | Filing → |