Scott Matthew Stewart, CFO & COO at ContextLogic Holdings Inc. (LOGC), bought 10,000 shares at $9.76 ($98K) on 2026-06-12, disclosed to the SEC on 2026-06-15.
ContextLogic CFO Scott Stewart purchased $97,600 of stock at $9.76, marking the largest purchase of his career and a significant bullish signal for the company. This move comes as the stock trades near its 52-week low following a strategic acquisition.
The stock is currently trading at $7.05, representing a 0.0% change over the last 5 days and a 16.86% decline over the last 90 days. The price sits at the bottom of its 52-week range, exactly at the 52-week low of $7.05.
1) Q4 2025 investor letter from Plural Investing released on 2026-01-29 highlights the company as undervalued. 2) The company announced a $850 million acquisition of gChem Specialty Chemicals on 2026-08-05. 3) The company previously completed a $907.5 million purchase of US Salt on 2025-12-08.
The stock has underperformed significantly with a 16.86% decline over the last 90 days. Additionally, short interest represents 8.45% of the float, indicating notable skepticism from the market.
Clearly above the average filing.
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