Mark Jeffery Penn, Chief Executive Officer, 10% Owner at Stagwell Inc (STGW), bought 20,000 shares at $5.88 ($118K) on 2026-05-13, disclosed to the SEC on 2026-05-13.
CEO Mark Penn purchased 20,000 shares for $117,600, marking the largest insider purchase in Stagwell's history. This move coincides with a 7% pullback over the last month, potentially signaling confidence in the stock's recovery.
STGW is currently trading at $5.97, down 7.01% over the past 30 days despite a strong 20.61% gain over the last 90 days. The stock sits 20.61% below its 52-week high of $7.52.
A Motley Fool article on May 21 highlighted a $28 million bet on the stock following record client wins. Additionally, Q1 2026 earnings revealed 'more than 22% growth' in the Digital Transformation segment. Finally, this trade marks the largest insider purchase in the company's history.
The stock carries a high short interest of 10.96% of the float. Furthermore, Zacks reported a -2.86% earnings miss in Q1 2026, despite revenue beating estimates.
Nothing distinguishes this filing.
| Filing → |
| STGW | BUY | 2024-02-29 | $53K | — | Filing → |
| STGW | BUY | 2024-02-28 | $52K | — | Filing → |
| STGW | SELL | 2023-03-22 | $3.9M | — | Filing → |