Sanjay Chowbey, President and CEO at KENNAMETAL INC (KMT), bought 7,000 shares at $29.10 ($204K) on 2026-09-10, disclosed to the SEC on 2026-09-11.
Kennametal CEO Sanjay Chowbey purchased 7,000 shares for $203,700, signaling confidence in the company's value despite recent stock weakness. This executive action comes as the stock trades near a 52-week low, potentially offering a contrarian entry point.
The stock is down 6.06% over the past five days and 16.67% over the last 90 days, trading at $29.12, which is 33.48% below its 52-week high of $43.78.
1) Q4 2026 earnings on August 6, 2026, which beat estimates; 2) Q2 2027 earnings on August 12, 2026; 3) Upcoming Q2 2027 results on August 17, 2026.
The stock faces headwinds from a 13.1% decline since the last earnings report and a short interest of 13.05% of the float, indicating significant bearish sentiment.
Nothing distinguishes this filing.
| Filing → |
| KMT | BUY | 2024-05-13 | $260K | — | Filing → |
| FLS | BUY | 2020-03-10 | $15K | — | Filing → |