Luca Savi, President and CEO at ITT INC. (ITT), bought 5,019 shares at $199.56 ($1.0M) on 2026-08-31, disclosed to the SEC on 2026-09-01.
ITT Inc. CEO Luca Savi purchased 5,019 shares for $1.0 million, marking the largest insider purchase in the company's history. This rare signal of conviction from the CEO comes as the stock trades near a 52-week low, potentially signaling a bottom in the valuation.
The stock is down 5.56% over the past five days and 15.64% from its 52-week high of $230.12, currently trading at $194.12.
1) Q2 2026 earnings on August 9, 2026, which saw record revenue momentum and upgraded guidance; 2) Analyst target increases to as high as $273 following the Q2 beat; 3) The largest insider purchase in company history, signaling institutional confidence.
1) The stock has underperformed the S&P 500 over the last six months, gaining only 7.3% compared to the index's 13.1%; 2) Recent news highlights margin dilution from the SPX FLOW integration and lower reported earnings despite strong organic order momentum.
Something here stands out, but not much.
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| ITT | SELL | 2022-02-18 | $1.8M | — | Filing → |
| ITT | SELL | 2021-09-10 | $1.6M | — | Filing → |
| ITT | SELL | 2019-05-07 | $4.4M | — | Filing → |