John M. Hinshaw, Director at SYSCO CORP (SYY), bought 13,304 shares at $75.17 ($1.0M) on 2026-05-26, disclosed to the SEC on 2026-05-27.
Director John M. Hinshaw purchased $1.0M worth of Sysco shares at $75.17, marking the largest insider purchase in the company's history. This significant bet suggests insiders see value in the stock despite recent operational headwinds and a pullback from its 52-week high.
The stock is currently trading at $85.49, down 6.92% from its 52-week high of $91.85, though it remains up 18.28% over the past year.
Catalysts include the April 29, 2026 BofA Buy rating with a $91 price target, the company's Q3 local volume growth of 3.3% reported on May 14, 2026, and the record-setting insider purchase of $1.0M on May 26, 2026.
Risks include a 2.83% short interest and recent news (May 15, 2026) regarding a Teamsters strike authorization and commentary on softer cash flows and weak sales volumes.
Something here stands out, but not much.
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| HPQ | SELL | 2014-12-02 | $6.2M | — | Filing → |