Pale Fire Capital SE, 10% Owner at Dole plc (DOLE), bought 5,700 shares at $13.28 ($76K) on 2026-10-12, disclosed to the SEC on 2026-10-14.
Pale Fire Capital SE executed a $75,721 purchase of 5,700 shares at $13.28, marking the largest insider purchase in the company's history. This significant accumulation by a 10% shareholder suggests strong conviction in the stock's valuation and potential recovery.
The stock is currently trading at a forward P/E of 9.09, offering a dividend yield of 2.53%. The stock has a beta of 0.68, indicating lower volatility compared to the broader market.
Insider cluster: This is the largest ever insider purchase for Dole plc, signaling a major vote of confidence from a major shareholder.
Short interest: The stock has a short interest of 4.86% of the float, representing a notable level of bearish positioning that could drive volatility.
Negative factors outweigh the positive ones.