Robert Ledford, Director at Orion Group Holdings Inc (ORN), bought 20,000 shares at $9.62 ($192K) on 2026-07-31, disclosed to the SEC on 2026-08-04.
Director Robert Ledford purchased $192,430 worth of shares at $9.62, marking the largest insider purchase in the company's history. This move comes as the stock has crashed 30.99% over the last 30 days, potentially signaling conviction in a value rebound.
ORN has dropped 30.99% over the last 30 days and is currently trading 41.31% below its 52-week high of $17.38, despite a 42.06% gain over the past year.
Q2 earnings on July 29, 2026, which saw the company miss estimates due to Marine project delays, with management now citing a 'profit reset' and a contracted second-half ramp.
The stock is down 14.43% in the last 5 days following the Q2 earnings miss, and the company faces a high valuation with a P/E ratio of 124.13.
Something here stands out, but not much.