Anthony Leon Wood Jr., Director at Cardinal Infrastructure Group Inc. (CDNL), bought 51,400 shares at $39.16 ($2.0M) on 2026-08-14, disclosed to the SEC on 2026-08-17.
Director Anthony Leon Wood Jr. purchased $1.33M worth of shares at $39.16, marking the largest insider purchase in the company's history, signaling confidence in the stock's trajectory. This move comes as the stock has surged nearly 88% over the last 90 days, nearing its 52-week high.
The stock is up 87.79% over the last 90 days and is currently trading 1.82% below its 52-week high of $93.71, having recently hit a high of $93.71.
1) Q2 2026 earnings on 2026-08-11 showed record revenue of $227 million and raised full-year guidance, though adjusted EBITDA margin declined to 12.4% due to transitional costs. 2) The company raised its 2026 revenue guidance after reporting record second-quarter sales on 2026-08-11. 3) The stock is currently a Zacks Rank #1 (Strong Buy) momentum stock as of July 6, 2026.
Despite strong sales, adjusted EBITDA margin declined to 12.4% in Q2 2026 due to weather disruptions and transitional costs, and the stock has surged 178.3% year-to-date, raising concerns about valuation.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $39.16 | 34,019 | $1.3M | 65.8% |
| 2 | $39.75 | 17,381 | $691K | 34.2% |
| Total | $39.36 avg | 51,400 | $2.0M | 100% |