Joshua Bradshaw, Vice Chairman and President at Cornerstone Strategic Investment Fund, Inc. (CLM), bought 16,000 shares at $6.08 ($97K) on 2026-10-20, disclosed to the SEC on 2026-10-21.
Vice Chairman Joshua Bradshaw purchased 16,000 shares for $97,280, marking the largest insider purchase in the company's history, signaling strong conviction in the asset manager's value proposition. This significant buyback comes as the stock trades near its 52-week low, potentially indicating a bottoming opportunity.
CLM is down 23.5% over the last year and is currently 26.73% below its 52-week high of $8.53, trading at $6.25. The stock has declined 2.57% over the past five days.
1) Largest insider purchase ever recorded on record; 2) Trading at a 52-week low of $6.075, creating a potential support level; 3) High dividend yield of 23.4%.
1) The stock is down 12.22% over the last 90 days, indicating recent bearish momentum; 2) Beta of 1.205 suggests the stock is more volatile than the market.
Nothing distinguishes this filing.