Pale Fire Capital SE, 10% Owner at Dole plc (DOLE), bought 648,356 shares at $13.12 ($8.6M) on 2026-10-21, disclosed to the SEC on 2026-10-22.
Pale Fire Capital SE executed a massive purchase of 438,900 shares for $5.76M at $13.12, marking the largest insider trade in the company's history. This significant capital commitment suggests the firm views the current valuation as attractive relative to its long-term potential.
DOLE is trading at $13.46, up 1.82% over the last 30 days and 0.45% over the last 5 days, but remains 4.47% below its 52-week high of $14.09.
Insider momentum: This is the largest insider purchase ever recorded for DOLE, signaling strong conviction from a major shareholder. Earnings: The company is scheduled to report Q3 earnings on November 20, 2026.
Valuation compression: The forward P/E of 9.12x is a significant discount to the TTM P/E of 18.27x, which may indicate market concerns about near-term earnings growth or margin pressure.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.24 | 45,676 | $605K | 7.1% |
| 2 | $13.12 | 438,900 | $5.8M | 67.3% |
| 3 | $13.39 | 163,780 | $2.2M | 25.6% |
| Total | $13.19 avg | 648,356 | $8.6M | 100% |
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