Estee Lauder Director Fribourg Reports a $5 Million Buy

Paul J. Friborg director at Estee Lauder Companies $EL continues to build a position in his own company’s stock.

This time, Friborg revealed a $5 million purchase, following a $10 million purchase earlier this week.

Here’s The Hot Corner, with data from November 20, 2024:

In another Form 4, Merchants Bank $MBIN director Patrick D. O'brien revealed a purchase of MBIN stock with a total value of $2,000,000.

The CEO of Enphase Energy $ENPH revealed the acquisition of 5,000 shares, equivalent to $308,727.

Solar stocks have fallen off a cliff since they peaked in 2021. But we’re now seeing multiple executives stepping in to buy shares in their own companies.

We’ve seen filings from top decision-makers at SolarEdge Technologies $SEDG, Sunnova Energy International $NOVA, and Array Technologies $ARRY over the past week.

We’ll continue to monitor the trends in these names for actionable setups.