B · MEDIUM conviction · SWING · 2026-08-10
26.70Entry reference
29.37Model target
30.0Max hold (days)
15.0%Model allocation
Gorevic Jason N · Dir, EVP, CFO, EVP, Sec., GC
Four-insider cluster including the CFO/GC on Aug 10, top delta 19%, buying near the $22.69 52w low (17.7% off low) with RSI 46 — insurer sits deeply off its $54.90 high. Financials sector is beating SPY by ~10%, a real tailwind, and UBS just reiterated Buy. Size is modest ($288K total across four names) and the fundamentals are shaky — Q1 net loss, negative revenue growth, and a $464.8M impairment quarter — so this is a small position only.
Watch: Weak fundamentals (net loss, revenue -9% yoy, recent large impairment); active Sell ratings from multiple analysts; below MA20/MA50; modest dollar size per insider.