Commercial Metals Pick of the Week at Smart Insider Following Director McPherson Stock Purchase
MT Newswires Live
Oct 28, 2025
Commercial Metals (CMC) was Smart Insider's stock pick of the week after the company's director John McPherson acquired $100,000 worth of company shares for $58.09 apiece on Oct. 20.
McPherson first bought the shares in April 2022 at $40 apiece and then acquired $100,000 worth of shares in April this year at $40 per share, Smart Insider said in a Tuesday note.
It is "interesting" to see the director has bought shares again after six months and at a 50% higher price, the note said, adding that it is "unusual" insider activity and he now owns $1.4 million worth of company shares.
Smart Insider renewed its +1 rank, or strong positive signal, on Oct. 22.
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