PicS Pick of the Week at Smart Insider Following CEO, Non-Executive, Executive Stock Purchases

MT Newswires Live

Apr 07

PicS (PICS) was Smart Insider's stock pick of the week after the company's chief executive, a non-executive officer, and the investor relations officer acquired a total of $2.3 million company shares between March 23 and March 26 at roughly $11.70 apiece.

CEO Eduardo Chedid bought $1 million company stock, while non-executive William Pruett bought $1.2 million of stock, and investor relations officer Andre Cazotto acquired $75,075 PicS shares, Smart Insider said in a Tuesday note.

The stock buys follow "significant" share price weakness since the company raised $436 million in its January 2026 listing at $19 per share.

This is a "notable cluster" of stock buys post weakness, according to the note.

Smart Insider ranked the stock +1, or strong positive signal, on March 30.

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