IIIN INSTEEL INDUSTRIES INC
Last updated: Mar 17, 2026
Execution Consistency
Did the company actually spend money buying back stock in 3+ of the last 4 quarters?
Bought back stock in 4/4 quarters. Q1 2026: $1M, Q3 2025: $1M, Q2 2025: $0M, Q1 2025: $1M
Execution Acceleration
Is the most recent quarter's buyback spend more than 15% above the trailing average?
Latest quarter $1M vs trailing avg $1M (+1%)
Buyback vs FCF
What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.
Negative FCF ($-124M), cannot compute buyback ratio
Buyback Intensity
How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.
Missing shares repurchased or outstanding data
Insider Buying
Are officers and directors buying stock with their own money on the open market?
1 open-market purchase by Wagner Richard
- Wagner Richard (Senior Vice President and COO) bought 21 shares at $28.57 on 2024-12-19
Insider-Buyback Convergence
Are insider purchases happening during the same quarters the company is actively buying back stock?
Insider buying coincided with company buybacks in 1 of 4 quarters
- Q1 2026: Wagner Richard bought while company spent $1M
Insider Net Direction
Looking at all open-market transactions, are insiders net buyers or net sellers?
Insiders bought $0M, sold $5M (net selling)
Red Flag
Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.
Company buying back stock while insiders sold 8431.7x more than bought. 5 C-suite officers among sellers
- Wagner Richard (Senior Vice President and COO) sold 1,679 shares on 2026-02-26
- York James R. (Senior Vice President) sold 600 shares on 2025-09-04
- York James R. (Senior Vice President) sold 3,000 shares on 2025-08-22
- Wagner Richard (Senior Vice President and COO) sold 4,366 shares on 2025-08-26
- Wagner Richard (Senior Vice President and COO) sold 13 shares on 2025-01-21
- Wagner Richard (Senior Vice President and COO) sold 1,715 shares on 2024-03-01
- Wagner Richard (Senior Vice President and COO) sold 2,533 shares on 2023-08-21
- Wagner Richard (Senior Vice President and COO) sold 2,628 shares on 2023-08-11
- PETELLE JAMES F (Vice President, Sec. and CLO) sold 4,908 shares on 2023-06-06
- PETELLE JAMES F (Vice President, Sec. and CLO) sold 3,285 shares on 2023-02-07