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IIIN INSTEEL INDUSTRIES INC

Last updated: Mar 17, 2026

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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
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Insider Net Direction

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $5M (net selling)

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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