CEO Aaron W. Saak buys $1 million of Crane NXT, Co. (CXT)
Aaron W. Saak, chief executive, bought $1 million of stock after a 16.1% fall. WallStPal Score 68.
Aaron W. Saak, chief executive of Crane NXT, Co., bought 24,000 shares on the open market on June 12, 2026 at an average of $42.13 a share, for a total of $1 million. The purchase was reported to the SEC on Form 4 on June 16, 2026.
It raised their holding by 59%, to 64,595 shares.
The purchase came after a fall: Crane NXT, Co. stock was down 16.1% over the 13 weeks before.
1 other insider also bought at least $10,000 of CXT within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Crane NXT, Co. insiders reported 2 open-market purchases and 0 sales.
WallStPal Score: 68 out of 100, because of raised their holding by 59%; a large purchase; 1 other insider also bought; the stock had fallen 16.1% in the 13 weeks before; bought by a top executive.
What happened next: after 1 month the stock was up 24.6% (23.6 points better than the S&P 500); after 3 months the stock was up 18.8% (14.4 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Aaron W. Saak helps run Crane NXT, Co.. Spending $1 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.