Director Mark J. Barrenechea buys $2.2 million of Dick'S Sporting Goods, Inc. (DKS)
Mark J. Barrenechea, director, bought $2.2 million of stock after a 20% fall. WallStPal Score 70.
Mark J. Barrenechea, director of Dick'S Sporting Goods, Inc., bought 17,000 shares on the open market on August 27, 2026 at an average of $130.72 a share, for a total of $2.2 million. The purchase was reported to the SEC on Form 4 on August 28, 2026.
It raised their holding by 189%, to 25,977 shares.
The purchase came after a fall: Dick'S Sporting Goods, Inc. stock was down 20% over the 13 weeks before.
5 other insiders also bought at least $10,000 of DKS within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Dick'S Sporting Goods, Inc. insiders reported 5 open-market purchases and 0 sales.
WallStPal Score: 70 out of 100, because of raised their holding by 189%; a large purchase; 5 other insiders also bought; the stock had fallen 20% in the 13 weeks before.
What happened next: after 1 month the stock was up 2.5% (3 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
Mark J. Barrenechea helps run Dick'S Sporting Goods, Inc.. Spending $2.2 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.
More: all DKS insider trades · Mark J. Barrenechea's track record