Insider buying at Intergroup: COO adds shares at up to $14.44
Rhea-AI Filing Summary
Intergroup (NASDAQ:INTG) filed a Form 4 showing that COO David C. Gonzalez bought 8,700 common shares on 24-25 Jun 2025 in 17 open-market transactions priced $11.61–$14.44. His direct ownership rose from 26,829 to 35,529 shares, a 32% increase worth roughly $113 k at purchase cost.
No sales, derivative trades or Rule 10b5-1 plan indications were reported. The modest-sized purchases nevertheless signal insider confidence.
- Transaction code “P” for all buys.
- No changes to indirect holdings.
- Filing date: 26 Jun 2025; earliest trade: 24 Jun 2025.
Positive
- COO David C. Gonzalez increased his direct stake by 8,700 shares, a 32% jump, through open-market purchases worth approximately $113 k.
Negative
- None.
Insights
TL;DR: COO ups stake 32%; small dollar value but positive alignment.
Gonzalez added 8,700 shares across two days, lifting his holdings to 35,529. Although the outlay is only about $113 k, a 32% position boost suggests authentic confidence, especially coming from an operational insider. No 10b5-1 plan or option exercises were involved, indicating discretionary buying. Still, the purchase is unlikely to move the needle on valuation given Intergroup’s float, so market impact may be limited.
TL;DR: Encouraging signal, but not large enough to alter thesis.
Insider accumulation generally precedes stronger returns, yet this transaction represents barely six figures and less than 0.5% of outstanding shares. The price range—up to $14.44—provides a reference point for near-term support, but investors should await larger-scale buys or operating catalysts before reassessing position size.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 500 | $12.83 | $6K |
| Purchase | COMMON STOCK | 800 | $12.94 | $10K |
| Purchase | COMMON STOCK | 200 | $13.67 | $3K |
| Purchase | COMMON STOCK | 500 | $13.70 | $7K |
| Purchase | COMMON STOCK | 300 | $13.68 | $4K |
| Purchase | COMMON STOCK | 200 | $13.69 | $3K |
| Purchase | COMMON STOCK | 200 | $14.44 | $3K |
| Purchase | COMMON STOCK | 60 | $11.61 | $696.60 |
| Purchase | COMMON STOCK | 500 | $11.95 | $6K |
| Purchase | COMMON STOCK | 500 | $11.96 | $6K |
| Purchase | COMMON STOCK | 1,000 | $12.31 | $12K |
| Purchase | COMMON STOCK | 500 | $12.27 | $6K |
| Purchase | COMMON STOCK | 1,500 | $12.40 | $19K |
| Purchase | COMMON STOCK | 500 | $13.27 | $7K |
| Purchase | COMMON STOCK | 500 | $13.67 | $7K |
| Purchase | COMMON STOCK | 700 | $13.42 | $9K |
| Purchase | COMMON STOCK | 300 | $13.34 | $4K |
Footnotes (1)
