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Commercial Metals Pick of the Week at Smart Insider Following Director McPherson Stock Purchase
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Commercial Metals Pick of the Week at Smart Insider Following Director McPherson Stock Purchase
Oct 28, 2025 6:46 AM

09:16 AM EDT, 10/28/2025 (MT Newswires) -- Commercial Metals ( CMC ) was Smart Insider's stock pick of the week after the company's director John McPherson acquired $100,000 worth of company shares for $58.09 apiece on Oct. 20.

McPherson first bought the shares in April 2022 at $40 apiece and then acquired $100,000 worth of shares in April this year at $40 per share, Smart Insider said in a Tuesday note.

It is "interesting" to see the director has bought shares again after six months and at a 50% higher price, the note said, adding that it is "unusual" insider activity and he now owns $1.4 million worth of company shares.

Smart Insider renewed its +1 rank, or strong positive signal, on Oct. 22.

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