TrueBlue CEO Owen buys $77k in shares
#TrueBlue #Taryn Owen #Insider Purchase #NYSE:TBI #Undervalued Stock #Corporate Leadership #Market Analysis
📌 Key Takeaways
- CEO Taryn Owen purchased $77,316 worth of TrueBlue shares at near 52-week low
- Transaction executed in multiple trades between $3.60-$3.84 per share
- Stock appears undervalued with Fair Value of $5.50 versus current $3.79
- Company undergoing leadership changes with new appointments and board restructuring
📖 Full Retelling
TrueBlue CEO and President Taryn R. Owen purchased 20,400 shares of the company's common stock on February 24, 2026, in New York trading markets, spending $77,316 total as the stock trades near its 52-week low. The transaction was executed in multiple trades with prices ranging from $3.60 to $3.84 per share, bringing Owen's direct ownership in the company to 791,807 shares. The insider purchase comes amid a challenging period for TrueBlue, whose shares have declined 36% over the past year and currently trade close to their 52-week low of $3.44. According to InvestingPro analysis, the stock appears significantly undervalued with a Fair Value of $5.50, positioning it among opportunities on the most undervalued stocks list. While the company hasn't been profitable over the last twelve months, analysts predict a return to profitability this year, potentially explaining the CEO's confidence in purchasing shares at current levels. Beyond the insider transaction, TrueBlue has been undergoing significant leadership changes, including the appointment of Mike Kruszewski as President of PeopleReady On-Demand and the addition of William Greenblatt and William Seward to the board, while two existing directors are set to step down by the 2026 Annual Meeting of Shareholders.
🏷️ Themes
Insider Trading, Corporate Leadership, Market Valuation
📚 Related People & Topics
TrueBlue
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Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Netflix declines to match Paramount Skydance bid for Warner Bros Dorsey’s Block slashes workforce 40% to embrace AI-native future, shares gain This is where Deutsche Bank sees silver prices ending the year Gold prices mixed as U.S.-Iran nuclear talks end after ’significant progress’ (South Africa Philippines Nigeria) TrueBlue CEO Owen buys $77k in shares By Investing.com Insider Trading Published 02/26/2026, 10:22 PM TrueBlue CEO Owen buys $77k in shares 0 TBI 3.95% TrueBlue (NYSE:TBI) CEO and President Taryn R. Owen reported purchasing 20,400 shares of common stock on February 24, 2026. The shares were bought at a price of $3.79, for a total transaction value of $77,316. The purchase was executed in multiple trades with prices ranging from $3.60 to $3.84. Following the transaction, Owen directly owns 791,807 shares of TrueBlue .The insider purchase comes as TBI shares trade near their 52-week low of $3.44, down 36% over the past year. According to InvestingPro analysis, the stock appears undervalued with a Fair Value of $5.50, placing it among opportunities on the most undervalued stocks list. While the company wasn’t profitable over the last twelve months, analysts predict profitability this year. Investors can access the comprehensive Pro Research Report and 14 additional ProTips for TBI on InvestingPro . In other recent news, TrueBlue has announced the appointment of Mike Kruszewski as President of PeopleReady On-Demand. Kruszewski, who joined PeopleReady in November 2025 as Head of Sales, will now oversee strategy, sales, and operational performance for the business. Additionally, TrueBlue has responded to director nominations from EHS Management, emphasizing its ongoing strategic plan aimed at improving financial results and achieving sustainable growth. As part of this plan, the company has appointed William Greenblatt and William Seward to its board, while two existing directors are set to step down b...
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