David A. Lorber, Chairman and CEO of PhenixFIN Corp (PFX), made a significant purchase of the company's stock on May 12, 2026. Lorber acquired 42,065 shares at a price of $39.95 per share, amounting to a total investment of approximately $1.68 million.
This transaction by a key executive underscores a strong belief in the company's future prospects. The purchase comes amidst other recent insider buying activity, including a purchase by Howard Amster in early March. Insider purchases are often viewed by the market as a signal of confidence from company leadership.