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buyModerate cluster of 2

Ned N. Fleming IV bought $689k of ROAD

Senior VP - Strategy & Bus Dev at Construction Partners, Inc.. 9,333 shares at an average of $73.83, traded Apr 14, 2025, filed Apr 15, 2025.

Conviction score
49
Value
$689k
9,333 shares
Holdings after
9,333
change unknown
From 52-week low
+30%
low $61.31, close $79.63
From 52-week high
-22%
high $101.86, as of Apr 14, 2025

Score components

  • Role
    Other
    +8
  • Trade size
    $689k at market
    +21
  • Relative to holdings
    First purchase: no shares before this trade
    +8
  • Price context
    22% below the 52-week high
    +4
  • Cluster
    2 insiders buying within 14 days
    +8
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +23.9%, 3m +32.8%, 6m +54.9%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

ROADOct 9, 2026 · close 86.81
Since filing Apr 15, 2025: +8.6%SPY +47.1% · excess -38.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001718227-25-000051, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Apr 14, 2025POpen-market purchase
Class A Common Stockindirect: By Tar Frog Investment Management LLC
+6,000$73.83$443k6,000Apr 15, 2025
Apr 14, 2025POpen-market purchase
Class A Common Stockindirect: By Tar Frog Investment Management LLC
+3,333$73.83$246k9,333Apr 15, 2025
Apr 14, 2025POpen-market purchase
Class B Common Stockderivativeindirect: By Tar Frog Investment Management LLC
+5,990$73.83$442k140,572Apr 15, 2025

Related signals

Other insiders at Construction Partners, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
40Moderate
ROADsell 2
Construction Partners, Inc.
John L Harper
Senior Vice President
$443k
6,000 shares
-4%
36Weak
ROADsell 2
Construction Partners, Inc.
Robert P. Flowers
Senior Vice President
$246k
3,333 shares
-7%
66Notable
ROADbuy 2
Construction Partners, Inc.
Fred Julius Smith III
President and CEO
$689k
9,333 shares
-
53Moderate
ROADsell 4
Construction Partners, Inc.
Todd Keith Andrews
Chief Accounting Officer
$504k
5,489 shares
-24%
48Moderate
ROADsell 4
Construction Partners, Inc.
Todd Keith Andrews
Chief Accounting Officer
$241k
2,511 shares
-11%
49Moderate
ROADsell 4
Construction Partners, Inc.
John L Harper
Senior Vice President
$566k
6,000 shares
-4%
65Notable
ROADsell 5
Construction Partners, Inc.
SunTx Capital II Management Corp.
director, owner
$1.3M
12,731 shares
-43%
60Notable
ROADsell 5
Construction Partners, Inc.
Charles E Owens
director
$2.7M
27,681 shares
-21%
65Notable
ROADsell 5
Construction Partners, Inc.
Charles E Owens
director
$12M
119,709 shares
-48%
65Notable
ROADsell 3
Construction Partners, Inc.
Robert P. Flowers
Senior Vice President
$2.5M
25,000 shares
-37%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Ned N. Fleming IV bought $689k of ROAD | InsiderTell