EVP Michael Kim buys $428,955 of Claritev Corp (CTEV)
Michael Kim, executive vice president, bought $428,955 of stock after a 71.2% fall. WallStPal Score 65.
Michael Kim, executive vice president of Claritev Corp, bought 30,000 shares on the open market on February 27, 2026 at an average of $14.30 a share, for a total of $428,955. The purchase was reported to the SEC on Form 4 on March 2, 2026.
It raised their holding by 28%, to 137,973 shares.
The purchase came after a fall: Claritev Corp stock was down 71.2% over the 13 weeks before.
2 other insiders also bought at least $10,000 of CTEV within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Claritev Corp insiders reported 3 open-market purchases and 0 sales.
WallStPal Score: 65 out of 100, because of raised their holding by 28%; 2 other insiders also bought; the stock had fallen 71.2% in the 13 weeks before.
What happened next: after 1 month the stock was up 4.1% (10 points better than the S&P 500); after 3 months the stock was up 88.8% (79.1 points better than the S&P 500); after 6 months the stock was up 160.7% (149.6 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Our read
This one purchase is 67% of all insider buying at CTEV in the past year, the first open-market purchase by Michael Kim in our records, made after a 71.2% fall in 13 weeks, a setup where insider buying has historically mattered most. It is worth reading next to the company's own results and news before drawing conclusions.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Michael Kim helps run Claritev Corp. Spending $428,955 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
Sources
- Form 4: Michael Kim, purchase of CTEV · filed 2026-03-02
- Form 4: Travis Dalton, purchase · filed 2026-03-02
- Form 4: Tara O'Neil, purchase · filed 2026-03-02
The purchase filing and the other most recent Form 4 filings for the same company.