Peter Lynch famously loved spin-offs with insider buying.
Today, there are 3 spin-offs with interesting insider activity.
Let's go in alphabetical order:
Enhabit ($EHAB)
Insiders have been buying for a long time.
But the stock has been a disaster.
What does Enhabit do?
It’s a home health and hospice company which was spun out of Encompass Health (EHC).
@ClarkinM did a nice job writing it up recently...
He writes "home health and hospice care has some strong tailwinds with an aging population, a push towards cheaper healthcare settings and a highly fragmented market (even the larger players like Enhabit only have single digit market shares) in need of consolidation (clinic/route density is an important driver of operational leverage).clarkstreetvalue.blogspot.com/2024/05/enhabi…
In May, $DD announced that it plans to break up into 3 public companies:
1) New DuPont 2) Electronics 3) Water
The transaction is expected to take 18 to 24 months to be completed.
New Dupont will be a diversified industrial with $6.6BN in revenue and ~24% EBITDA margins. It will serve the following end markets: health care (25% of sales), mobility (25% of sales), safety and protection (50% of sales).
New Dupont will be a diversified industrial with $6.6BN in revenue and ~24% EBITDA margins. It will serve the following end markets: health care (25% of sales), mobility (25% of sales), safety and protection (50% of sales).
I’m a small investor, and it’s sometimes hard to get in touch with management or investor relations.
Today, I’m going to walk through the specific tactics that I use to get in touch with management/IR:
I love talking to investor relations / management.
Why?
A couple reasons: 1) It helps me confirm the facts. 2) It helps me get up to speed on a company faster. 3) It allows me to “feel” whether insiders are excited or not about their stock.
How do you find contact info to set up a call with a company?
The best place to look is the investor relations section of the website: