Core & Main (CNM) Insider Bhavani Amirthalingam Buys 2,799 Shares

Insider Buying and Selling at Core & Main, Inc.

On June 23, 2026, Bhavani Amirthalingam bought 2,799 shares of Core & Main, Inc. (NYSE: CNM). The shares were acquired at a price of $47.13 each, making the total value of the transaction approximately $131,000. This purchase comes as part of a series of insider trades on the same day, reflecting a shared confidence among the company's leadership.

Other Insiders Also Buy

On the same date, several other insiders also purchased 2,799 shares of Core & Main, Inc. Kathleen Mazzarella, Robert Buck, James Hope, James Castellano, Susan Hardwick, and Dennis Gipson all executed similar transactions. Each of these insiders made the purchase at the same price of $47.13 per share, further indicating a collective belief in the company’s prospects.

How Core & Main, Inc. Stock Has Traded

Core & Main, Inc. is currently trading at $47.13, which is above its 50-day moving average of $44.08. However, the stock is still below its 52-week high of $59.66. This suggests that while the stock has seen some recent strength, it has not yet returned to its peak levels. Investors may be watching how the stock performs in the coming weeks, especially with the upcoming earnings report.

Analysts Set New Price Targets

Analysts remain generally positive about Core & Main, Inc. On October 7, 2026, RBC Capital maintained an 'Outperform' rating with a price target of $57.00, down from $60.00. Citigroup also maintains a 'Neutral' rating with a target of $46.00, while Wells Fargo keeps an 'Overweight' rating with a target of $48.00. The consensus among analysts is a 'buy' recommendation, with a mean target price of $55.29 based on 14 opinions.

What Core & Main, Inc. Does

Core & Main, Inc. distributes products for water and wastewater management, storm drainage, and fire protection in the U.S. The company plays a crucial role in infrastructure maintenance, serving municipalities and contractors. The recent insider purchases suggest that the company's leaders believe in its growth potential and stability in the industrial distribution sector.

What’s Next for Core & Main

Investors will be looking forward to Core & Main's next earnings report on December 8, 2026. As the company approaches this date, further insider transactions and any changes in analyst ratings could provide more insights into its future performance. Note that the recent insider trades reflect past positions and may not represent current holdings.