Jun. 16 at 11:02 PM
McGraw Hill shares gained in after-hours trading Tuesday after CEO and Chairman Philip D. Moyer reported a sizable insider purchase, a move often interpreted by investors as a sign of management confidence in the company's outlook.
According to an SEC Form 4 filing, Moyer acquired 22,421 common shares on June 15, 2026, at a weighted average price of
$11.12 per share through multiple transactions executed at prices ranging from
$11.12 to
$11.1499. Following the purchase, his direct stake in McGraw Hill increased to 516,768 shares.
Insider purchases by senior executives tend to attract market attention because they may indicate that management views the stock as undervalued or expects favorable business performance ahead. Moyer also stated that he would provide full details of the transactions to the company, shareholders, or the SEC upon request.
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