A company insider recently bought 300,762 shares of Traeger Inc [COOK]. Should You Buy?

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Traeger Inc shares valued at $404,375 were purchased by ANDRUS JEREMY on Jun 04 ’25. At $1.34 per share, ANDRUS JEREMY acquired 300,762 shares. The insider’s holdings grew to 13,805,554 shares worth approximately $24.02 million following the completion of this transaction.

Also, ANDRUS JEREMY purchased 250,000 shares, netting a total of over 344,950 in proceeds. Following the buying of shares at $1.38 each, the insider now holds 14,052,354 shares.

Before that, ANDRUS JEREMY had added 176,425 shares to its account. In a trade valued at $256,857, the Chief Executive Officer bought Traeger Inc shares for $1.46 each. Upon closing the transaction, the insider’s holdings increased to 176,425 shares, worth approximately $24.76 million.

As published in a research note from Telsey Advisory Group on May 02, 2025, Traeger Inc [COOK] has been retained to a Market perform and the price target has been revised to $2. Analysts at Telsey Advisory Group downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in early March. As of May 09, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for COOK. Earlier on March 08, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for COOK stock.

Analyzing COOK Stock Performance

During the last five days, there has been a surge of approximately 29.85%. Over the course of the year, Traeger Inc shares have dropped approximately -27.20%. Shares of the company reached a 52-week high of $2.7000 on 01/27/25 and a 52-week low of $1.2800 on 05/08/25.

Support And Resistance Levels for Traeger Inc (COOK)

According to the 24-hour chart, there is a support level at 1.6867, which, if violated, would cause prices to drop to 1.6333. In the upper region, resistance lies at 1.8467. The next price resistance is at 1.9533. RSI (Relative Strength Index) is 62.48 on the 14-day chart, showing neutral technical sentiment.

On December 12, 2023, B. Riley Securities assigned a price target of “a Buy” to the stock and initiated coverage with a $3.50.

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