Bobbili Raja 4
Research Summary
AI-generated summary
Loar (LOAR) 10% Owner Bobbili Raja Buys Stock
What Happened
- Bobbili Raja, reported as a 10% owner/affiliated holder, made open-market purchases of Loar Holdings Inc. (LOAR) stock on March 12, 2026. He acquired 20,000 shares at a weighted average price of $62.76 (reported value $1,255,260) and 30,000 shares at a weighted average price of $64.17 (reported value $1,925,226), for a combined transaction value of about $3.18 million. These were purchases (a net buy signal rather than sales).
Key Details
- Transaction dates and prices:
- 2026-03-12: 20,000 shares at weighted avg $62.76 (prices ranged $62.18–$63.00) — $1,255,260 (F1).
- 2026-03-12: 30,000 shares at weighted avg $64.17 (prices ranged $63.92–$64.64) — $1,925,226 (F3).
- Shares reported as beneficially owned (per footnote): 31,438,420 shares held across affiliated funds (ACP II, Riva IV, ACP I, WCP, Riva V) (F4).
- Ownership/relationship notes: Raja is the managing member of an estate planning vehicle and a member of general partner entities for the listed funds; he disclaims beneficial ownership except to the extent of his pecuniary interest (F2, F5).
- Filing timeliness: Report filed 2026-03-13 covering trades on 2026-03-12 — appears timely.
Context
- These are purchase transactions by an affiliated/10% owner, which retail investors often view as more informative than routine sales. The filing’s footnotes indicate the buys occurred in multiple executions at the price ranges shown; Raja also disclaims broad beneficial ownership beyond his pecuniary interest in the named entities, which is common for fund managers and members.