Dick's Sporting Goods Director Purchases 17,000 Shares for $2.2 Million
Mark J. Barrenechea, a director at Dick’s Sporting Goods (NYSE: DKS), purchased 17,000 shares of the company on August 27, 2026, according to an SEC Form 4 filing. The transaction totaled $2.2 million and was executed at a weighted average price of $130.72 per share. This purchase significantly increased Barrenechea’s stake in the firm from 10,790 shares to 27,790 shares. The acquisition occurred after Dick's Sporting Goods stock had declined by 42% over the previous year and was valued at $131.77 per share on the day of purchase. The majority of these new shares were held indirectly through a trust, which now owns approximately 93% of Barrenechea’s total beneficial ownership in Dick's Sporting Goods. The company reported trailing twelve-month (TTM) revenues of $21.1 billion and net income of $838.8 million as of the transaction date.
Tickers: $DKS
Topics: insider buying SEC filing stock purchase