The CEO Buys the Cutting-Tool Slump, But It's Bitten Before

ISB Research · Interesting · sent to Ultimate members September 11, 2026

Sanjay Chowbey put $203,700 into Kennametal, the company that makes the tungsten carbide cutting tools and inserts that machine everything from aircraft parts to truck engines. He's the CEO, he's bought this name before, and a second insider stepped in over the past month, so there's a cluster forming here. The problem is the setup fights him hard. Industrials are getting sold across the board, every timeframe reads sell, and the last handful of insider buys on this ticker have mostly been underwater at 30 days. If you want in, wait for a hold above the $28.74 support before you trust it.

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