FRG - Franchise Group Inc.

Data points of interest:

  • SEC Form 4 data indicates large insider purchase (not 10b5-1) the past week (Friday, May 21st)
  • 100% direct buy, Kahn Brian Randall (CEO), $36M purchase
  • Stock down 4% in the past month vs. S&P down 1%, after very strong trailing 12-month performance (up 125% vs. S&P up 39%)

At a minimum, Randall is a buyer at recent prices.

Company overview:
Franchise Group, Inc. is a holding company, which engages in the provision of tax return preparation and related services and products. It operates through the United States Operations and Canadian Operations segments. It offers personal and business tax preparation services, facilitates refund-based tax settlement financial products, and online tax preparation services. The company was founded by Danny Hewitt and John T. Hewitt on September 1, 1997 and is headquartered in Virginia Beach, VA.