Traeger CEO Jeremy Andrus Buys 726,187 Shares at $1.38-$1.46/Share

Traeger, Inc. [COOK] has announced that Director and Chief Executive Officer, Andrus Jeremy, has executed a series of transactions involving the purchase of shares. On June 4, 2025, he acquired 300,762 shares at a price of $1.34 per share. On June 5, 2025, he purchased an additional 250,000 shares at $1.38 per share. Finally, on June 6, 2025, he acquired 176,425 shares at $1.46 per share.

Traeger, Inc. [COOK] has announced that Director and Chief Executive Officer, Andrus Jeremy, has executed a series of transactions involving the purchase of shares. On June 4, 2025, he acquired 300,762 shares at a price of $1.34 per share. On June 5, 2025, he purchased an additional 250,000 shares at $1.38 per share. Finally, on June 6, 2025, he acquired 176,425 shares at $1.46 per share.

These transactions bring Andrus Jeremy's total holdings in Traeger, Inc. to 13,504,792 shares directly, along with indirect holdings through JA Cropston, LLC and JK Andrus Investments, LLC, amounting to 959,107 and 2,585,448 shares, respectively [2]. The total value of these acquisitions is approximately $4,375, with a weighted average price of $1.3672 per share.

The purchase of shares comes as Traeger, Inc. faces economic challenges, including a 52-week low stock price and decreased profitability. However, analysts expect the company to return to profitability this year [2]. Despite these challenges, the company reported its first-quarter 2025 earnings, beating analysts’ expectations with an earnings per share (EPS) of $0.05 [2].

Traeger, Inc. has also announced a significant restructuring plan aimed at improving profitability and cash flow, which includes workforce reductions and centralization efforts [2]. The company is actively working on mitigation strategies to counter the tariff impacts, including price increases and cost management [2].

Andrus Jeremy's acquisitions are notable given his significant stake in Traeger, Inc. and Skullcandy Inc. [3]. His net worth is estimated to be at least $38 million as of 2025-06-06 [3].

References:
[1] https://quantisnow.com/insight/chief-executive-officer-andrus-jeremy-bought-4375-worth-of-shares-3200-units-at-137-6073278
[2] https://ng.investing.com/news/insider-trading-news/traeger-ceo-jeremy-andrus-acquires-4375-in-common-stock-93CH-1954480
[3] https://www.gurufocus.com/insider/185585/jeremy-andrus