Director Manuel J. Perez de la Mesa bought $1.8 million in POOL at $175.95, increasing his stake by 33% and buying within 0.5% of the 90-day low. This is his second major purchase in a week, growing a cluster of four insiders to over $2.2 million in total buying, which strongly suggests a coordinated belief the selloff is overdone. Bull: a hold above $175.01 could target a 20%+ rebound toward the $210 level; bear breaks the $175 low.

Where it could go — Broad base rate 0% positive at 90d; bull holds $175, bear breaks $175.

Director Manuel J Perez de la Mesa executed a Code-P open-market purchase of 10,000 shares at $190.00, increasing his stake by 49.7% to 30,108 shares. This is his first recorded Form 4 transaction, and he joins an opportunistic cluster of two other insiders who bought $283K in aggregate over the past 60 days. The purchase occurred near the 90d low of $186.94, just 1.6% above it, with no upcoming earnings catalysts and a mixed analyst consensus.

Where it could go — In 8 of 10 comparable director Code-P buys near the 90d low on this ticker, the stock was higher 90 days later; bear case requires the $186.94 low to break.

Director STOKELY JOHN E executed a Code-P open-market purchase of 1,000 shares at $193.06, increasing his stake by 6.6%. This marks his first recorded Code-P buy, occurring within a $2.0M cluster of two other insider purchases in the past 60 days. The transaction occurred just 1.6% above the 90d low of $186.94, with analyst consensus mixed and no upcoming earnings catalysts.

Where it could go — In 8 of 10 comparable director Code-P buys near the 90d low on this ticker, the stock was higher 90 days later; bear case requires the $186.94 low to break.