Casey’s General Stores (NASDAQ: CASY) insider Mike Spanos is buying shares. Mr. Spanos, COO at Delta Air Lines (NYSE: DAL) and Casey’s board member since 2022, has purchased shares twice since late December. His is the only activity in Q1 2025 and was sufficient in Q4 to offset the small amount of insider selling. The CEO, CMO, and CLO each sold small quantities of shares that align with share-based compensation trends, leaving total ownership at 0.55% at the end of March.
The purchases are significant because they highlight the buying opportunity the stock presents. Mr. Spanos already had skin in the game; he didn’t need to invest more unless there was a reason.
