Casey's General Stores Insider Buy: HR Chief Buys 7,736 Shares
Frazell Chad Michael, Chief HR Officer at Casey's, purchases 7,736 shares of CASY.
Key Points
- Frazell Chad Michael, Casey's Chief HR Officer, bought 7,736 shares on June 15, 2026.
- Casey's General Stores trades at approximately $850.50 with a market cap of $32.07 billion.
- The company operates convenience stores and offers a range of products including fuel and food.
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On June 15, 2026, Frazell Chad Michael, the Chief HR Officer at Casey's General Stores, Inc., made a notable move by purchasing 7,736 shares of the company. This insider buy comes as Casey's shares trade near $850.50 on the NasdaqGS.
Casey's General Stores, Inc. Stock Up 12.6%
Shares of NasdaqGS:CASY are currently trading around $850.50. Casey's General Stores, Inc. boasts a market cap of approximately $32.07 billion. The company has a P/E ratio of 45.23 and a forward P/E of 37.03, indicating investor expectations of future earnings growth. With a beta of 0.624, the stock is considered less volatile compared to the broader market. Over the past year, the stock has seen a low of $490.00 and a high of $927.85. The 50-day moving average is $808.56, while the 200-day moving average stands at $647.22. Casey's maintains a current ratio of 1.01 and a quick ratio of 0.575, with a debt-to-equity ratio of 73.16.
$CASY stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Casey's General Stores reported revenue of approximately $17.56 billion, reflecting a revenue growth of 14.5%. The company's net margin is 4.07%, with a return on equity of 19.15%. Earnings per share stand at $19.13. Investors can look forward to the next earnings report on September 9, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
8 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 30.0%. Revenue beat estimates by 4.2%.
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Profit surprise
EBITDA missed by 24 percent. Operating income missed by 37 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
8 target raises.
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Earnings quality
Gross margin up 2.8 points. Operating margin down 1.3 points. Positive free cash flow.
Earnings Call Summary
Casey's delivered a strong second quarter with revenue of $4.57 billion, up 14 percent year over year, driven by inside sales growth and fuel gallons. The company gained market share in fuel despite a regional decline of 2 percent, benefiting from strong prepared food sales, particularly whole pies and breakfast items. Inside margins improved 20 basis points to 42.4 percent, with prepared food margins of 58.6 percent. Management credited consistent execution, a strong guest value proposition, and improved cost management including lower cheese costs. Traffic increased 1.5 percent, and the company is on track with Cefco integration, planning store conversions to start in the new calendar year.
Guidance Casey's raised its full-year EBITDA growth outlook to 15 to 17 percent, up from prior expectations. Inside same-store sales are now guided to grow 3 to 4 percent, with inside margins expected to be 41 to 42 percent. The company also expects the tax rate to be 24 to 25 percent.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
Casey's offers an annual dividend rate of $2.36, which translates to a yield of 0.27%. The dividend payout ratio is a conservative 11.9%, indicating a sustainable dividend policy.
About Casey's General Stores
Casey's General Stores, Inc., headquartered in Ankeny, Iowa, operates convenience stores under the Casey's and Casey's General Store names across the United States. The stores offer a variety of products, including pizza, donuts, and sandwiches, as well as tobacco, beverages, and motor fuel. Founded in 1959, the company also provides car wash services and operates distribution centers.
Bottom Line
Insider transactions like Frazell Chad Michael's purchase can be a sign of confidence in the company's prospects. Casey's General Stores, known for its extensive network of convenience stores and diverse product offerings, continues to be a significant player in the specialty retail industry. As always, it's important for investors to consider that insider buys are just one piece of the puzzle when evaluating a stock.
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