Is FMC Stock a Buy After a Member of the Board of Directors Scooped Up 7,000 Shares?

Core Insights - The article discusses a significant open-market purchase by John Mitchell Raines, a member of the Board of Directors at FMC Corporation, which more than doubled his direct stake in the company, indicating a belief in potential stock appreciation [3][5]. Company Performance - FMC Corporation's stock has experienced a sharp decline, with shares closing at $13.64 on November 13, 2025, down 74.1% over the previous year [2][6]. - The company reported a 49% year-over-year revenue drop in Q3, totaling $542 million, primarily due to the sale of its business in India [6][7]. - Excluding the impact of the sale, revenue still decreased by 4% year-over-year due to competitive pricing pressures [7]. - The company faced a significant net loss of $569 million in Q3 2025, compared to a net income of $66 million in Q3 2024 [7]. - Free cash flow (FCF) turned negative, dropping from $132 million in Q3 2024 to negative $233 million in 2025, leading to a cut in dividend payments [7]. Insider Transactions - Following the recent transaction, Mr. Raines now holds 0.0110% of FMC Corporation's outstanding shares, increasing his direct ownership from 6,784 to 13,784 shares, a 103.18% increase [2][3]. - The acquisition was valued at over $96,000, reflecting a significant commitment to the company [4].