Core Insights - Insider buying at WD-40 Company (NASDAQ: WDFC) indicates value as the stock trades near long-term lows and at the low end of its historical price-to-earnings (P/E) range, with a current-year earnings P/E of 32x reflecting a solid outlook for growth [2][4] Financial Performance - The company's capital return strategy is crucial for its stock price outlook, featuring a healthy and attractive dividend that increases annually, alongside reinstated share buybacks in 2023 after a suspension in 2020 due to the COVID-19 pandemic [3][4] - Management's confidence has grown due to margin and cash flow improvements, allowing for an acceleration of buybacks [3] Market Position - The stock is expected to experience a strengthening tailwind, trading below 20x earnings by 2030 and in the low teens by 2035, with a target growth pace of 5% to 9% [4] - Insider purchases from six insiders, including directors and executives, indicate broad-based support, despite the small amount representing less than 0.02% of the company's value [6] Institutional Interest - Institutional activity in 2025 reached multi-year highs, with a shift from sellers outpacing buyers in the first half to buyers outpacing sellers in the second half, reflecting robust market support [7]