Casey's General Stores (CASY) CEO Rebelez Buys 54,486 Shares
Casey's CEO Darren Rebelez bought 54,486 shares of the company on June 15, 2026.
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Darren Rebelez, President and CEO at Casey's General Stores, Inc. ($CASY), bought 54,486 shares on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CASY is down 4.7% after 1 week, down 7.3% after 1 month and down 20.9% to date (from the $871.74 close on Jun 15, 2026).
Key Points
- Darren Rebelez, CEO of Casey's General Stores, bought 54,486 shares on June 15, 2026.
- Casey's stock is trading near $850.50 with a market cap of about $32 billion and a P/E ratio of 45.23.
- Analysts maintain a positive outlook with several firms issuing 'buy' ratings and price targets up to $990.
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Darren Rebelez, the President and CEO of Casey's General Stores, Inc. (NASDAQ:CASY), made a significant purchase of 54,486 shares of the company on June 15, 2026. This move highlights his confidence in the company's future prospects.
Insider Buying and Selling at Casey's General Stores, Inc.
On June 15, 2026, Darren Rebelez, Casey's CEO, acquired 54,486 shares. Additionally, other insiders were active: Lindsey Katrina, Chief Legal Officer, bought 7,096 shares, and Ena Koschel Williams, Chief Operating Officer, purchased 1,741 shares. Meanwhile, several executives, including Stephen Bramlage Jr., Chief Financial Officer, and Ena Koschel Williams, sold shares, with Bramlage selling 7,278 shares at an average price of $872.39.
Other Institutional Activity in Casey's General Stores
BlackRock, Inc. increased its holdings in Casey's by 740,419 shares, bringing its total to about 4.24 million shares worth approximately $3.09 billion. Vanguard Portfolio Management LLC entered with 1.86 million shares valued at roughly $1.35 billion. State Street Corp also boosted its stake by 139,696 shares, ending with 1.38 million shares valued at about $1 billion. In contrast, Franklin Resources Inc. reduced its position by 117,771 shares, holding 950,911 shares worth $692 million.
Casey's General Stores, Inc. Stock Up 42.3%
Shares of Casey's General Stores are trading near $850.50. The company has a market cap of approximately $32 billion and a P/E ratio of 45.23. It has a 52-week low of $490 and a high of $927.85, with a 50-day moving average of $808.56 and a 200-day moving average of $647.22. The company's current ratio is 1.01, and its debt-to-equity ratio stands at 73.16.
Recent Earnings
In its recent financial results, Casey's General Stores reported revenue of $17.56 billion, reflecting a 14.5% growth. The company achieved an EPS of $19.13, with a net margin of 4.07% and a return on equity of 19.15%. The next earnings report is scheduled for 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 General Stores offers a dividend rate of $2.36 per share, yielding 0.27%. The dividend payout ratio is 11.9%.
Analysts Set New Price Targets
On June 12, 2026, Evercore ISI Group maintained a 'buy' rating with a price target of $990. Other firms like JP Morgan and Stephens & Co. also kept their 'hold' and 'buy' ratings, respectively, with targets around $975. The consensus among 16 analysts is a 'buy' recommendation, with a mean target price of $945.
About Casey's General Stores
Casey's General Stores, Inc., based in Ankeny, Iowa, operates a chain of convenience stores in the United States. Founded in 1959, the company offers a wide range of products, including prepared foods like pizza and donuts, beverages, tobacco, and fuel. Casey's also provides services such as car washes and operates distribution centers to support its store network.
Bottom Line
Darren Rebelez's recent stock purchase is a strong indicator of his confidence in Casey's General Stores. With solid earnings growth and positive analyst ratings, the company appears well-positioned in the retail sector. However, it's important to remember that insider transactions like these are backward-looking and may not reflect current strategies.
Source: Darren Rebelez's Form 4 filing on $CASY (Jun 15, 2026). Find the original filing: CASY Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts