Insider Buying at Carriage Services Signals Confidence in a Rising Funeral Industry
On February 25, 2026, CEO Quezada Carlos R. executed a sizable purchase of 20,417 shares at $46.08, bringing his total holdings to 109,110. This transaction follows a pattern of disciplined buying and selling that has spanned the past year: Quezada has sold large blocks during market dips—most recently 1,627 shares at $44.22 on February 19—while simultaneously acquiring performance‑based awards and common stock to bolster his long‑term stake. The move aligns with a broader insider activity wave, where six other executives also purchased shares and performance awards in the same filing, signaling a collective belief in the company’s trajectory.
Implications for Investors and the Company’s Outlook
The timing of the purchase—just days after the stock closed at $44.52—suggests that Quezada views the current price as an attractive entry point amid the sector’s recent upside (52‑week high of $49.41 and a 7.29 % monthly gain). With a price‑earnings ratio of 14.34, Carriage Services trades at a modest valuation compared to peer funeral‑service firms, and its recent earnings growth has been steady. Quezada’s injection of capital, coupled with the company’s positive Q4 results and 2026 guidance, could reinforce investor confidence and support share price momentum. However, the negative social‑media sentiment score (-100) and the sharp buzz spike (2,249.75 %) indicate heightened volatility and potential short‑term selling pressure from retail traders reacting to the insider activity.
A Profile of Quezada Carlos R. Through the Lens of Insider Transactions
Quezada’s insider history shows a pragmatic approach: he sells aggressively when prices dip (e.g., $40.02 on April 29, 2025, and $44.22 on February 19, 2026) and uses proceeds to acquire performance awards that vest only if the company hits EBITDA targets. This pattern reflects a confidence in Carriage Services’ long‑term profitability while maintaining liquidity. His cumulative holdings have grown steadily, reaching 110,077 shares after the April 23 sale, and now sit at 109,110 after the February 25 purchase—an indicator of a sustained, long‑term investment horizon. Compared to other insiders, Quezada’s trade volume is the largest, underscoring his central role in steering the firm’s capital allocation.
Takeaway for Financial Professionals
For portfolio managers and equity analysts, Quezada’s recent buy is a bullish signal that complements the company’s solid fundamentals—solid earnings, growth in preneed cemetery sales, and a forward‑looking guidance. The insider activity, while generating short‑term chatter and volatility, ultimately reflects a commitment to the business model that could translate into steady share appreciation over the next 12–18 months. Monitoring subsequent filings will be essential to gauge whether this pattern persists and whether other executives follow suit, potentially amplifying a positive trajectory for Carriage Services Inc.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-25 | Quezada Carlos R. (CEO) | Buy | 20,417.00 | 44.08 | Common Stock |
| 2026-02-25 | Quezada Carlos R. (CEO) | Buy | 20,417.00 | 0.00 | Performance Award |
| 2026-02-25 | Franch Rob Paul (Chief Information Officer) | Buy | 6,210.00 | 44.08 | Common Stock |
| 2026-02-25 | Franch Rob Paul (Chief Information Officer) | Buy | 6,210.00 | 0.00 | Performance Award |
| 2026-02-25 | Enwright John (SVP, CFO and Treasurer) | Buy | 8,507.00 | 44.08 | Common Stock |
| 2026-02-25 | Enwright John (SVP, CFO and Treasurer) | Buy | 8,507.00 | 0.00 | Peformance Award |
| 2026-02-25 | Shanley Kathryn (Chief Accounting Officer) | Buy | 6,006.00 | 44.08 | Common Stock |
| 2026-02-25 | Shanley Kathryn (Chief Accounting Officer) | Buy | 6,006.00 | 0.00 | Performance Award |
| 2026-02-25 | Pudenz Shane () | Buy | 6,210.00 | 44.08 | Common Stock |
| 2026-02-25 | Pudenz Shane () | Buy | 6,210.00 | 0.00 | Performance Award |
| 2026-02-25 | Mazzu Sam A. III (VP, GC & Secretary) | Buy | 1,559.00 | 44.08 | Common Stock |
| 2026-02-25 | Mazzu Sam A. III (VP, GC & Secretary) | Buy | 1,559.00 | 0.00 | Performance Award |
| 2026-02-25 | Metzger Steven D (President & COO) | Buy | 13,398.00 | 44.08 | Common Stock |
| 2026-02-25 | Metzger Steven D (President & COO) | Buy | 13,398.00 | 0.00 | Performance Award |




