Insider Buying Fuels Optimism for Coeur Mining
On February 20 2026, Chairman and CEO Mitchell Krebs executed a sizeable block of 51,945 shares, followed by an additional 39,273 shares—both purchased at the market price of roughly $24.78 per share. The transactions were reported as “buy” trades with no cash outlay disclosed, indicating that the shares were likely acquired via a share‑exchange or internal allocation, a common practice for insiders to signal confidence without immediate dilution. These purchases come shortly after a modest 0.01% price rise and a buzz spike of 236 % on social media, suggesting that the market is already primed to react positively to the CEO’s action.
Krebs’ recent buying, coupled with a broader wave of insider activity across the executive team, paints a picture of a leadership cohort that is both invested in the company’s upside and willing to commit capital when the fundamentals look strong. Among the six executives who filed in the last two weeks, four—McGrath, Nault, Routledge, and Whelan—have all made net purchases, while the CFO and HR EVP each sold a modest portion of their holdings. The net effect is a net buying balance that exceeds 300,000 shares, which, relative to the 15.8 billion‑dollar market cap, represents a material stake in the business.
What This Means for Investors
The CEO’s purchases arrive at a critical juncture. Coeur Mining’s 2025 results—doubling revenue, a 371 % YTD share price increase, and a near‑complete acquisition of New Gold—have positioned the company for accelerated growth. The CFO’s cash‑flow gains and the debt reduction already in place mean that the firm has the financial flexibility to fund expansion and potentially return value to shareholders via dividends or share buybacks. For investors, the insider buying is a strong endorsement of management’s strategy, especially given the timing: the stock has just rebounded from a 13.6 % weekly decline but remains below its 52‑week high, leaving upside room for further upside if the company delivers on its production and integration targets.
That said, the negative social‑media sentiment score (-4) and the modest price movement suggest that the market remains cautious. Investors should monitor whether the CEO’s buying continues as a pattern and whether it correlates with positive earnings guidance. If the insider activity persists and the company maintains its upward trajectory, the stock could become a candidate for a mid‑term buy, particularly if the acquisition of New Gold unlocks additional production and margin expansion.
Krebs Mitchel J: A Profile of Commitment
Mitchell Krebs has a long history of significant insider transactions, with the most recent sell in September 2025 involving 125,000 shares at $14.65 per share, and a sell on February 17, 2026 of 27,778 shares at $21.81. The pattern shows a gradual accumulation of shares over time, especially during periods of strong market performance. His current purchases suggest a shift from a purely defensive stance to a more bullish outlook—buying as the stock climbs toward its 52‑week high of $27.77. This behavior aligns with the leadership’s focus on growth: as Coeur Mining scales production and integrates New Gold, the CEO’s holdings increase, reinforcing his confidence that the company’s valuation will rise.
Krebs’ transactions also reflect a strategic use of incentive plans. One of his recent sales involved 17,398 shares at $24.63, likely tied to a performance‑based award. By selling vested shares while retaining a sizeable position, he balances liquidity needs with a long‑term commitment. Analysts often view such patterns as a signal that the CEO believes the stock is undervalued relative to its earnings potential, especially given the company’s high P/E of 25.93 and the substantial upside implied by commodity price forecasts.
Bottom Line
For investors who have been monitoring Coeur Mining’s performance, Mitchell Krebs’ recent purchases, coupled with a broader insider buying wave, provide a timely signal that management is optimistic about the firm’s near‑term prospects. The company’s strong 2025 results, debt reduction, and the anticipated completion of the New Gold integration create a compelling case for continued upside. As always, investors should weigh the insider activity against broader market conditions and company guidance, but the current data points to a leadership team that is both confident and actively investing in its own success.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-20 | KREBS MITCHELL J (Chairman, President and CEO) | Buy | 51,945.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | KREBS MITCHELL J (Chairman, President and CEO) | Buy | 39,273.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | KREBS MITCHELL J (Chairman, President and CEO) | Sell | 17,398.00 | 24.63 | Common Stock, par value $0.01 per share |
| 2026-02-20 | McGrath Aoife (EVP, Exploration) | Buy | 12,461.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | McGrath Aoife (EVP, Exploration) | Buy | 8,143.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | McGrath Aoife (EVP, Exploration) | Sell | 4,357.00 | 24.63 | Common Stock, par value $0.01 per share |
| 2026-02-20 | Nault Casey M. (EVP, GC & Secretary) | Buy | 18,692.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Nault Casey M. (EVP, GC & Secretary) | Buy | 13,807.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Nault Casey M. (EVP, GC & Secretary) | Sell | 6,117.00 | 24.63 | Common Stock, par value $0.01 per share |
| 2026-02-20 | Routledge Michael (EVP & Chief Operating Officer) | Buy | 21,644.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Routledge Michael (EVP & Chief Operating Officer) | Buy | 15,648.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Routledge Michael (EVP & Chief Operating Officer) | Sell | 6,158.00 | 24.63 | Common Stock, par value $0.01 per share |
| 2026-02-20 | Schouten Emilie C. (EVP & Chief HR Officer) | Buy | 13,292.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Schouten Emilie C. (EVP & Chief HR Officer) | Buy | 10,882.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Schouten Emilie C. (EVP & Chief HR Officer) | Sell | 4,277.00 | 24.63 | Common Stock, par value $0.01 per share |
| 2026-02-20 | Watkinson Kenneth J (VP, Corporate Controller & CAO) | Buy | 7,358.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Watkinson Kenneth J (VP, Corporate Controller & CAO) | Buy | 2,940.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Watkinson Kenneth J (VP, Corporate Controller & CAO) | Sell | 862.00 | 24.63 | Common Stock, par value $0.01 per share |
| N/A | Watkinson Kenneth J (VP, Corporate Controller & CAO) | Holding | 1,000.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Whelan Thomas S (EVP & CFO) | Buy | 20,857.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Whelan Thomas S (EVP & CFO) | Buy | 14,727.00 | N/A | Common Stock, par value $0.01 per share |
| 2026-02-20 | Whelan Thomas S (EVP & CFO) | Sell | 7,879.00 | 24.63 | Common Stock, par value $0.01 per share |
| N/A | Whelan Thomas S (EVP & CFO) | Holding | 6,000.00 | N/A | Common Stock, par value $0.01 per share |




