Davidson Phillip S

Davidson Phillip S has demonstrated a consistent buying pattern across two companies—Norfolk Southern Corp (NSC) and Par Pacific Holdings (PARR)—with no recorded sales in 27 reported transactions totaling $109,778.17 in buy value. The activity spans from January 2024 through February 2026, with NSC purchases occurring quarterly, typically in February, August, and November, ranging from $1,504.56 to $3,373.86 per transaction. PARR transactions, primarily in January, April, July, and October, show larger buys, including a notable $33,645.48 acquisition in April 2024 and a $21,089.16 purchase in January 2026. Many filings for both tickers list $0 values, likely representing non-monetary acquisitions like option exercises or grants. The data reveals a clear accumulation strategy, with Davidson favoring PARR for larger, less frequent investments and NSC for smaller, more regular buys. The absence of sell-side activity suggests a long-term holding approach. While the $0-value filings complicate a full assessment of equity stakes, the pattern indicates sustained confidence in both companies, particularly PARR, where transactions occasionally exceed $30,000. The most recent activity—a $3,373.86 NSC buy in February 2026—aligns with the historical cadence, reinforcing the consistency of this insider’s investment behavior.