Dollar Tree (DLTR, Financial) shares surged 8% on Thursday, boosted by insider buying and a growing preference for discount shopping amid persistent inflation.
Chief Financial Officer Stewart Glendinning acquired 17,000 shares on April 14 and April 15 at prices ranging from $72.50 to $73.00, spending about US$1.24 million. The transactions increased his direct holdings in the retailer to 49,353 shares.
Meanwhile, Chief Accounting Officer Aditya Maheshwari sold 1,238 shares on April 14 at $74.705 apiece, for a total of roughly US$92,500. He now directly owns 4,231 shares.
Rising consumer prices continue to push shoppers toward discount chains. Dollar Tree's low-cost model and consistent foot traffic have helped it gain market share while mid-tier competitors struggle with pricing sensitivity.
Analysts say tariffs are also playing in the company's favor. While many retailers face pressure from import costs, Dollar Tree's bulk purchasing strategy allows it to manage expenses and maintain pricing power.
