MSC Industrial Direct Pick of the Week at Smart Insider Following Non-Executive Share Purchases

09:30 AM EST, 11/03/2026 (MT Newswires) -- MSC Industrial Direct (MSM) was Smart Insider's stock pick of the week after Non-Executive Chair Mitchell Jacobson bought $29 million in shares on Oct. 23. Jacobson bought the shares at $115.94 apiece, expanded his stake by 3%, Smart Insider said in a Tuesday note. The purchase was the largest of Jacobson's 10 reported acquisitions, according to the note. Non-executive director Reuben Slone bought $50,000 in shares on Oct. 23, his first since joining the board, Smart Insider said. Smart Insider ranked MSC Industrial Direct +1, indicating a strong positive signal.