Director John Gill bought 9,200 shares of ALT at $3.41, raising stake 73.6% to 21,700 shares amid cluster buying and -56.8% 52-week decline.
Director John Gill purchased 9,200 shares at $3.41 on 2026-04-06, increasing his holdings by 73.6% from 12,500 to 21,700 shares, while the stock trades at $3.33—down 56.8% from its 52-week high of $7.71. This buy occurs alongside a cluster of 2 other insider purchases within the past 14 days, suggesting coordinated board-level accumulation. However, Gill's prior buy at this ticker (2025-12-23) failed to anticipate a subsequent 90-day decline, and his broader cross-ticker track record shows a 0.00% win rate over 90-day windows despite one prior purchase. The company reported $-19.0M net income and $5.0K quarterly revenue, revealing an unprofitable profile even as full-year revenue grew 105.0%. The insider's significant stake increase during a depressed price environment and amid peer buying warrants tracking whether this reflects accumulation at suppressed valuations or alignment with other governance concerns.