Director Michael B Hoffman purchases 76,344 shares at $1.87 avg (ANVS); 0 of 5 prior buys at ticker were well-timed at 90-day mark.
Michael B Hoffman, a Director, executed 3 separate purchases totaling 76,344 shares for $142,778.91 at a blended average price of $1.87 on 2026-05-20. His same-ticker history at ANVS shows a consistent pattern of poor execution timing: across 5 prior buys, 0 of 5 were well-timed at the 90-day mark, with prior 90-day returns ranging from -2.9% to -42.6%. The current price of $2.15 is -60.9% from the 52-week high of $5.50, and the company reported revenue of $0.00 in its latest quarter with net income of -$17,606,382.00. This purchase represents an addition of 76,344 shares (+2.3%) to his existing 3,288,539 share position, but the persistent pattern of unfavorable timing outcomes and the company's unprofitable status warrant scrutiny of the underlying investment thesis.