Chief Medical Officer David J Croyle bought 10,195 shares of CJMB at $1.75 on 2026-03-20; prior CJMB buys showed +10.9% and +22.9% 90-day gains.
David J Croyle, Chief Medical Officer, purchased 10,195 shares at $1.75, expanding his holdings to 800,000 shares. This marks his third open-market buy at CJMB in roughly one year; his prior two purchases at this ticker generated 90-day returns of +10.9% and +22.9%, both positive outcomes. His cross-ticker track record shows a 100% 90-day win rate across 3 prior buys with an average 90-day return of +16.9%. However, the broader context raises caution: the company reported quarterly net income of $-2.7M against revenue of $1.4M, with annual revenue contracting 50.3% year-over-year and a market cap of only $8.4M. The stock currently trades at $1.81, down 68.4% from its 52-week high of $5.72. While the insider's prior timing at this ticker has been favorable, the fundamental deterioration and severe valuation decline warrant scrutiny of whether this purchase reflects a different risk calculus than his previous successful accumulations.