CEO Robert H Fries buys 166,785 shares in 2 tranches for $24,024.90; prior buys at ECIA showed +256.0% and +11.4% 90d returns
Robert H Fries, CEO of Encision Inc, made two separate purchases totaling 166,785 shares (166.8K shares) for $24,024.90 on April 15–16, 2026, at prices of $0.14 and $0.20, increasing his holdings by 12.4% to 1,506,785 shares (1.51M shares). His prior open-market buys at ECIA showed strong 90-day outcomes: +256.0% on 2025-08-19 and +11.4% on 2024-08-29, with both trades well-timed (positive returns following purchase). His cross-ticker track record shows 2 prior buys with an average 90-day return of +74.5% and a 100% win rate. However, current fundamentals are deteriorating: the company reported revenue of $1,528,050.00 (latest quarter), net income of $-267,833.00, annual revenue growth of -0.5%, and remains unprofitable on a full-year basis. The current price of $0.20 is down -50.0% from the 52-week high, though up +53.8% over the past 30 days. The divergence between the CEO's historical buy timing acumen and the company's negative earnings trajectory presents conflicting signals for investors to reconcile.