CFO Wong Jerome bought 1,308 shares ($15.5K) of EKSO at $11.85; stock now down -18.6%, company unprofitable with -28.6% annual revenue decline
Jerome Wong, CFO of EKSO Bionics, purchased 1,308 shares at $11.85 on 2026-03-16, increasing his holdings by 45.5% to 4,184 shares total. The purchase occurred at a price that is now $1.31 above the current market price of $10.54, representing an unrealized loss on the transaction. The timing of the buy is notable given that the company is unprofitable with net income of $-1,421,000.00 in the latest quarter and has experienced -28.6% annual revenue decline, while the stock has dropped -18.6% in the 30 days since the transaction. The CFO's substantial increase in personal share position despite deteriorating fundamentals and negative recent price momentum warrants investor scrutiny of the underlying business trajectory and whether this reflects confidence in a turnaround or other considerations.