Director Peter B. Hopper buys 125,000 shares of FLYX across 3 transactions for $305,032.50 ($2.44 avg) with no prior holdings
Director Hopper executed 3 separate purchases totaling 125,000 shares for $305,032.50 between March 6–13, 2026, at prices ranging from $2.35 to $2.54, establishing an initial position from zero prior holdings. The accumulation occurred while the stock trades at $2.37 (current price), near the blended purchase average of $2.44 and down 67.2% from its 52-week high of $7.23. The company's fundamentals show Revenue of $92,132,000.00 (latest quarter) alongside Net income of $-4,268,000.00, reflecting ongoing unprofitability despite annual revenue growth of +14.8%. The timing and magnitude of this entry-level acquisition by a director warrant investor attention given the company's loss-making status and the stock's sharp drawdown from recent highs.