Director Richard C. Zoretic purchased 42,715 shares across 3 days for $173,306.60 at blended $4.06, raising stake 165.7%
Richard C. Zoretic, a Director at InnovAge Holding Corp., executed 3 separate purchases totaling 42,715 shares for $173,306.60 over May 28–30, 2025, at a blended average price of $4.06—substantially accumulating his position from 25,779 shares to 68,494 shares (+165.7%). This aggressive accumulation occurred across five consecutive trading days (May 16, 20–23, and May 28–30), representing a distinct pattern of discretionary open-market purchases. The company trades 35.7% below its 52-week high but has risen 30.7% over the past 30 days; however, InnovAge remains unprofitable with a net loss of $11.4M on $218.1M in quarterly revenue. His cross-ticker track record shows 5 prior buys, though none at this ticker have yet reached measurable 90-day windows. The sustained accumulation at this reduced valuation, combined with the director's willingness to deploy capital over multiple days and nearly triple his holdings, warrants attention to the underlying rationale and company fundamentals.