MKTW MARKETWISE, INC. Insider Trading

Director Frank Porter Stansberry bought 10,000 shares of MKTW at $17.88 (now $17.22, -20.8% from 52-week high); prior 5 MKTW trades show mixed timing with 3 of 5 well-timed at 90d.

Frank Porter Stansberry, a director, purchased 10,000 shares at $17.88 on May 22, 2026, bringing his holdings to 365,490 shares. His same-ticker history at MKTW shows 5 prior transactions completed in the prior 8 days (May 14-18), with 3 of those 5 buys generating positive 90-day returns. However, the current price of $17.22 stands 20.8% below the 52-week high, and the company's fundamentals show annual revenue decline of -19.7% against a net loss of $-573,000 in the latest quarter. The concentrated buying activity within an 8-day window, combined with mixed historical outcomes at this ticker and weakening financial performance, warrants tracking of whether this accumulation precedes a material inflection or continues a pattern of incremental exposure.

Director Frank Porter Stansberry buys 20,100 shares of MKTW at $17.21; recent 4-trade streak shows mixed results amid -19.7% revenue decline.

Frank Porter Stansberry purchased 20,100 shares of MARKETWISE, INC. at $17.21 on 2026-05-20, increasing his holdings by 6.0% to 355,490 shares. This transaction follows a high-velocity buying pattern: he executed 5 trades at MKTW between 2026-05-14 and 2026-05-20, with the two most recent buys (2026-05-18) showing strong 30-day and 90-day returns of 7.4% and 7.2%. However, two earlier purchases at this same ticker (2026-05-14) posted negative returns of -3.1% and -1.7% over the same period, indicating inconsistent timing within the same ticker. The company's fundamentals present structural headwinds: annual revenue has contracted 19.7% year-over-year, the latest quarter posted negative net income of -$573.0K, and the P/E ratio stands at 44.98 while market cap is $186.2M. The stock is currently -17.2% from its 52-week high of $21.74, though it has recovered 3.1% over 30 days and 23.0% over 90 days. The timing signal is ambiguous: Stansberry's cross-ticker track record shows modest 90-day average returns of 3.4% with a 53.85% win rate, while his same-ticker history reveals 3 of 5 prior buys were well-timed at 90 days—but the velocity and proximity of these trades suggest tactical accumulation in response to recent price action rather than a fundamental reassessment of declining revenue trends.

Director Stansberry Frank Porter bought 3,634 shares at avg $16.50 across 3 purchases on MKTW; stock at $16.37, down 24.7% from 52-week high

Frank Porter made 3 separate purchases totaling 3,634 shares for $59,959.31 at a blended average price of $16.50, increasing his holdings from 331,756 shares to 335,390 shares. The current price of $16.37 sits near the transaction prices, while the stock trades at a significant discount of 24.7% from its 52-week high of $21.74. At MKTW, Porter's prior 5 trades show mixed outcomes: 2 of 5 prior buys achieved positive 90-day returns (timing pattern of 2 of 5 well-timed). The company faces operational headwinds—annual revenue declined 19.7%, latest quarterly net income was negative at $-573,000.00, and the P/E ratio stands at 40.92 despite declining revenues. This accumulation occurs within the context of deteriorating fundamentals and follows recent buying activity at this ticker (purchases on 2026-05-11, 2026-05-08, and 2026-03-20), suggesting continued positioning despite margin compression.

Stansberry Frank Porter (Director) purchased 30,000 shares at average $18.25, bringing holdings to 331.8K shares; stock at $17.27, -20.6% from 52-week high.

Stansberry Frank Porter executed three open-market purchases of 30,000 shares total over May 12–14, 2026 at a blended average price of $18.25, increasing his stake to 331.8K shares. The current price of $17.27 sits 20.6% below the 52-week high, though the stock has recovered 6.2% over the past 30 days and 20.7% over 90 days. His prior trades at MKTW show mixed outcomes: 2 of 5 prior buys achieved positive 90-day returns (well-timed), while 3 underperformed. His cross-ticker track record across all holdings shows a 57.14% 90-day win rate with an average 90-day return of 7.9%, suggesting modest predictive value. The fundamentals show annual revenue declined 19.7% year-over-year against a P/E of 43.18, warranting scrutiny of whether this purchase reflects conviction in a turnaround or a routine director accumulation.

Director Frank Porter Stansberry buys 51,375 shares across four transactions totaling ~$975K, repeating a strategy that yielded gains in prior purchases.

Director Frank Porter Stansberry, who holds at least 10% of Marketwise, acquired over 51,000 shares across four open-market purchases in early May, adding roughly $975,000 in exposure. The timing is notable: he is buying into stock trading well below its 52-week high despite an upward move over the recent quarter, and he is doing so as a repeat buyer at this company. His three prior open-market purchases at Marketwise were all well-timed, with the stock rising meaningfully in both the near and longer term following each purchase. This filing represents his fourth through seventh open-market buy transactions in the past three years, a shift from his prior pattern of 15 open-market sales across the same window. While Marketwise is profitable and generates substantial revenue, recent quarterly results show declining revenue year-over-year and a net loss in the latest quarter, suggesting the company is navigating headwinds. Stansberry's aggressive accumulation in the face of these operational challenges—and based on a track record of successful prior buys at this same stock—warrants attention from investors who follow insider activity at the company.

Director Stansberry Frank Porter acquired 40,373 shares at blended avg $14.67 across 3 transactions, increasing holdings by 19.2% to 250,381 shares.

Stansberry Frank Porter executed three separate open-market purchases totaling 40,373 shares for $592,286.04 over two consecutive days (2026-03-19 to 2026-03-20) at a blended average price of $14.67. His holdings grew from 210,008 shares to 250,381 shares, a 19.2% increase. The current stock price of $14.53 is -31.2% from its 52-week high of $21.13, placing the transaction near recent lows. The underlying company faces headwinds: annual revenue declined 19.7% year-over-year, and despite $81.3M in latest-quarter revenue, net income was only $1.5M with a P/E of 34.60. His prior cross-ticker sell activity (1 trade) generated +3220.0% 90-day return, but that single prior trade at MKTW (2023-08-31 sell) was poorly timed (90d return +3220.0%, indicating the stock rose after his sale). This multi-transaction buy occurs against a backdrop of revenue contraction and elevated valuation multiple, differing significantly from his prior well-documented exit timing at this same ticker.

CFO Erik Mickels buys 940 MKTW shares at $17.94; prior same-ticker buys generated 90d returns of +1309.8% and +4752.9%

Erik Mickels, Chief Financial Officer of Marketwise Inc., purchased 940 shares at $17.94 on 2025-06-17, bringing his holdings to 69,998 shares post-transaction. This represents a continuation of a pattern: his prior two open-market purchases of MKTW (on 2024-03-21 and 2023-08-28) each delivered substantial 90-day gains of +1309.8% and +4752.9%, respectively, with both trades well-timed at the 90-day mark. His cross-ticker track record is similarly strong: 2 prior buys across all tickers averaged +3031.3% 90-day returns with a 100.00% win rate. Against the current price of $17.49 (down -31.7% from the 52-week high of $25.60), the timing and historical pattern suggest an insider with a demonstrated ability to identify favorable entry points, though near-term stock momentum remains uneven at +2.3% over 30 days despite stronger +61.8% recovery over 90 days. Fundamentals show the company is generating revenue of $83,507,000.00 but with modest net income of $890,000.00 and negative annual revenue growth of -8.8%, warranting scrutiny of whether prior outsized gains persist or reflect a sector/market dynamic rather than operational improvement.

Director Glenn H Tongue purchased 15,764 shares at $0.70 blended average, tripling stake to 24,038 shares amid -79.4% decline from 52-week high.

Director Tongue executed 3 separate purchases totaling 15,764 shares for $11,019.50 between 2024-09-17 and 2024-09-18, raising his shareholding by 190.5% from 8,274 to 24,038 shares. The purchases occurred at $0.70 blended average, while the stock currently trades at $14.00 but has fallen -79.4% from its 52-week high of $67.80 and is down -41.7% over 90 days. Tongue's cross-ticker track record shows 9 prior buys with a 100% 90-day win rate and an average 90-day return of 2165.4%, and his prior trades at MKTW specifically (5 buys) were consistently well-timed at the 90-day mark with 90d returns ranging from 1328.6% to 1791.7%. This filing represents a material increase in insider exposure to a company trading substantially below its recent highs.