Director Chris Hadfield buys 2,000 MNTS shares at $7.19; holdings rise 133.3% to 3,500 shares as stock surges 195.7% in 90 days from unprofitable base.
Chris Hadfield purchased 2,000 shares at $7.19 on 2026-05-21, increasing his stake by 133.3% from 1,500 to 3,500 shares. The transaction occurred after significant price momentum: the stock has risen 195.7% over 90 days and 153.4% over 30 days, currently trading at $14.34—still 67.1% below its 52-week high of $43.55. However, Momentus remains fundamentally distressed: net income was $-9,480,000.00 over the most recent full year, revenue contracted 47.5% year-over-year (with latest quarterly revenue at $3,215,000.00), and market cap stands at $143,290,987.32. The timing of this purchase during a sharp recovery rally in a profoundly unprofitable company with shrinking revenues warrants scrutiny into whether the director's perspective on operational trajectory differs materially from public market signals.