MODD Modular Medical, Inc. Insider Trading

CEO's Manchester Management Co LLC purchases 677,082 shares for $1,299,997.44 in 2 transactions at $1.92

Manchester Management Co LLC (CEO) executed 2 separate purchases totaling 677,082 shares for $1,299,997.44 at $1.92 per share on 2025-03-20, bringing holdings to 422,000 shares post-transaction. The insider's prior trades at MODD show a consistent pattern: 4 of 4 measurable prior buys delivered positive 90-day returns (ranging from +1273.2% to +4678.4%), establishing a 100% same-ticker win rate on timing. However, current fundamentals present a critical headwind: the company reported $0.00 in latest-quarter revenue and a $-4,804,000.00 net loss over its most recent full fiscal year. This creates a sharp divergence between the insider's demonstrated ability to time entries at this ticker and the company's deteriorating operational performance. The stock trades at $33.00, down 53.6% from its 52-week high of $71.10, providing a lower entry point than the recent trading range, but the revenue collapse and ongoing losses warrant scrutiny into whether the timing pattern can persist in a deteriorating operational environment.

10% Owner Manchester Management Co LLC bought 21,000 MODD shares at $1.68 on 2024-12-03; stock down 29.1% from 52-week high.

Manchester Management Co LLC, a 10% owner, acquired 21,000 shares at $1.68 on 2024-12-03, increasing holdings by 8.6% to 265,750 shares. This buy occurs amid significant recent price weakness: the stock has fallen 24.7% over 30 days and 24.0% over 90 days, trading at $50.40—29.1% below its 52-week high of $71.10. The timing aligns with an exceptional historical pattern: across his same-ticker history at MODD, prior buys on 2023-10-16 and 2024-02-16 produced 30-day returns of +3141.2% and +4890.9% respectively, with a 100% win rate at the 90-day mark. However, the company remains fundamentally challenged, posting zero revenue in the latest quarter and a $5.0M net loss for the full year. The purchase follows two additional buys just six days and twelve days prior (2024-11-27 and 2024-11-21), establishing a pattern of accumulation during a period of acute weakness.

10% Owner Manchester Management bought 100.0K shares of MODD at $1.69 on 2024-11-27, expanding stake to 244.8K shares (+69.1%)

Manchester Management, a 10% owner, purchased 100,000 shares at $1.69 on 2024-11-27 for $169.0K, increasing its holding by 69.1% to 244.8K shares post-transaction. This builds on a buy 6 days prior on 2024-11-21, demonstrating rapid consecutive accumulation in a highly compressed timeframe. The stock has declined 23.1% over the past 30 days and is currently trading at -28.3% from its 52-week high, yet the insider continues to buy into weakness. Notably, Manchester's prior MODD trades show strong realized outcomes: 2 of 2 prior buys with measurable 90-day windows delivered +4678.4% and +4432.6% returns, establishing a pattern at this specific ticker, although the company reported $-5.0M net income and $0.00 revenue in its latest quarter.

Manchester Management (CEO) purchases 166,666 shares of MODD at $1.50, now worth -32.5% from 52-week high; insider's prior MODD buys returned +4890.9% (30d) and +4678.4% (90d).

Manchester Management's $250.0K purchase of 166,666 shares at $1.50 represents a 5.3% increase in holdings to 3.28M shares, occurring as MODD trades 32.5% below its 52-week high and down 27.9% over 30 days. The CEO's prior buy at MODD on 2024-02-16 returned +4890.9% within 30 days, and two 2023 purchases returned +4678.4% and +4432.6% at the 90-day mark. However, these outsized returns occurred during a prior trading environment; the company's current fundamentals show $0.00 revenue in the latest quarter and a net loss of $-4,956,000.00, reflecting ongoing unprofitability. The timing and conviction of this repurchase merit close examination against both the historical execution pattern at this ticker and the deteriorating operating performance.

MODD director Sheibley Philip Brent bought 15,000 shares at $1.69 on 2024-08-19; holdings now 66,139 shares. Prior 2 buys at MODD returned +3062.8% and +2483.1% in 30 days.

Sheibley Philip Brent, a director, purchased 15,000 shares at $1.69, increasing his stake by +29.3% to 66,139 shares. His prior 2 open-market buys at MODD both generated exceptionally strong 30-day returns of +3062.8% and +2483.1%, with 90-day returns exceeding +4000% each time. However, the company's fundamentals remain challenged: revenue was $0.00 in the latest quarter and net income stands at $-4,137,000.00, indicating ongoing unprofitability. The current price of $50.10 is -23.0% from the 52-week high, providing context for this purchase relative to recent volatility. The pattern of consistent accumulation by this insider paired with historically outsized post-purchase gains warrants tracking, though the lack of current profitability and zero revenue underscore execution risk.