EVP Steve Bond buys 43.0K shares of NEOV at $1.99; stock now -70.6% from 52-week high of $7.13
Steve Bond, Executive Vice President of NeoVolta Inc., purchased 43,000 shares at $1.99 on 2026-06-01, bringing his total holdings to 840,000 shares. The timing of this purchase is notable: the stock has declined 22.8% over the past 30 days and 37.5% over the past 90 days, trading at $2.10 currently, which is 70.6% below its 52-week high of $7.13. However, Bond's track record with open-market purchases across all tickers shows an average 90-day return of -5.2% with a 0.00% win rate, and his single prior purchase at NEOV on 2026-05-19 also produced a -5.2% 90-day return, establishing a pattern of poorly-timed entry points. The company itself is unprofitable, reporting a net loss of $3,028,402.00 in the latest quarter against quarterly revenue of $2,023,718.00, though it achieved 218.6% annual revenue growth year-over-year. The fundamental disconnect between rapid growth and persistent losses, combined with the insider's poor historical timing on entry decisions, warrants investor scrutiny of the underlying business trajectory.