CEO Robert Piconi bought 12,500 NRGV shares at $3.21 (31 Mar 2026); 4 of 4 prior buys at this ticker yielded positive 90d returns (+4.2% to +124.7%).
Robert Piconi, Chief Executive Officer, purchased 12,500 shares at $3.21 on 2026-03-31, expanding his holdings to 16.92M shares. The current price of $3.40 reflects the stock trading -44.0% from its 52-week high of $6.07. Piconi's prior trade history at NRGV shows a consistent pattern: all 4 prior buy transactions with measurable 90-day outcomes produced positive returns, ranging from +4.2% to +124.7%, indicating well-timed entry points at the 90-day mark. Against this backdrop, his purchase follows a 30-day gain of +4.6% and 90-day decline of -26.2%, suggesting he is accumulating during a period of downward pressure. His cross-ticker track record of 10 prior open-market buys averaged +38.8% over 30 days and +72.9% over 90 days with an 87.50% win rate, though same-ticker outcomes are the more relevant comparison. The company remains unprofitable (net income $-26.8M in the latest quarter), though revenue grew +340.9% year-over-year, providing context for both the depressed valuation and the insider's timing rationale.