NXGL NEXGEL, INC. Insider Trading

Director Steven Mark Glassman buys 9,090 NXGL shares at $2.75; cluster of 5 other insiders bought within 14 days amid unprofitable fundamentals.

Director Steven Mark Glassman purchased 9,090 shares of NEXGEL, INC. at $2.75 on 2024-11-20, increasing his holdings to 154,155 shares (+6.3%). This transaction occurs within a cluster pattern: 5 other insiders also bought NXGL within the past 14 days, suggesting coordinated or reinforced confidence. However, the company context is challenging—the latest quarter showed Net income $-693,000.00 (negative) and the company remained unprofitable over its most recent full fiscal year, despite strong revenue growth of +99.7% year-over-year. Stock price momentum is favorable: the current price of $3.32 is +10.3% over 30 days and +27.7% over 90 days. Glassman's prior NXGL trades show mixed timing outcomes (2 of 4 prior buys well-timed at the 90-day mark), suggesting modest consistency but not a strong track record at this specific ticker.

Director Stein John Nachum bought 3,636 shares of NXGL at $2.75 on 2024-11-20; stock +10.3% in 30 days. Cluster pattern: 5 other insiders bought within 14 days.

Director John Nachum purchased 3,636 shares at $2.75, expanding his position to 471.5K shares (+0.8% from prior holdings). The purchase occurred amid positive near-term momentum: NXGL has gained 10.3% over 30 days and 27.7% over 90 days, well above its 52-week low of $1.76. His same-ticker history shows he has timed 3 of 4 prior buys well, with his August 2024 purchase delivering +9.6% in 30 days and +30.8% in 90 days. Most significantly, this buy is part of a broader cluster: 5 other insiders purchased within the past 14 days, suggesting coordinated conviction or response to a shared view. The company remains unprofitable (net income of $-693.0K in the latest quarter) but shows strong top-line momentum with annual revenue growth of +99.7%, creating a risk-reward dynamic where insiders are accumulating despite fundamental challenges.

Director Jerome Zeldis buys 3,636 shares of NXGL at $2.75 (Nov 20); 5 other insiders bought in past 14 days, cluster pattern amid unprofitable fundamentals.

Director Jerome Zeldis purchased 3,636 shares at $2.75 on 2024-11-20, increasing his holdings by +3.5% to 106,664 shares total. The purchase coincides with a cluster pattern: 5 other insiders also bought within the past 14 days, suggesting coordinated conviction or response to a company event. However, this must be weighed against deteriorating fundamentals—the company reported a net loss of $-693,000.00 against quarterly revenue of $2,940,000.00 and was unprofitable over its most recent full fiscal year, despite strong annual revenue growth of +99.7%. Zeldis's prior two purchases at NXGL generated mixed outcomes: the August 2024 buy showed +9.6% at 30 days and +30.8% at 90 days, but the May 2023 buy showed +13.8% at 30 days followed by -8.5% at 90 days, yielding a 50% success rate. The cluster activity and insider accumulation warrant attention given the unprofitability context.

CFO Adam E Drapczuk III purchases 17,500 NXGL shares at $2.75; cluster buy with 5 other insiders in 14 days

CFO Adam E Drapczuk III purchased 17,500 shares at $2.75 on 2024-11-20, increasing his holdings by 30.5% to 74,894 shares. This transaction is part of a cluster pattern with 5 other insiders also buying within the past 14 days, suggesting coordinated confidence at current valuation. His prior two trades at NXGL showed mixed timing results: the August 2024 buy generated +9.6% in 30 days and +30.8% in 90 days, while the March 2024 buy gained +29.4% in 30 days but declined -2.4% over 90 days, with only 1 of 2 prior buys at this ticker well-timed. The company remains unprofitable with net income of $-693,000.00 over the most recent quarter and negative full-year results, though annual revenue growth reached +99.7%, creating context of early-stage growth offset by cash burn.

CEO buys 3,636 shares at $2.75; 5 other insiders bought in past 14 days; unprofitable co. with 99.7% revenue growth

Adam R. Levy, Chief Executive Officer, purchased 3,636 shares at $2.75 on 2024-11-20, bringing his holdings to 333,196 shares. This buy coincides with a broader cluster pattern: 5 other insiders also purchased within the past 14 days. The company generated Revenue $2,940,000.00 in its latest quarter with Net income $-693,000.00, yet posted Annual revenue growth (FY vs prior FY) of +99.7%, indicating rapid expansion despite current unprofitability. The stock trades at $3.32, 30-day change +10.3%, and 90-day change +27.7%, suggesting recent positive momentum. The synchronized insider accumulation during a growth-phase expansion at a small-cap ($22,545,379.64 market cap) warrants investor attention to understand management's conviction and the company's path to profitability.

Director Henry Scott Robert bought 1,818 shares of NXGL at $2.75; stock up 10.3% in 30 days; 5 insiders buying within 14 days

Director Henry Scott Robert purchased 1,818 shares at $2.75 on 2024-11-20, increasing his holdings by +1.2% to 147,553 shares total. The stock has appreciated 10.3% over the past 30 days and 27.7% over 90 days, significantly outpacing the insider's cross-ticker average 30-day return of +10.1%. His same-ticker history at NXGL shows 3 of 5 prior buys delivered positive 90-day returns, indicating some pattern of successful timing in this stock. The filing reflects a cluster pattern with 5 other insiders also buying within the past 14 days. Context: NXGL remains unprofitable (full-year net income negative) despite strong annual revenue growth of +99.7%, and the current price of $3.32 is down 5.1% from its 52-week high of $3.50.

Director Stein John Nachum buys 10,000 NXGL shares at $2.50; cluster of 4 insider purchases in 14 days amid unprofitable ops

Director Stein John Nachum purchased 10,000 shares (10.0K shares) at $2.50 on 2024-08-23, expanding his holdings from 461,820 to 471,820 shares. This transaction occurs within a broader pattern: 4 other insiders also bought within the past 14 days, signaling coordinated interest despite challenging fundamentals. NEXGEL is unprofitable (latest quarter net income: $-885,000.00; annual net income negative), though it posted strong revenue growth of +99.7% year-over-year. At the transaction price of $2.50, the stock has since declined to $2.85 (current), yet is down 4.7% over 30 days and -10.7% from its 52-week high of $3.19. Nachum's prior three purchases at NXGL showed mixed timing: 2 of 3 delivered positive 90-day returns, though the most recent prior buy on 2023-09-26 captured a +14.8% 90-day gain. The cluster buying pattern warrants attention as a potential forward-looking signal, but the company's path to profitability remains unclear given current operating losses.

Director ZELDIS JEROME B bought 10,000 shares of NXGL at $2.50; stock at $2.71 is -15.0% from 52-week high; cluster of 4 other insiders buying in past 14 days

ZELDIS JEROME B (Director) purchased 10,000 shares at $2.50 on 2024-08-23, increasing holdings by +10.7% to 103,028 shares. The purchase occurs amid a coordinated cluster pattern—4 other insiders also bought within the past 14 days—which may reflect shared assessment of current valuation. The stock has declined -13.7% over 30 days and -15.0% from its 52-week high of $3.19, suggesting the purchase followed a recent pullback. However, fundamentals remain challenged: the company is unprofitable with net income of $-885,000.00 on revenue of $1,440,000.00 (latest quarter) and negative full-year net income, even as annual revenue growth was +99.7%. The director's prior buy at this ticker (2023-05-26) produced -8.5% returns over 90 days, and his cross-ticker track record shows a 0.00% 90-day win rate across 1 prior buy. The concurrent insider activity warrants attention to whether this reflects informed assessment or market momentum, particularly given the company's ongoing unprofitability.

CFO Drapczuk buys 10,000 shares at $2.50; 4 other insiders bought within 14 days despite -13.7% 30-day price decline and unprofitable fundamentals.

Drapczuk Adam E III, Chief Financial Officer, purchased 10,000 shares at $2.50 on 2024-08-23, increasing his holdings by 21.1% to 57,394 shares total. The buy occurred within a 14-day window in which 4 other insiders also purchased shares, constituting a cluster pattern. However, this coordinated buying activity took place against a backdrop of significant price weakness: the stock has declined 13.7% over 30 days and is trading 15.0% below its 52-week high of $3.19. More importantly, the company reported quarterly revenue of $1,440,000.00 with a net loss of $885,000.00 and remained unprofitable over its full fiscal year, despite posting annual revenue growth of +99.7%. The timing and intensity of insider purchases warrant investor scrutiny, as they may reflect insider assessment of value following a sharp price decline, but the unprofitable operational state limits the strength of any positive signal.

Director Henry Scott Robert bought 10,000 shares of NXGL at $2.50; stock down 13.7% in 30 days as 4 other insiders also bought in 14-day cluster.

Director Henry Scott Robert purchased 10,000 shares of NEXGEL, INC. at $2.50 on 2024-08-23, increasing his holdings by 7.4% to 145,735 shares total. The purchase occurs within a cluster pattern: 4 other insiders also bought within the past 14 days, suggesting coordinated confidence. However, the stock has declined 13.7% over the past 30 days and is currently 15.0% below its 52-week high of $3.19, indicating headwinds since the transaction. At NXGL specifically, Robert's prior timing record is mixed—only 2 of his 5 prior buys at this ticker showed positive 90-day returns. Fundamentally, NEXGEL reported $1.4M revenue in its latest quarter but remains unprofitable with net income of $-885.0K, though it shows annual revenue growth of +99.7%, warranting investor attention to whether this growth trajectory can ultimately drive profitability.