Director Staffan Encrantz buys 14,100 shares of SGHT at $4.88, now trading -48.2% from 52-week high; prior same-ticker buys largely underperformed.
Encrantz purchased 14,100 shares at $4.88 on 2026-06-10, increasing his holdings to 1.43M shares. The stock currently trades at $4.79, down 48.2% from its 52-week high of $9.24, and has declined 2.8% over the past 30 days despite a 90-day gain of 30.5%. Notably, Encrantz's prior trades at SGHT have shown weak timing: of 5 prior buys at this ticker, only 1 was well-timed at the 90-day mark, with the most recent purchase (2025-12-16) experiencing a -55.0% 90-day decline. This purchase arrives as the company remains unprofitable (net income of $-13.0M in the latest quarter) with contracting annual revenue growth of -3.1%, creating a backdrop where the insider's accumulation pattern at this ticker has not reliably preceded price appreciation.