Interim Chair Lekstrom purchases 34,000 STEX shares at $1.47; 90-day win rate 0.00% on prior STEX buys, stock down 79.0% from 52-week high.
Morgan Lee Lekstrom, Interim Executive Chairman, purchased 34,000 shares ($49,980.00) on 2026-05-28, increasing holdings to 309,000 shares (309.0K shares). This represents a +12.4% increase in his position. However, this buy follows a concerning pattern: across his 5 prior trades at STEX, zero achieved positive 90-day returns post-purchase, with prior buys declining 23.4% to 40.0% over 30 days and 52.4% to 77.0% over 90 days. The stock is currently 79.0% below its 52-week high of $7.44, and the company reported a net loss of $-46.7M against quarterly revenue of $13.0K, indicating severe profitability challenges. While the stock has risen 74.5% in the past 30 days, this rebound has not altered the insider's historical pattern of negative medium-term outcomes at this ticker.