2025-05-16
medium
Levy Richard S
Buy
20,000 shares
$63,800
@ $3.19
Significance
4/10
Director Levy buys 20,000 TARA shares at $3.19; stock down -52.2% from 52-week high.
Director Richard S Levy purchased 20,000 shares at $3.19, increasing his holdings by 64.5% from 31,000 to 51,000 shares in a company that is unprofitable with -$11.9M net income and only $2.9M quarterly revenue. The stock has declined -52.2% from its 52-week high of $6.67 and is down -20.2% over the past 30 days. Across all of Levy's open-market transactions, his prior 11 sells achieved a 90d well-timed rate of 9.09%, indicating generally poor timing on exits. This buy occurs against a backdrop of material weakness in both the stock price and company fundamentals, with the director substantially expanding his position despite recent downward momentum.