ZSPC zSpace, Inc. Insider Trading

AQR Capital (10% owner) bought 860,716 shares at $0.07 on 2026-04-15; stock now -99.5% from 52-week high amid -26.9% revenue decline and negative earnings.

AQR Capital purchased 860,716 shares at $0.07, raising its holdings from 3.90M to 4.76M shares (+21.9%), while simultaneously executing 2 separate sales totaling 7,278 shares at $0.07–$0.09. The purchase occurred as the stock trades at $1.34, down -99.5% from its 52-week high of $266.50 and -63.5% over 30 days. Fundamentals show zSpace generated $8.8M quarterly revenue (down 26.9% year-over-year), with net income of -$6.2M and unprofitable full-year results. AQR's cross-ticker trade history shows prior sells averaged +0.9% 90-day returns (poorly-timed outcomes), though the well-timed rate was 0.00%, indicating no successful pattern of selling ahead of declines. The purchase at cents-per-share valuations during severe drawdown, combined with the company's revenue contraction and ongoing losses, warrants close examination of whether this reflects differential information, valuation conviction, or portfolio mechanics.

CFO DeOliveira sells 6,601 shares for $8,912,590.71; stock down 88.4% from 52-week high amid $-5.8M quarterly loss

DeOliveira completed 2 separate sales totaling 6,601 shares for $8,912,590.71, reducing his holdings by 33.7% from 19,604 to 13,003 shares. The first transaction occurred at $2,785.00 per share (3,197 shares), while the second occurred at $2.63 per share (3,404 shares) on the following day—a sharp 99.9% price collapse between trades. This price dislocation is highly unusual and suggests a potential data error or extraordinary market event that warrants investigation. The CFO's substantial sell activity occurs against a backdrop of deteriorating fundamentals: the latest quarter showed $6.8M in revenue but a $-5.8M net loss. The stock is currently trading at $69.50, down 88.4% from its 52-week high of $599.00 and down 24.5% over the prior 30 days, indicating sustained momentum loss. The combination of the CFO's significant portfolio reduction and the company's operating losses raises questions about both insider confidence and operational stability that merit deeper analysis.