Early Access — free while we kick the tires
EdgarHawk

Abada Yoram

Director

Director
2 filings analyzed · 1 company · Latest 2024-11-18

Companies

Company Buys Sells Direction
PALTALK, INC. IPM 2 0 Net buying

Activity

November 2024
2024-11-18 PALTALK, INC. IPM
low
Buy
3,000 shares
$5,670
Significance 3/10

PALT Director Abada Yoram bought 3,000 shares at $1.89; stock down -65.2% from 52-week high, company unprofitable.

Abada Yoram, a director, purchased 3,000 shares of PALTALK at $1.89 on 2024-11-15, increasing holdings to 14,500 shares. The transaction occurred when the stock trades at $1.90, down -65.2% from its 52-week high of $5.46 and -18.8% over the prior 30 days. PALTALK reported $2.1M in latest quarterly revenue, a -0.1% annual revenue decline, and a negative full-year net income of $-1.5M, with a current market capitalization of $17.6M. The purchase adds 26.1% to his prior holdings. While his cross-ticker track record shows 1 prior buy with an average 30-day return of +5.3%, his PALT-specific trading history is limited to 1 prior buy on 2024-09-06, and the timing pattern shows no prior buys well-timed at the 90-day mark. The modest transaction size, deteriorating stock price trajectory, and company's loss-making fundamentals underscore that this represents a discretionary open-market acquisition in a financially distressed, micro-cap equity.

September 2024
2024-09-09 PALTALK, INC. IPM
medium
Buy
2,500 shares
$7,575
Significance 4/10

Director Abada Yoram bought 2,500 shares of PALT at $3.03 on 2024-09-06; stock at $2.87 current price, down 28.6% in 30 days.

Director Abada Yoram purchased 2,500 shares at $3.03 on 2024-09-06, increasing his holdings from 9,000 to 11,500 shares. The purchase occurred as PALT stock has declined 28.6% over the prior 30 days and 47.4% from its 52-week high of $5.46. The company reported a net loss of $-934,151.00 in its latest quarter against revenue of $2,224,625.00, with flat annual revenue growth of -0.1% and unprofitability across the most recent full fiscal year. The transaction represents a material commitment by the director at a depressed price level relative to recent trading range, though the company's operational trajectory—negative earnings with stagnant revenue growth—provides limited visibility into near-term inflection.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access