Director Antonellis buys 10,500 shares of XPER at $8.55; insider cluster buy with 2 others in 14 days
Antonellis Darcy, a director, purchased 10,500 shares at $8.55 on 2024-08-22, increasing her holdings by 17.5% to 70,471 shares post-transaction. This buy coincides with a cluster pattern—2 other insiders also purchased within the same 14-day window. The transaction occurred at a stock price 27.3% below the 52-week high of $12.12, though the stock has gained 10.0% over the prior 30 days. Notably, the company reported negative net income of $-30,299,000.00 in its latest quarter and remains unprofitable on a full-year basis, despite 3.8% annual revenue growth, creating a mixed fundamental backdrop where insider purchases occur alongside material financial weakness.