COO Beattie buys 30,000 NOTV shares at $4.75; 90-day track record 100% win rate, cluster of 3 other insider buys in 14 days
John Gregory Beattie, Chief Operating Officer, purchased 30,000 shares at $4.75 on 2024-12-10, increasing his holdings by 22.8% to 161,761 shares total. This buy follows a strong 90-day price momentum (+203.5%) and aligns with a cluster buy pattern: 3 other insiders purchased within the past 14 days. Beattie's cross-ticker track record shows 1 prior open-market buy with a 100% win rate at the 90-day mark and +165.1% average 90d return; his same-ticker history at NOTV (one prior buy on 2023-12-14) also posted +165.1% in 90 days. However, the company fundamentals are weak: annual revenue declined 14.3% and net income was negative $26.1M over the latest fiscal year, with current market cap only $122.8M. The coincident cluster activity signals synchronized insider conviction, though the timing follows sharp near-term gains and faces headwinds from negative profitability and revenue contraction.