medium
Buy
10,000 shares
$27,000
Significance
4/10
SVP, CAO Bedrick Todd bought 10,000 shares of ABSI at $2.70 on 2025-09-22; stock down -57.2% from 52-week high.
Bedrick Todd, serving as SVP and CAO, purchased 10,000 shares at $2.70, increasing his holdings by 5.9% to 180,428 shares. The transaction occurred at a significant discount to the 52-week high of $5.82, with the stock currently trading 2.0% lower over the past 30 days. Absci remains unprofitable with a net income of $-30.6M in the most recent period, and the company has experienced annual revenue decline of -20.7% year-over-year, indicating substantial operational headwinds that merit scrutiny of insider motivations.