Director Boyd Steven Kyle purchased 75,000 shares (75.0K) at blended avg $3.00 while stock trades at $2.95, -22.8% from 52-week high.
Boyd Steven Kyle, a Director at ORASURE TECHNOLOGIES INC, executed three consecutive open-market purchases totaling 75,000 shares for $224,750.00 at prices ($2.98, $3.02, $2.99) clustered tightly around $3.00, raising his holdings from 38,462 to 113,462 shares. The timing occurs as the stock trades at $2.95, down 22.8% from its 52-week high of $3.82, and the company is reporting severe fundamental stress: negative net income of $-22,377,000.00 in the latest quarter and annual revenue decline of -38.1%. The concentrated three-day purchase window and near-tripling of his share position represent material changes in his ownership stake, though the company's sustained unprofitability and substantial revenue contraction present significant risk factors that accompany this accumulation.