Carhart Ryan purchases 4,500 shares of PODC at $2.24; holds 11,061 shares post-buy; stock -14.0% from 52-week high amid unprofitable operations.
Carhart Ryan acquired 4,500 shares (4.5K shares) at $2.24 per share on 2026-04-17, increasing his position by +68.6% to 11,061 shares (11.1K shares). PodcastOne remains unprofitable with net income of $-154,000.00 over the most recent full fiscal year, though the company posted +20.4% annual revenue growth to $15,856,000.00. The current price of $2.70 sits -14.0% from the 52-week high and +11.1% above the 30-day average, placing this purchase near an intermediate peak rather than at depressed valuations. An investor should observe whether this accumulation by an insider coincides with improving profitability trajectory, as the company's sustained losses and modest market capitalization of $73,332,310.50 create execution risk despite recent revenue momentum.