Director Carolyn E. Taylor bought 1,415 shares of TNXP at $10.55; stock down -83.8% from 52-week high, insider's prior TNXP trade lost -53.6% over 90 days.
Carolyn E. Taylor purchased 1,415 shares at $10.55 on 2026-06-12, expanding her position by 338.5%, but the timing reflects a difficult market backdrop: the current price of $11.35 is -83.8% below the 52-week high of $69.97, and Taylor's prior open-market buy at TNXP on 2025-08-21 delivered a -53.6% return over 90 days. The stock has declined -18.0% in the past 30 days and -14.3% over 90 days, placing this purchase in a downtrend. Fundamentally, the company reported $-40,194,000.00 in net income last quarter and was unprofitable over its most recent full fiscal year, though annual revenue grew 29.8% year-over-year. The purchase occurs alongside cluster buying activity (2 other insiders bought within the past 14 days), which may indicate coordinated conviction or may simply reflect coincidental trading windows, but the pattern of losses on Taylor's prior trade at this ticker and the company's cash-burn trajectory suggest elevated caution is warranted.