CFO Noyes buys 28,000 shares of LILA for $126,532.40 amid -34.6% decline; company unprofitable with -136.4M net loss.
Christopher J. Noyes, SVP and Chief Financial Officer, executed 2 purchases totaling 28,000 shares at a blended average price of $4.52 on 2025-05-12, increasing his holdings from 203.6K to 231.6K shares. The purchase occurs against unfavorable context: the stock has declined 34.6% over the past 90 days and is trading 52.9% below its 52-week high of $10.48. Fundamentally, the company reported a net loss of $-136.4M over its most recent full fiscal year, though revenue stands at $1.1B. As the CFO, Noyes's purchase of shares at the lowest current valuation in the 52-week window warrants attention given the company's current unprofitability, though the decision cannot be characterized as driven by external conviction signals alone.